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Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments
Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […] дальше »
2019-12-11 00:07 | |
Bank of China Introduces Blockchain Bond Issuance System, Issues 20 Billion Yuan Bond
One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time. дальше »
2019-12-9 19:37 | |
RBI Governor Rules Out Private Digital Currencies But Discussion Underway For A Centralized One
India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […] дальше »
2019-12-6 18:28 | |
Kraken Announces the Swiss franc (CHF) as Its Sixth Fiat Currency
Kraken, one of the oldest bitcoin trading venues in the world, has announced the addition of the Swiss franc (CHF) to the growing list of fiat currencies supported on the exchange. In collaboration with its new banking partner, Bank Frick, Kraken will now offer users CHF deposits and withdrawals, according to a blog post onRead MoreRead More. дальше »
2019-12-6 18:00 | |
Kraken Tempts “Bitcoiners of Nordea” with Crypto Company Employment Options
One of the the longest running crypto asset exchange platforms has tried to tempt employees at the Nordea bank away from the anti-Bitcoin financial institution. Kraken tagged the Northern European giant in a tweet showing off its own latest and extensive employment opportunities. дальше »
2019-12-6 01:00 | |
RBI Governor Discusses Crypto and Central Bank Digital Currency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. дальше »
2019-12-6 16:30 | |
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
Since mid-September, the Federal Reserve has injected three trillion U. S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. дальше »
2019-12-5 01:30 | |
On Campus: Kyoto University Professor Envisions Long-Tail Impact of Blockchain Study
Professor Naoyuki Iwashita was a crypto finance expert long before the craze of 2017—in fact, before it was even invented. As one of Japan’s leading economists and a financial expert, he began helping the Central Bank of Japan encrypt its systems in the mid-1990s. дальше »
2019-12-5 06:37 | |
Sri Lanka's Central Bank to use blockchain tech for KYC processes
This year, the cryptocurrency industry witnessed several countries, as well as mainstream companies, explore the prospects of blockchain technology and cryptocurrencies. Sri Lanka is the latest one toThe post Sri Lanka's Central Bank to use blockchain tech for KYC processes appeared first on AMBCrypto. дальше »
2019-12-3 08:30 | |
Crypto exchange PDAX partners with UnionBank of the Philippines
Philippines-based bitcoin and cryptocurrency exchange PDAX (Philippine Digital Asset Exchange), which opened up to the public this past summer, announced it has formed a partnership with one of the leading financial institutions in the country, Union Bank of the Philippines (UnionBank), through their fintech subsidiary, UBX. дальше »
2019-12-2 08:25 | |
Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use. дальше »
2019-11-27 10:00 | |
Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance
Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments. дальше »
2019-11-27 03:00 | |
Bitcoin Whale Defies Traditional Finance, Moves $310 Million with $0.32 Fee
A Bitcoin whale has moved a colossal 44,000 ($310,280,282) BTC from one untracked wallet to another for a fee that is considered pocket change to the developed world, according to TheNextWeb, November 24, 2019. дальше »
2019-11-26 21:00 | |
People’s Bank of China and Related Parties to Monitor and “Clean-Up” Crypto-Related Businesses Within the Jurisdiction
On Friday, November 22, 2019, China’s central bank, People’s Bank of China released an announcement that it will be monitoring crypto businesses. It has been disclosed that the “clean-up” will continue since their previous one in 2017. дальше »
2019-11-25 18:29 | |
A Swedish Digital Currency is Necessary, Central Bank Governor Claims
It has been rumored for some time now how some countries will go cashless. Swedish officials want to take this one step further by creating a national digital currency. More details regarding this potential venture were outlined by the Swedish Central Bank Governor this week, A Swedish Digital Currency Seems Viable This individual sees a […] The post A Swedish Digital Currency is Necessary, Central Bank Governor Claims appeared first on NullTX. дальше »
2019-11-23 02:00 | |
South Africa’s FirstRand Bank Shuts Down Bitcoin Exchanges Accounts Due To Regulatory Uncertainty
FNB Bank, which is one of the ‘big five’ South African banks, has decided to shut down accounts owned by crypto exchanges in the country. However, the bank was quick to note that should the country implement clear-cut cryptocurrency regulations, it might reverse the policy. дальше »
2019-11-21 22:42 | |
Clear Skies Ahead for SatchelPay After Clearing Regulatory Hurdle
Coinspeaker Clear Skies Ahead for SatchelPay After Clearing Regulatory HurdleSatchelPay, one of the leading European electronic money institutions, has been cleared by the Bank of Lithuania to resume all suspended services. дальше »
2019-11-20 22:14 | |
South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops
FirstRand, one of South Africa’s biggest bank with $93 billion in assets, is to close the bank account of major crypto exchanges in the country, including Luno, ICE3X, VALR and... The post South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops appeared first on Trustnodes. дальше »
2019-11-20 17:57 | |
Bitcoin will replace gold, not the U.S. Dollar: Silvergate CEO
Alan Lane, Director & CEO of Silvergate Bank, was one of the pioneering figures to lead crypto's initial adoption. He recently featured in an interview with Anthony Pompliano, Co-founder of MorganThe post Bitcoin will replace gold, not the U.S. Dollar: Silvergate CEO appeared first on AMBCrypto. дальше »
2019-11-20 12:30 | |
Major South African Bank Closes Crypto Exchange Bank Accounts
FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut cryptocurrency regulations in South Africa may trigger a reversal of the policy. дальше »
2019-11-20 12:29 | |
Second Largest Australian Bank Broke AML Laws More Than 23 Million Times
Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15. 7 million) per breach. Westpac Banking Corp, the second-largest bank in Australia, currently faces multiple accusations. дальше »
2019-11-20 11:10 | |
Hong Kong Protest Funding Account Closure Is an Issue Bitcoin Can Fix
The British multinational investment bank, HSBC, has reportedly closed a bank account relating to the Hong Kong anti-extradition bill. The bill is one of the main reasons behind the protests that are occurring in the autonomous territory of Hong Kong. дальше »
2019-11-18 14:44 | |
Bitcoin Solves This: Ex-PayPal CFO ‘Fired as Customer’ by Bank of America
There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of collapse, but that is not all. They also have the power to ditch their customers with impunity as Sequoia partner Roelof Botha just found out. дальше »
2019-11-18 11:00 | |
Ripple Partner Banco Santander to Run its Blockchain-based Payment System on 6 More Corridors
In April 2018, Santander launched a foreign exchange service that uses the blockchain technology via Ripple to make same-day international money transfers. At the time, it said the service called Santander One Pay FX has been the first cross-border payments service using blockchain made by a bank. It went live in the UK, Span, Brazil, […] дальше »
2019-11-16 19:48 | |
Indian Customers Risk Losing Their Cash To A Failing Banking System
Nearly one million Indian bank customers cannot access their cash they deposited to their bank. The incident was just a proof of how the banking system is experiencing shortcomings and the improvements that could be made if crypto was given the opportunity. дальше »
2019-11-13 18:48 | |
Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. дальше »
2019-11-13 08:53 | |
A Million Bank Users Ask For Their Money, is Crypto a Viable Alternative?
Almost one million customers of an Indian bank are currently without access to the money they deposited with the institution. The incident serves as yet another reminder of the shortcomings of the current banking system and the potential improvements offered by crypto. дальше »
2019-11-13 01:00 | |
Bank of China Rolls out Blockchain to Streamline Insurance Claims
In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto. дальше »
2019-11-7 22:15 | |
190 Indian Bank Locations Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
190 Indian Bank Branches Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
China Banking Run Could be a Blessing For Bitcoin
One of the reasons Bitcoin was envisaged was to provide freedom from the banking system, which is clearly in trouble. Banks literally hold their customers to ransom when services are pulled. This is exactly what is happening now in China as citizens rush to withdraw their savings. дальше »
2019-11-1 07:00 | |
Bitcoin Is Approaching the Optimal Buy Zone, According To Analyst
The sudden popularity regarding blockchain technology in China is exciting. However, these positive stories aren’t having the expected effect on Bitcoin’s price. For example, the China Merchants Bank has recently announced that it has made an investment in the crypto wallet BitPie, arguably one of the most popular wallets used by Chinese investors. дальше »
2019-10-31 04:27 | |
State Bank of India (SBI) Chairman Calls for Cryptocurrency Regulation in the Country
Government Controlled Bank, State Bank of India (SBI) Chairman, Rajnish Kumar, Calls For Regulation of Cryptocurrencies in the Country. Speaking in an interview, Kumar highlighted the need to set up regulations on the cryptocurrency industry instead of the blanket ban currently enforced in the country. As the chairman to one of the largest banks in […] дальше »
2019-10-24 19:34 | |
Ban Begone? India’s Largest Bank Supports Heavy-handed Crypto Regulation
One of the world’s largest banks, the government-controlled State Bank of India, does not mind the heavy regulation of crypto in the country. This is according to the bank’s chairman Rajnish Kumar. дальше »
2019-10-24 11:54 | |
Crypto Friendly Fidor Bank Leaves the UK Market Due to “Uncertainties”
Fidor, one of the world’s friendliest bank for the crypto industry has closed its doors to the United Kingdom, leaving London last month. Asked if this had anything to do... The post Crypto Friendly Fidor Bank Leaves the UK Market Due to “Uncertainties” appeared first on Trustnodes. дальше »
2019-10-22 17:44 | |
Singapore’s CIMB Group Bank Completes First Ever Blockchain Transaction Using iTrust
One of Asia’s largest investment banks, CIMB Group’s Singapore-based bank, CIMB Bank Berhad Singapore, settled its first ever transaction on blockchain technology on Oct. 17. According to a Yahoo Finance press release, the bank partnered with iTrust, a trade finance blockchain solution, to efficient, instant and transparent channels of global trade. The CEO of CIMB […] дальше »
2019-10-18 18:39 | |
US Second Largest Bank, Bank Of America, Secretly Tests Ripple XRP Technology
Recent reports leak that the second-biggest bank in the US, has secretly piloted Ripple’s blockchain technology and is poised to do more with it. Late last year, during a seminar organized by the International Monetary Fund (IMF), Ripple recognized Warren Buffett-backed Bank of America as one of its customers during its presentation. Probed about whether […] дальше »
2019-10-17 19:28 | |
Coinstone Capital launching blockchain fund powered by RIDDLE&CODE
Coinstone Capital launching blockchain fund powered by RIDDLE&CODE - CryptoNinjas RIDDLE&CODE, a European-based provider of blockchain interface solutions, and Coinstone Capital a dedicated crypto-asset investment fund, today announced the deployment of RIDDLE&CODE’s Asset Management Solution as the custodial solution to power Coinstone’s new blockchain-based Alternative Investment Fund – Coinstone Decentralised One. дальше »
2019-10-17 18:24 | |
Over 8 Million Customers Affected as Major Outage Hits Australia’s Biggest Bank
The Commonwealth Bank, one of the “big four” Australian banks, has suffered a major outage that has left its more than eight million customers affected. Meanwhile, it is urging customers to be vigilant for scams. дальше »
2019-10-17 18:16 | |
Bitcoin proponent talks about dangers of centralized cryptocurrencies
From banning Bitcoin [BTC] and other cryptocurrencies to launching its own digital currency, China’s recent developments have prompted policymakers across the globe to take a second look at cryptocurrencies. дальше »
2019-10-14 21:33 | |
Coinbase Gets E-Money License In Ireland, Expanding European Foothold
Coinbase has become one of the few companies with an e-money license from the Irish Central Bank
дальше »2019-10-13 03:59 | |
Trump Tweets Not Influencing Monetary Policy, Insists Dovish Fed Banker
Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates. дальше »
2019-10-13 01:38 | |
Earnings Preview: Bank Stocks Will Steal the Show
Next week kicks off earnings season for the financial sector as bank stocks start to report. The banking industry is seen as a bright spot this earnings season, with analysts predicting that it will be one of four sectors to eek out earnings growth. дальше »
2019-10-13 22:30 | |
Satoshi Nakaboto: ‘Bitcoin market cap rivals HSBC, Europe’s largest bank’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. дальше »
2019-10-9 12:44 | |
Major German Coop Bank Passes Negative Interest Rates to Customers
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. дальше »
2019-10-9 10:40 | |
France’s State Investment Bank Funds Bitcoin Lightning Network Startup
French start-up ACINQ, one of the main developers behind the Lightning Network, has secured around €1M euros from the public investment bank. The move is one of the few times that a state-led entity in France has put their money towards the blockchain industry. дальше »
2019-10-9 20:04 | |