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Ripple exec reveals execution of 100,000 transactions in concert with Banco Santander
One of the world’s leading blockchain firms, Ripple’s payment technologies have been popular with many banks globally. One such bank is Banco Santander, which is one of the firm’s largest clients. дальше »
2019-10-8 19:30 | |
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Millennials are Killing the Economy… Because They’re Saving Money
Millennials have been accused of killing a lot of industries (cereal, beer, housing, mayonnaise, napkins, and politics). But this might be the stupidest theory of them all. According to one investment bank, millennials are killing the entire economy. дальше »
2019-10-7 18:30 | |
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JPMorgan Predicts Fed to Ease Rates Again by Halloween
JPMorgan expects the Fed to ease rates again in October. Over the weekend, CNBC anchor Carl Quintanilla tweeted the investment bank’s statement from his iPhone: Slowing job growth is one indication of a slowing global economy. дальше »
2019-10-7 00:00 | |
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iSTOX Security Token Platform Gets Funding From One Of Thailand’s Largest Investment Bank
iSTOX, a security token platform backed by the Singapore Exchange, have managed to raise their Series A funding. iSTOX has declined to give the exact amount, but the funding was provided by the Thai banking firm, the Kiatnakin Phatra Financial Group (KKP). дальше »
2019-10-5 18:14 | |
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Lawmakers Want to Know Fed’s Plans For US Digital Currency, “It Is Inevitable” Says Philly Bank Pres
Will the US Federal Reserve jump onto the digital currency bandwagon? According to Philadelphia Federal Reserve bank president Patrick Harker, it’s “inevitable. ” However, he said the United States should not be the first one to make such a move. дальше »
2019-10-3 21:37 | |
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German State Bank Says Bitcoin to $90,000, “Ultra-Hard Type of Money”
One of Germany’s biggest bank predicts bitcoin will reach $90,000 due to the halvening based on a stock to flow model that measures the hardness of a money. We’ll initially... The post German State Bank Says Bitcoin to $90,000, “Ultra-Hard Type of Money” appeared first on Trustnodes. дальше »
2019-10-3 17:26 | |
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Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’
Bayern LB, one of Germany's top banks, has published a report in strong support of bitcoin superseding gold, predicting a price of $90,000 per BTC post bitcoin's halving in 2020. Within a report entitled, "Is bitcoin outshining gold?" the bank's researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […] The post Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’ appeared first on CCN.com дальше »
2019-10-2 21:00 | |
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Four Bank of Ireland Executives To Testify in $300 Million OneCoin Pyramid Scheme Case
Fresh news has emerged that witnesses belonging to the Bank of Ireland staff have been asked to bring upon testimonies against the perpetrators in the multi-dollar OneCoin pyramid scheme. According to reports, employees from the Bank were asked by the attorney to give a statement against Mark Scott. He is one of the main suspects […] дальше »
2019-10-1 16:28 | |
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Litecoin Foundation, Token Pay-owned German bank to process Bitcoin payments by 2020
WEG Bank AG, a German bank which has been partially acquired by three prominent blockchain firms – Nimiq, Token Pay and the Litecoin Foundation, has announced that it will process cryptocurrency payments for retailers by 2020. дальше »
2019-10-1 12:26 | |
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Zimbabwe Bans Mobile Money and Foreign Pricing
Numerous countries find themselves in major financial peril these days. Zimbabwe is one of the many African countries in dire need of a change. Recent regulations imposed by the central bank continue to limit financial options for both companies and individuals alike. дальше »
2019-10-1 01:59 | |
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SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners
Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory, SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc. дальше »
2019-10-1 21:32 | |
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Regulators Must Have Died and Made Crypto Exchanges King
The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. дальше »
2019-10-1 21:00 | |
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Bank of Ireland staff asked to testify in $300M OneCoin fraud case
As the multi-billion dollar OneCoin cryptocurrency pyramid scheme continues to tumble, news of witnesses set to testify against the scam’s perpetrators are now coming to light. According to Finance Feeds, employees of the Bank of Ireland have been asked to testify in the case against Mark Scott, one of the alleged figureheads of the $3 billion-plus OneCoin scam. дальше »
2019-9-30 17:30 | |
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Stablecoin regulations would need to eliminate risks regarding liquidity of underlying assets, claims IMF
As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves. дальше »
2019-9-28 18:30 | |
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Singaporean Bank OCBC Gets Onboard with JPMorgan’s Quorum-Based Blockchain Network
OCBC, one of the largest banking institutions in Singapore, has recently joined the JPMorgan Chase’s blockchain network, according to reports from local media outlets. Right now, there are 134 banks from the Asia-Pacific as part of the Interbank Information Network. дальше »
2019-9-21 22:16 | |
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Wells Fargo Digital Cash: Bankers escaping the blockchain revolution
Another one bank has launched corporate cryptocurrency – Wells Fargo, the fourth largest bank in the world and in the United States. Earlier this year, JP Morgan launched its own stablecoin JPM Coin. дальше »
2019-9-21 17:15 | |
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Fed Flooding Money Markets as SEC Blindly Bashes Bitcoin Again
So far there has been little indication that US regulators will change their harsh stance towards bitcoin and the crypto industry. Blinkered by false notions, they continue with their anti-crypto rhetoric making America one of the most highly regulated countries for crypto startups. дальше »
2019-9-20 14:00 | |
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The End of the Blockchain Scalability Problem? ILCoin Achieves 33,000+ Tx/s With 1.5 GB Blocks
Blockchain technology has the potential to change the world and disrupt numerous industries with its positive features like increased security, transparency, traceability, and decentralization. Cryptocurrencies are one great example of the possible use-cases of blockchain technology. дальше »
2019-9-18 21:16 | |
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Dow Hiccups as Deutsche Bank Warns US Economy ‘Tipping Into Recession’
The Dow and broader stock market bled lower on Tuesday, pushing Wall Street’s major indices further from their all-time highs in the wake of a titanic disruption to the global oil market. Meanwhile, one Deutsche Bank strategist warns that the market could suffer a reckoning as the US economy lurches closer to a recession. дальше »
2019-9-18 16:35 | |
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Global Markets Wait in Anticipation for Game-Changing ECB Policy Decision
Asian stocks traded mostly higher on Wednesday, while U. S. Treasurys notched fresh monthly peaks ahead of one of the most anticipated central-bank meetings of 2019. In less than 36 hours, the European Central Bank (ECB) will deliver a policy statement that could usher in a new era of monetary easing. дальше »
2019-9-12 05:51 | |
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Circle CEO: No One in the World Is Any Closer to CBDCs than China
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says
дальше »2019-9-11 04:55 | |
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Pakistan: Ripple (XRP) Partners with Major Islamic Commercial Bank
According to a Crowdfund Insider report published on September 8, 2019, major Pakistani bank, Faysal Bank Limited (FBL) has partnered with fintech firm, Ripple Inc. to launch a blockchain-powered digital payments solution. дальше »
2019-9-9 11:00 | |
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Bank Of England Chief Asks Community To Embrace A Centralized Crypto Asset To Replace The Dollar
First, they dismiss and laugh at you, then they criticize you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »
2019-9-7 03:34 | |
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Turkey’s Takasbank Will Launch Blockchain Platform Focused On Physical Gold Trading
The Instanbul Clearing, Settlement and Custody Bank (Takasbank), which is based in Turkey, has recently announced the launch of a new blockchain platform that would be used to trade physical gold. According to the bank, the new platform is going to be called BiGA (which means one gram of gold) and it will enable the […] дальше »
2019-9-7 02:51 | |
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Abu Dhabi Commercial Bank Integrates Trade Finance Blockchain
One of the UAE’s largest banks has adopted a blockchain bookkeeping platform of physical trade from Singapore-based firm dltledgers, according to Ledger Insights, September 3, 2019. The first transaction was the movement of goods worth $6. дальше »
2019-9-5 23:00 | |
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The Significance of the World’s First Yuan-Denominated Letter of Credit Blockchain Transaction
Voltron trade finance platform, developed by eight banks could be commercialized next year HSBC has completed the first blockchain-based letter of credit transaction using Chinese yuan, the bank said on Tuesday. дальше »
2019-9-3 19:11 | |
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6 futuristic jobs that will soon exist in the financial industry
It used to be that a job in finance would set you up for life. Steady, reliable, dependable, calculators and sweater vests. These things come to mind when you think of a career in finance. Just like in other industries, AI and machine learning are entering the scene and causing great disruption in what used to be one of the most stable career choices. дальше »
2019-9-2 16:27 | |
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Ripple Partner Embedding Complex Trades within Blockchain Messages
Euro Exim Bank has started embedding complex trades within blockchain messages B2B payments and SMEs growing at a faster pace Digital Currencies remove one of the biggest obstacles to SMEs business growth What makes digital asset unique is that “they’re universal currencies, meaning anyone can use them as units of value anywhere in the world,” […] дальше »
2019-9-1 19:18 | |
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4 New Banks Join Ripple-powered SBI’s MoneyTap: Finally a Bullish XRP Price Sign?
Awa Bank, North Japan Bank, Third Bank, and one other bank joins MoneyTap The tally of banks rises to 29 banks One of the leading banking partners of Ripple, SBI Holdings has added four new banks as the shareholders in MoneyTap, bringing this tally to 29 banks. дальше »
2019-9-1 18:56 | |
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Former Amazon Employee Hacked Capital One Bank and Used its Servers to Mine Cryptocurrency
In one of the most significant data breaches to ever be documented, former Amazon Web Services representative, Paige Thompson, is thought to be the brains behind the data violation of Capital One bank. дальше »
2019-8-31 18:03 | |
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Ex-Amazon employee who hacked Capital One bank used its servers to mine cryptocurrency
The former Amazon Web Services employee thought to be behind the data breach of Capital One bank earlier this year appears to have also used the infiltrated cloud servers to surreptitiously mine cryptocurrency. дальше »
2019-8-29 09:19 | |
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Inaccurate Speculation’ or Is China’s Central Bank Ready to Launch Crypto in Just Over 2 Months?
China’s central bank backed digital currency DC/EP (Digital Currency/Electronic Payments) will be issued to seven institutions, reported Fobes citing Paul Schulte, an independent researcher and former employee of one of these institutions. дальше »
2019-8-28 15:50 | |
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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […] The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News. дальше »
2019-8-28 23:00 | |
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Podcast: How bank data analysis helps fight modern slavery
Since 2014, more than 40 million people have been victimized by human trafficking. To understand how massive that number actually is, look at this map of Europe for a few seconds: The number of human trafficking victims globally is as many as the inhabitants of Denmark, Sweden, Norway, Finland, Croatia, and Hungary combined. дальше »
2019-8-26 16:29 | |
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BOE Governor Calls for a Central Bank Crypto Asset to Take On US Dollar’s Dominance as a New World Reserve Currency
First they dismiss and laugh at you, then they criticise you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »
2019-8-24 01:26 | |
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Samsung-Backed South Korean Blockchain Blockco Raises $7.5 Million
Blockco, a South Korean blockchain company that was backed by the tech giant Samsung has managed to raise $7.5 million recently during its latest Series B+ funding round. According to the company, the round was led by the Shinhan Bank, one of the largest forex banking institutions in the country. Other prominent investors included the […] дальше »
2019-8-23 00:18 | |
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How Bitcoin Prices Will Fare With Reduced Chinese Benchmark Interest Rates
The China-US trade war is biting the Chinese economy hard. Growth rates are no longer as rosy as they used to be. As a result, the Chinese who have multiple ways to determine their interest rates have revamped one of the strongest tools in their arsenal. дальше »
2019-8-21 14:34 | |
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Silvergate Bank Looking to Become Institutional Crypto Lender
One of the few go-to financial service providers that are Bitcoin and Crypto friendly, Silvergate Bank, is looking to expand its services to include crypto-currency lending, according to an updated IPO filing. дальше »
2019-8-20 12:00 | |
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Ripple And Santander – XRP Is Going Nowhere, But Fanboys Still Won’t Listen
Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U. дальше »
2019-8-20 00:04 | |
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Philippines Central Bank Approves Two New Cryptocurrency Exchanges; Atomtrans and Telcoin
The Central Bank of the Philippines has recently decided to allow two new companies to operate as cryptocurrency exchanges within its boundaries. Now, Telcoin Corpl and Atomtrans Tech Corp will both be able to offer its services in the country. дальше »
2019-8-20 23:00 | |
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Santander To Provide Remittance Services To Its Latin American Customers Using Ripple Backed Solution
Santander Group, a major Spanish bank wants to expand its use of One Pay FX solution to enable its customers in Latin American countries send money to the U. S. According to the bank, Ripple’s remittance service will allow customers in these countries to send feeless payments instantly, reports Coindesk on August 19, 2019. дальше »
2019-8-20 22:50 | |
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Philippines Increasingly Crypto Friendly – A Look at Driving Forces
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-18 03:30 | |
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Philippines Increasingly Crypto Friendly
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-20 03:30 | |
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Santander Joins Barclays in a Bank Blockade against Coinbase in the UK?
Coinspeaker Santander Joins Barclays in a Bank Blockade against Coinbase in the UK?One unverified Redditor alleged that Santander Bank is preventing UK customers from depositing their fiat funds to Coinbase but the bank denies the allegations saying that it is ‘not the case’. дальше »
2019-8-15 18:15 | |
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