International Cross-Border Payments Marathon Race is Starting to See Ripple Labs Sprint Forward

2019-5-14 02:20

International cross border payment options are without a doubt one of the most significant uses of digital currencies. Cryptocurrency payments options are a lot more faster than the the traditional payment methods, because third party intermediaries are cut out of the process.

Commercial banks as well as central banks around the world have started exploring […].

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Ôîòî:

Nobody Shills Bitcoin Quite Like The International Monetary Fund (IMF)

The International Monetary Fund (IMF) may have accidentally delivered its biggest advertisement for Bitcoin yet as it argues for negative interest rates. Bitcoin Proponents Thank IMF… Again Retweeting a blog post from February this year, the financial organization reiterated its faith in central banks increasing negative interest rates – essentially taxes on using money.

2019-4-22 21:00


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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency

North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.

2019-4-15 12:56


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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe.

2019-4-5 13:00


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).

2019-4-3 00:47


Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’

Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions.

2019-4-1 12:04


International Monetary Fund’s Lagarde Sees Fintech as a Prevailing Force, Alternative to Banks in the Next Crisis

The World Economic Forum was held this week in Davos, and there were many major players in the traditional finance and cryptocurrency worlds discussed globalization. Christine Lagarde, the managing director of the International Monetary Fund (IMF) hosted one of the panels, and she had plenty to say about the growth of fintech and the need […]

2019-1-26 20:54


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BIS Survey: 70 Percent of Surveyed Banks Are Fidgeting with the Idea of Central Bank Digital Currencies  

A recent survey by the Bank for International Settlements (BIS) found the majority of the world’s central banks are not too keen on issuing digital currencies at least for the next three years but 70 percent of them accepted that they are exploring with the idea of CBDCs in some capacity, reports SCMP, on January 8, 2019.

2019-1-10 18:00


New Bank For International Settlements (BIS) Report: 70% Of Central Banks Are Studying Cryptocurrencies

Report Shows 70% Of Central Banks Is Performing Research Regarding CBDCs According to a recent report published on January 8 by the Bank for International Settlements (BIS) seventy percent of central banks around the world are analyzing the introduction of Central Bank Digital Currencies (CBDC). However, it seems that just a few of these monetary […]

2019-1-8 21:14