Central banks can push DeFi into mainstream — Swiss National Bank official

A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official.

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Nexo acquires stake in Summit National Bank to expand US offering

Nexo, a digital asset lending platform, announced that it has acquired a stake in Summit National Bank. The post Nexo acquires stake in Summit National Bank to expand US offering appeared first on CryptoSlate.

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National Bank of Ukraine Receives First Payment of Aid from Solana Community

The National Bank of Ukraine has received the first tranche of $1 million raised by Solana enthusiasts from all over the world through a dedicated...

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Circle Files With SEC to Become Federally-Chartered National Bank

The creators of USDC stablecoin have announced plans to become a National Bank and filed with the SEC. The post Circle Files With SEC to Become Federally-Chartered National Bank appeared first on BeInCrypto.

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BitPay Applies to Become a National U.S. Bank

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Ripple Inks Cooperation Agreement with Major National Bank

The National Bank of Egypt, the oldest and largest banking institution in the country, has joined RippleNet

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No Russian Bitcoin Expected: Central Bank Sees No Reason for National Cryptocurrency

The head of Russia’s Central Bank said that there are “no obvious reasons” for creating a national cryptocurrency.

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National Bank of Ukraine (NBU) to Entertain a State-Backed Blockchain Cryptocurrency Tied To Local Fiat

National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […]

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Доклад BIS: новости о регулировании сильно влияют на цену биткоина

Банк международных расчетов (BIS) опубликовал доклад, в котором говорится, что новости о регулировании рынка криптовалют по-прежнему существенно влияют на цены цифровых денег. Cryptocurrencies are thought to be beyond national regulation, but in fact their prices, trading volumes and user numbers react significantly to news about possible regulatory actions #Bitcoin #Cryptocurrencies #FinancialRegulation https://t.co/cSSBYTasja pic.twitter.com/2ZW5JECr01 — Bank […]

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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’

The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks.

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Putin Advisor Met Crypto Exchange CEO

Sergey Glazyev, advisor to Russian President Vladimir Putin and a member of the National Financial Council of the Central Bank of Russia, met Huobi founder and CEO Leon Li on the... The post Putin Advisor Met Crypto Exchange CEO appeared first on Trustnodes.

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U.S. Banking Giant PNC Partners With RippleNet

RippleNet seems to be keeping up with its expansion, with the new addition of PNC Financial Services Group, Inc. , to a network of world-leading financial institutions that have signed up for its products.

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Poland’s Largest Bank Adopts Blockchain for Data Transfer

PKO Bank Polski, one of the largest banks in Central Europe, will soon launch a blockchain solution developed in partnership with the National Clearing House and blockchain startup Coinfirm.

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Five Major Banks Penalized in State Funds Theft Case in Kenya

Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning.

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Ripple будет сотрудничать с крупнейшим банком Саудовской Аравии

Американская компания Ripple объявила о партнёрстве с крупнейшим банком Саудовской Аравии National Commercial Bank. Кредитная организация будет использовать децентрализованную сеть Ripple для обмена данными с другими банками.

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Ripple Just Confirmed a Landmark Deal With a Banking Giant in the Middle East

Ripple’s homegrown blockchain-powered global payment network has just bagged one of its biggest clients in Asia: the National Commercial Bank (NCB) of Saudi Arabia, a banking giant worth more than $120 billion.

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National Commercial Bank of Saudi Arabia Joins Forces with RippleNet

When it was authorized as the first established bank in Saudi Arabia, the National Commercial Bank (NCB) was slated to become the largest financial institution in the Middle East. Sixty-five years and 400 branches later, the Kingdom of Saudi Arabia (KSA) has joined forces with Ripple’s cryptocurrency enterprise.

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Today’s Best Bitcoin News with Top Cryptocurrency and Blockchain Headlines

Bitcoin, Blockchain and Cryptocurrency News For Today September 14th [VIDEO] Recap 2 [BREAKING]: Bank of America's Merrill Lynch to Launch Bitcoin Trading Product to Rival Goldman Sachs and Morgan Stanley [BREAKING]: Bank of America's Merrill Lynch to Launch Bitcoin Trading Product to Rival Goldman Sachs and Morgan Stanley RippleNet Expands With National Commercial Bank of […]

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NCB Joins RippleNet

Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc.

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Saudi Arabia’s NCB Joins RippleNet, Saudi British Bank Enters R3’s Consortium

Saudi Arabia is more open to the blockchain technology as the National Commercial Bank joined RippleNet and the Saudi British Bank joined R3’s blockchain consortium.

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National Commercial Bank of Saudi Arabia Joins RippleNet

For the last ten years the Kingdom of Saudi Arabia has been one of the largest sources of remittances in the world. According to the World Bank, 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016.

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RippleNet welcomes National Commercial Bank of Saudi Arabia

Ripple, the enterprise blockchain solution for global payments has confirmed that The National Commercial Bank (NCB) of Saudi Arabia has joined RippleNet, which enables the bank to connect to RippleNet financial institutions around the world.

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Hackers hijack 380,000 customers’ data from British Airways’ site

Hackers have stolen the data of 380,000 customers including names, addresses, phone number,  and payment information from the British Airways website. However, the compromised data didn’t include passport or travel details.

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.

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New Research Suggests Bitcoin Price can be Predicted by Google Search Activity

New research by economist Joost van der Burgt, a policy advisor at the Dutch National Bank, reveals a near perfect correlation between Bitcoin’s price fluctuations and Google “Bitcoin” searches up until Bitcoin’s price crash in early 2018.

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‘Totalitarian’ – Antonopoulos Slams India’s Identity-Based Digital Currency Plans

Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.

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Cryptocurrency in Israel: Analysing the Likelihood of Mass Adoption

On August 26, 2018, the Jerusalem Post published an interesting story about the possibility of Israel adopting a state-backed cryptocurrency as Venezuela recently did, albeit for entirely different reasons.

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Iran Set to Make U-turn on Cryptocurrency Ban

Iran is reportedly considering going back on its cryptocurrency ban. This move comes as the government makes definitive steps towards creating a national virtual currency to circumvent U.

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Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’

Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how many new sovereign bolivar units they possess. The release arrives after the national government re-denominated the old currency last week.

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Iran: Central Bank Figure Hints Cryptocurrency Ban Will End In September

Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. Regulators Revisit April Exchange Block The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since.

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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers

Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.

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Venezuela’s Constituent Assembly Drafts Law to Create Central Bank for Crypto

A member of the Venezuelan National Constituent Assembly has reportedly revealed that the assembly is preparing a reform to the country’s Constitution that includes a central bank for cryptocurrencies.

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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto

Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies.

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Cryptocurrency Remains Popular In South Africa, But Scams and Questions Still Loom

Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the nation. Despite growing interest, however, scams and fraud are still rife in the country.

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A "Good Start": U.S. Introduces Office of Innovation and Sandbox for Fintech

Fintech businesses struggling to stay inbounds of government rules may soon receive a dose of much-needed guidance via the Consumer Financial Protection Bureau (CFPB).

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OCC Starts Accepting National Bank Charter Applications From Fintech Companies

The Office of the Comptroller of the Currency (OCC) announced on Tuesday they are to begin accepting applications from fintech companies that wish to become national banks. “The decision to... The post OCC Starts Accepting National Bank Charter Applications From Fintech Companies appeared first on Trustnodes.

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An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.

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Крупнейший банк Австралии задействовал блокчейн для отправки 17 тонн миндаля

Австралийский финансовый конгломерат Commonwealth Bank of Australia (CBA) успешно протестировал технологию блокчейн для управления цепями поставок. Об этом пишет ZdNet.   В рамках эксперимента блокчейн был использован для отслеживания поставки 17 тонн миндаля из штата Виктория в Гамбург.

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Looming US Sanctions Lead Iran to Develop a National Digital Currency

Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […]

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Iran Considers State-Issued Cryptocurrency Ahead of Imminent US Sanctions

Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States.

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Iran Serious About Creating National Cryptocurrency Amidst Mounting Economic Woes and Fresh U.S. Sanctions

Iran appears to be on the verge of creating a national cryptocurrency as a way of circumventing impending United States sanctions. Meanwhile, the country’s cabinet recently approved a new head for the Central Bank of Iran (CBI).

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Iran Serious About Creating National Cryptocurrency Amidst Mounting Economic Woes and Fresh U.S. Sanctions

Iran appears to be on the verge of creating a national cryptocurrency as a way of circumventing impending United States sanctions. Meanwhile, the country’s cabinet recently approved a new head for the Central Bank of Iran (CBI).

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Swiss regulators negotiate with banks to prevent exit of cryptocurrency ventures

Recently, the Swiss Financial Market Supervisory Authority [FINMA] have held meetings with the Swiss National Bank and some of the other country’s local banks on how to improve the present condition of cryptocurrency ventures’ access to the bank.

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Swiss Regulators Hire Banks to Retain Crypotcurrency Ventures

Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.

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Ukraine’s Financial Stability Council Advances Cryptocurrency Legalization

The Ukraine is taking massive leaps to legalize cryptocurrency. There’s a new regulatory concept that recognizes tokens as financial instruments (as well as coins). The new concept won the support of high-up members in the Financial Stability Council of the country.

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Swiss Regulators Engage Banks to Prevent Exodus of Cryptocurrency Ventures

Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.

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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council.

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Argentina Central Bank Looks For Crypto & Blockchain Education Via Books

Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […]

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PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk

Wednesday Lugano, Switzerland – trade. io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer.

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