2019-2-5 12:47 |
Six United Arab Emirates and Saudi Arabian commercial banks will participate in a digital currency project for cross-border interbank transactions
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Six commercial banks operating in the UAE and Saudi Arabia have joined a currency project that aims to conduct cross-border transactions using crypto. Argaam, a major financial news portal in Saudi Arabia, first revealed the news.
2019-2-5 21:44 | |
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The cryptocurrency pilot program will test the potential of a central bank digital currency.
2019-1-22 21:07 | |
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CryptoNinjas Digital Currency Group company Grayscale Investments, the New York-based operator of the Bitcoin Investment Trust officially announced today the launch of the Grayscale Stellar Lumens Trust.
2019-1-18 07:34 | |
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The controversy around Ripple and their centralization, premined coins and influence of banks aside, Ripple Labs is all about improving the speed and cost of cross-border payments. Mercury Ltd is one of the companies that uses Ripple’s xRapid software, solution for value transfer that exclusively uses XRP as the settlement currency.
2019-1-17 18:52 | |
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There were several rumours during the last year regarding Ripple signing a partnership with SWFT. Ripple is one of the largest companies in the virtual currency market and SWIFT is the biggest services provider for cross-border transactions.
2019-1-6 22:32 | |
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Chinese payments giant Ant Financial, a wholly-owned subsidiary of Alibaba Group, is in advanced discussions with European payments application WorldFirst in a takeover deal worth $700 million, reported Finance Magnates on December 26, 2018.
2018-12-28 06:00 | |
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Satoshi Citadel Industries Ventures (SCI), a blockchain startup from the Philippines, has launched a new enterprise blockchain division called SCI Blockchain Technologies. SCI, a licensed virtual currency business in the Philippines, operates a portfolio of crypto-related products that include BuyBitcoin.
2018-11-27 18:47 | |
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It seems that customers using Ripple’s product may be able to easily switch to the xRapid product, which is one of the most promising products and from the company. Using XRP as the virtual currency to process cross-border transactions that would allow companies to reduce costs and time. According to a new document released known […]
2018-11-14 18:22 | |
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Ripple is a global settlement system currency exchange and remittance network. It is based on an open-source protocol that supports tokens standing as fiat, cryptocurrency and business commodities.
2018-11-2 21:36 | |
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Ripple, a digital currency that uses blockchain technology for its payments solution, has gained traction in the financial services through its continuous introduction of new platforms. The most notable service offered by Ripple is the facilitation of cross-border transactions between banks and other financial institutions.
2018-10-15 19:08 | |
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The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.
2018-10-12 12:00 | |
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With the market’s value jumping all over the place and there being plenty of opportunity for investors, let’s look at some of the coins to look at this month. ADA The co-founder of Etherum, Charles Hoskinson set up this blockchain project a few years ago under the name Cardano.
2018-10-9 17:30 | |
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Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome.
2018-9-24 16:59 | |
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Ripple XRP, a cryptocurrency that facilitates an easy cross-border transfer of currency recently revealed its plan to release its earlier proposed xRapid product finally. A new feature, a product that will enhance cross-border money transfer, which will be adaptable for the traditional banking system.
2018-9-20 21:28 | |
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XRP (XRP)–As cryptocurrency prices continue to suffer across the board as a result of an ongoing bear cycle, the third largest currency by market capitalization XRP is finding increased competition in the realm of cross-border payments.
2018-9-11 21:36 | |
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A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.
2018-9-11 17:57 | |
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IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar's blockchain to "clear and settle cross-border payments" in near real time.
2018-9-6 23:49 | |
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Brad Garlinghouse, the CEO of Ripple, rejects the possibility of cryptocurrency replacing fiat money, but sees its future in cross-border payments. The post Ripple CEO: No Need for Replacing Fiat Currency Any Time Soon appeared first on CoinSpeaker.
2018-9-5 14:43 | |
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Ultroneum’s ambition is to build a cashless Global Multi Financial Services Mobile Gateway where all payments’ and transactions’ needs can be fulfilled using both supported cryptocurrencies and supported conventional currencies as an interchangeable financial instrument.
2018-7-8 18:00 | |
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NEURON is a pioneering international decentralized payment system that operates independently from regulators and existing payment systems. lely by participants in the system. NEURON’s own currency, NER, allows cross-border payments to be conducted with a minimum commission.
2018-6-28 17:51 | |
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Southeast Asia’s leading virtual cross-border currency transfer service provider InstaReM, has now launched in Europe with its main operation being headquartered in London. The European market approach by InstaReM is aimed to ‘bottom out’ the market and name itself as “price champion”, just as it achieved a similar accolade following the companies launch in Southeast Asia in 2014.
2018-6-19 14:00 | |
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This is the third post of three in a series on Ripple’s vision and product strategy. You can read the first here and the second post here. Strategy Two: Solve Liquidity Management with xRapid Cross-border payments usually involve a currency trade.
2018-6-17 12:50 | |
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The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies.
2018-6-16 22:00 | |
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Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.