2023-3-30 13:04 |
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff. origin »
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Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.
2023-3-29 13:04 | |
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Tether’s chief technology officer (CTO) Paolo Ardoino in an interview with CNBC said that Bitcoin could retest its all-time high amid the current banking crisis. Bitcoin reached an all-time high above $69,000 on November 10, 2021, before embarking on a bearish trend that saw it test $15,000 towards the end of 2022.
2023-3-26 14:22 | |
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The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth.
2023-3-11 16:04 | |
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Russias various financial institutions and banking entities dont always see eye-to-eye on the subject of cryptocurrencies. Sberbank, the nations largest bank, is one of the biggest proponents of the technology,...
2023-2-4 21:08 | |
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There are changes in technology and cross-border payment systems As adoption grows, cryptocurrency and DeFi transactions are proving triumphant We list the three key trends of cross-border payments in 2023 Soon, international money transfers will work just like any other fintech product, including internet banking or embedded finances.
2023-1-19 20:19 | |
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Blockchain technology continues to grow in popularity, with different industries like music, automotive, banking, insurance, telecommunication, and media and entertainment adopting it. This trend has been linked to the numerous benefits of blockchain technology.
2023-1-13 13:33 | |
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Coinspeaker US Federal Regulators Issues Joint Statement on Risks Related to Crypto Assets to Banking Organizations The joint warning statement by United States regulatory agencies is in line with Biden’s directive on the healthy adoption of blockchain technology and digital assets.
2023-1-4 14:46 | |
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Unbanked is a Securities and Exchange Commission (SEC)-registered global financial technology (fintech) company connecting traditional banking products with blockchain technology.
2022-12-23 11:23 | |
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Automatic payments for bills are commonplace in the traditional banking world and Visa has proposed a way to mimic the service using blockchain technology.
2022-12-20 07:38 | |
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Stratis, a blockchain development platform, announced that it has become a Technical Service Provider for Open banking technology.
2022-10-15 15:00 | |
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Avalanche’s open-source technology boasts nearly instantaneous transaction finality. It was developed for the scale of global banking and is described in the Avalanche Documentation as ideal for establishing decentralized applications and business blockchain installations.
2022-10-12 16:00 | |
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PayPal has joined Coinbase's Travel Rule Universal Solution Technology (TRUST) network, which aims to "protect the security and privacy" of customers while complying with the banking industry's Travel Rule.
2022-8-24 17:30 | |
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Bitcoin and its underlying technology has earned the trust and praise of some of the most notable figures in banking and finance. For instance, the director of Brazil’s central bank only has good things to say about the technical features of the crypto.
2022-8-8 14:48 | |
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Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […]
2022-6-22 17:48 | |
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It is critical to evolve in a world that is moving at such a quick pace. Evolution is vital not only for humans but also for the industry to keep up with the times. Tech is enhancing the age-old operaThe post Wallex: Blockchain technology to transform digital banking globally appeared first on AMBCrypto.
2022-5-19 14:45 | |
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It is a problem that almost all crypto investors face when they inevitably attempt to use what is referred to as the future of money. The emerging, borderless technology is promising without a shadow of a doubt, but barriers between digital assets and the traditional banking system remain in the way. Crypto holders tend to […]
2022-5-19 13:25 | |
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Blockchain and crypto are changing major industries around the world. From banking to supply chains, it revolutionizes several aspects across businesses and industries of all sizes. The crypto market which was only worth $1 billion almost a decade ago, has now exploded into a massive $2 trillion industry and what originated with the Bitcoin blockchain, has evolved into a full-fledged crypto ecosystem with over 18000 different projects.
2022-4-27 12:46 | |
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Citi is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future as a collection of decentralized technology and virtual environments.
2022-4-2 19:16 | |
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LakeBTC is a Shanghai based crypto exchange, owned by a British Virgin Island registered company Lake Investments Limited. The name “LakeBTC” stems as an abbreviation of “Lake Banking Technology Company”, which is the official name of their project.
2022-3-10 08:29 | |
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Swiss bank secrecy laws have protected Credit Suisse from having to disclose whether it was banking criminal activity, which is a far cry from the transparency blockchain technology offers.
2022-2-21 06:55 | |
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Starting ADALend CEO Kaspars Koskins interview series, one of the most promising companies that is revolutionizing the lending industry by using blockchain technology to disintermediate the traditional middlemen – providing unprecedented access to loans for those ignored by the traditional banking system and providing high yields for investors in a persistently low-interest-rate environment.
2022-1-16 12:52 | |
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Starting ADALend CEO Kaspars Koskins interview series, one of the most promising companies that are revolutionizing the lending industry by using blockchain technology to disintermediate the traditional middlemen – providing unprecedented access to loans for those ignored by the traditional banking system and providing high yields for investors in a persistently low-interest-rate environment. I hope […]
2022-1-15 20:43 | |
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On Friday, October 8, 2021, Sri Lanka’s Department of Government Information published a press release that details a new initiative that will see a government-led effort to create a nationalized, “integrated system of digital banking, blockchain and cryptocurrency mining technology”.
2021-10-10 19:24 | |
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Sri Lanka has approved a policy proposal on blockchain technology and its applications in Sri Lanka. The framework is aimed at digitizing the economy and will cover digital banking and crypto-mining.
2021-10-7 14:30 | |
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This week, the Bank of England announced the membership of the central bank digital currency (CBDC) Engagement and Technology Forums. The creation of the groups was first announced in April this year alongside the CBDC task force to explore the potential of a UK CBDC.
2021-10-1 23:37 | |
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AlgoTrader, a technology provider for institutional-grade cryptocurrency asset trading, and Peer Energy, a sustainable technology innovator, announced today a new partnership to develop carbon-compensated crypto trading for banking clients.
2021-9-24 23:24 | |
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Crypto banking refers to managing digital assets, i.e., cryptocurrency, at a financial technology firm or financial services provider. The post Crypto makes you ‘your own bank.’ But how secure is crypto banking? appeared first on CryptoSlate.
2021-9-14 16:00 | |
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Blockchain technology has been touted as one of the most disruptive technologies of this era, and this is just the start. From banking to fashion, blockchain is being implemented throughout many industries, and IBM is now utilizing the technology to improve the way we recycle plastic.
2021-8-19 23:00 | |
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Square, which is known for its disruptive innovations in the field of finance and technology, has announced that it will be launching a new platform to support decentralized financial projects using Bitcoin.
2021-8-14 05:00 | |
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4th july 2021, Shenzhen, China — ETD (Ethereum Data) is an ecological sustainable blockchain computing platform that combines Ethereum smart contacts with shared DSB (Disk Storage banking) technology to contribute computing power to shared computational networks, powered by its native token (ETD Coin) The unique platform has contributed to power networks such as the Berkeley […] The post Ethereum Data Platform Offers Energy Efficiency and Low Cost with Unique Consensus Mechanism appeared first on NullTX.
2021-7-4 11:39 | |
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Seemingly a match made in heaven, Revolut the disruptive UK bank with over 15 million customers, has teamed up with Polkadot, the visionary blockchain technology that promotes interoperability at scale, to offer a listing of the DOT token on its app.
2021-6-30 19:55 | |
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The global pandemic accelerated the use of technology in many sectors, including the banking industry. Cryptocurrencies, digital wallets, stablecoins and other blockchain-based solutions are becoming increasingly common and are changing the way people manage their money.
2021-6-27 20:02 | |
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Exibex organises the 2nd Annual Edition of Finnovex Southern Africa and 7th Edition from the Finnovex Global Series to examine how technology is Changing the Delivery of Banking and Financial Services.
2021-6-17 08:56 | |
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Nimiq, a decentralized, censorship-resistant payment protocol with its own diverse ecosystem of apps, announced today together with German bank TEN31, it has achieved compatibility between blockchain and banking with the release of the OASIS (Open Asset Swap Interaction Scheme) technology.
2021-6-10 11:10 | |
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Tech experts have found blockchain use cases in banking and financial markets, supply chains, health care, government, elections, and, in essence, the distributed ledger technology...
2021-5-25 07:18 | |
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JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt […]
2021-4-8 04:30 | |
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With an integrated digital banking platform, TABANK, a Singapore-based crypto firm is leveraging blockchain technology to offer high quality and secure financial services solutions to a varied range of institutional as well as personal finance requirements in its One-Stop Crypto Ecosystem for All Needs Ecommerce, Wallet, Exchanges Crypto, Social network app. Also, the app is […]
2021-3-12 16:14 | |
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JPMorgan currently has a total of 56 open job positions for blockchain technology experts, a record for any company in the space. Late last year, the lender launched its blockchain division called Onyx and it’s now hunting for experts to man the unit.
2021-3-9 00:00 | |
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VersaBank, a leading North American bank in terms of business-to-business (B2B) digital banking and technology solutions for cybersecurity, seeks to launch a deposit-based digital currency. A press release revealed this news on February 24.
2021-2-26 19:21 | |
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LakeBTC is a Shanghai based crypto exchange, owned by a British Virgin Island registered company Lake Investments Limited. The name “LakeBTC” stems as an abbreviation of “Lake Banking Technology Company”, which is the official name of their project.
2021-1-11 19:45 | |
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HDBank has become the first bank in Vietnam to issue a letter of credit (LoC) via blockchain technology. This development is expected to bring about a major change in the banking system of the country.
2021-1-7 14:00 | |
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China’s targeted blockchain adoption agenda is set to gain more ground with the country’s banking association set to deploy decentralized ledger technology (DLT) in verifying bank audit letters.
2020-12-27 20:00 | |
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We are currently in the age of DeFi with blockchain technology driving innovation at a rapid pace. These new developments are limited to certain sectors and accessible by a portion of the population due to its exclusive nature.
2020-12-8 13:04 | |
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Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday. The post Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs appeared first on CryptoSlate.
2020-10-29 17:30 | |
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Австрийская банковская группа Raiffeisen Bank International (RBI) предусмотрит функцию интероперабельности блокчейнов в разрабатываемом проекте по токенизации национальных валют. Very exciting news for @PantosIO: We entered into a partnership with @RBI_Presse to bring PAN’s technology to the banking industry.
2020-10-22 16:34 | |
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A demo video shown by Ripple during its Swell 2020 conference seemingly confirms that the second-largest banking institution in the United States uses one of its products. In particular, a screenshot of the video was posted by one of the devoted members of the XRP community.
2020-10-16 17:05 | |
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Russia is looking to automate travel agency payments using blockchain technology. Using Smart Contracts to Automate Payments According to a report by local outlet Air Transport Review, Russia’s S7 Airlines has inked a partnership with the country’s largest bank, Sberbank, to fully automate travel agency payments through distributed ledger technology (DLT).
2020-8-29 21:00 | |
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Distributed ledger technology could assist the banking industry to improve customer verification efficiency HashCash... The post HashCash: blockchain to improve ID verification for banks appeared first on Coin Journal.
2020-8-13 15:38 | |
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Goldman Sachs (NYSE: GS), a Wall Street investment banking heavyweight has revealed plans to launch its own distributed ledger technology (DLT) based cryptocurrency just like Jamie Dimon’s JPMorgan, reports Forbes on August 9, 2020.
2020-8-10 15:07 | |
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Earlier in the year, Europe’s Central Bank (ECB) President Christine Lagarde insisted that Bitcoin would not be included in the reserve portfolios of central banks under the ECB’s umbrella; the statement was intended to draw a firm boundary around sovereign engagement with digital assets.
European Central Bank officials kept a clear target this week: launch the digital euro in 2029. That goal was described as realistic by senior ECB figures, even as the bank said it will carry on with preparation work beyond the formal end of its current phase in October 2025.
Bitcoin price fell to a low of $ 107,385 on Friday as stocks and crypto plummeted. BTC slipped alongside Wall Street after US President Donald Trump recommended a 50% tariff on European Union. Per Coinglass data, the total 24-hour liquidation spiked to more than $550 million.
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.
Stripe has reportedly added support for Bitcoin and crypto purchases for its EU clients. Users can now buy crypto using Stripe-issued credit or debit cards. Stripe’s customers in the European Union can now purchase Bitcoin and other cryptocurrencies with credit or debit cards, according to a report by the Irish Independent.
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.