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Australian bank used blockchain to ship 17,000 kilos of almonds to Germany
The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000 pounds) of almonds using a private blockchain built on the Ethereum network. дальше »
2018-7-30 14:54 | |
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Mike Novogratz bullish on Bitcoin [BTC] despite the $134 million loss caused
According to CNBC, the digital assets merchant bank Galaxy Digital founded by Mike Novogratz has seen a loss of $134 million with a plunge in the cryptocurrency prices, especially that of Bitcoin in Q1 of this year. дальше »
2018-7-28 04:16 | |
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Neluns is the next step in the financial ecosystems evolution
According to the latest official announcement from the Neluns team they plan to run an ICO in 3 phases: Pre-Sale, Pre-ICO and ICO. In the mission statement Neluns declares its ultimate goal to build the next generation financial ecosystem hinging on a bank and insurance company functionality. The bank side of the system will support […] дальше »
2018-7-27 16:12 | |
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The Bank Of Canada State That A CBDC Would Benefit Canada And The USA
The Bank of Canada, Canada’s central bank have hit headlines on a few occasions this month, after a sudden spike in interest within cryptocurrency and blockchain technology from the bank. According to Coindesk, The Bank of Canada have published a new paper that discusses how a Central Bank Digital Currency (CBDC) would be beneficial to both the economies of United States and Canada. дальше »
2018-7-27 15:30 | |
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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. дальше »
2018-7-27 11:00 | |
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Cyber Currency Bank Galaxy Digital Squandered $134 Million in First Three Months of 2018
Mike Novogratz’s crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26. дальше »
2018-7-27 08:17 | |
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Novgorod goes to the $ 52.5 million fundraising circuit for Galaxy Digital Crypto-Lending Form
Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the дальше »
2018-7-25 09:26 | |
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Bank of England Upgrades RTGS Payments System to be Blockchain Friendly
According to Reuters, the Bank of England recently updated its payment system which will now be compatible with blockchain-based and fintech applications. For a considerable period, the central bank has been implementing radical changes to its Real-Time Gross Settlement System (RTGS) to improve its efficiency and comply with the latest technological advancements. The RTGS forms […] дальше »
2018-7-25 02:43 | |
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India’s Unocoin & Unodax Exchange Stop Withdrawals Amidst RBI Crypto Ban
India Exchange Unocoin Ceases Withdrawals Unocoin, an India-based exchange, has suspended withdrawals after India’s central bank made several demands. The suspension affects fiat deposits and withdrawals. дальше »
2018-7-25 02:38 | |
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Bank of Canada’s Bitcoin Awareness Report Shows 58% of Owners Buy For Investment Reasons
Most Canadian Bitcoin Owners Use It For Investment Purposes Only A report by Bank of Canada (BoC) published on July 23rd shows that 58% of Canadians own Bitcoin for investment purposes. The top four reasons for Canadians owning Bitcoin, according to the study, were: purchasing it as an investment, friends owning Bitcoin, being interested in […] дальше »
2018-7-25 01:47 | |
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In wake of RBI Ban, Indian Crypto Exchange Unocoin suspends Fiat deposits & withdrawals.
Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23. дальше »
2018-7-24 20:15 | |
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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes
Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »
2018-7-24 09:14 | |
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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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G20: ‘Crypto-Assets Can Deliver Significant Benefits’
On July 21-22, the Finance Ministers and Central Bank Governors of G20 countries met in Buenos Aires. Despite failing to come to definitive conclusions, the leaders of the world’s top economies expressed their seemingly positive yet fairly contained opinion of cryptocurrencies. дальше »
2018-7-24 00:00 | |
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G20 Ice October Timeline for Cryptosafe Payment Grade
G20 member countries are now looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency, document shows. According to a statement issued on Sunday, finance ministers and central bank governors of the G20 member countries hosted a meeting during the weekend and reiterated their position on “vigilant” monitoring over cryptocurrency. дальше »
2018-7-23 11:24 | |
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Cryptocurrency Vs Central Banks: Bitcoin Versus Federal Reserve, BoE, BoJ & ECB
As it stands, there are four central banks that run the financial world, and those are the U.S. Federal Reserve, European Central Bank (ECB), Bank of Japan (BOJ) and the Bank of England (BOE). According to most experts, these institutions are definitely the most powerful, influencing the interest rates of over $41 trillion worth of […] дальше »
2018-7-23 10:01 | |
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Crypto Coin use halted by the Indian Central Bank in Supreme Court case
Japan Confirms Entrance Into the Crypto Space RBI’s Argument The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies. дальше »
2018-7-22 04:49 | |
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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. дальше »
2018-7-21 11:00 | |
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India’s Supreme Court to Issue Final Ruling on RBI Cryptocurrency Ban in September
The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will deliver its final judgment on the matter on September 11, 2018. дальше »
2018-7-21 01:00 | |
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Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned
According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. дальше »
2018-7-21 23:32 | |
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India : supreme court decision on central bank crypto dealings ban moved to september
The Supreme Court of India’s hearing on the central bank’s ban on crypto dealings, originally scheduled for July 20, has been moved to September, according to a July 19 Twitter post by a team of Indian lawyers involved in crypto regulatory analysis. дальше »
2018-7-21 22:50 | |
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U.S. Bank Wells Fargo Files Data Tokenization Patent
Institutional bank Wells Fargo applied for a token-based patent on July 17, 2018, detailing a tokenization system method that protects customer data. Bank Addresses Tokenization Benefits According to a filing published by the U. дальше »
2018-7-20 15:00 | |
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New Zealand has confidence in bank shareholders
SBS Bank in New Zealand seems to be considering using blockchain technology as a way to provide an improved user experience for their clients. While some financial institutions are vehemently denying their customers’ interest in cryptocurrencies, New Zealand’s SBS Bank is taking a more pro-active approach. дальше »
2018-7-20 11:42 | |
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New Zealand Bank Shares Belief in Blockchain
SBS Bank in New Zealand seems to be considering using blockchain technology as a way to provide an improved user experience for their clients. While some financial institutions are vehemently denying their customers’ interest in cryptocurrencies, New Zealand’s SBS Bank is taking a more pro-active approach. дальше »
2018-7-20 09:00 | |
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Southeastern Asia Moves Nearer to Blocking Bitcoin Generation
Vietnam has moved a step closer to halting cryptocurrency miner imports, a local new source reported on Thursday. According to Viet Nam News, State Bank of Vietnam (SBV), the country’s central bank, has now agreed to a proposed plan to halt imports of the specialized mining devices since the country has already banned the use of дальше »
2018-7-19 19:50 | |
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Fed Chairman Jerome Powell Warns Against Cryptocurrencies Yet Again
According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies. дальше »
2018-7-19 18:24 | |
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Stellar Becomes First Crypto Protocol to Obtain Sharia Certification
Stellar, an open-source platform for distributed payments, is reportedly the first distributed ledger protocol to obtain Sharia compliance certification in the money transfer and asset tokenization field, according to a Stellar blog post published July 17. дальше »
2018-7-18 08:03 | |
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Bank deal might lead to new crypto services
The deal for a 9.9 percent stake in WEG Bank AG resulted through a partnership with the crypto startup TokenPay, as previously reported. According to Lee, that best-case scenario would see WEG Bank attempt to launch crypto products and services – but that’s not a done deal by any means, the litecoin creator conceded. He дальше »
2018-7-18 02:27 | |
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Goldman Sachs’ New CEO David Solomon has Positive Cryptocurrency History
David Solomon who is largely expected to be the next CEO for Goldman Sachs is expected to maintain the bank’s strengths while exploring the new class of digital assets. Mr. Solomon will succeed Lloyd Blankfein as the next CEO of the investment bank. дальше »
2018-7-17 20:07 | |
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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry. дальше »
2018-7-17 15:00 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-17 22:53 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-16 09:33 | |
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Bank Must Resume Business With Crypto Exchange Orionx According to Chilean Court
Chilean Court of Appeals has ruled in favor of crypto exchange Orionx, resolving that the state-owned bank Banco Estado should reopen the company’s deposit account, local news outlet La Tercera reported July 12. дальше »
2018-7-15 19:08 | |
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Binance Set To Launch Regulated Bank in Cryptocurrency-Friendly Malta
Binance, the world’s largest cryptocurrency exchange by volume, is set to launch a regulated bank that will be owned by crypto investors. According to a statement released on July 12, 2018, the new bank will be named ‘Founders Bank’, and Binance has said that its stake in the venture is five percent. дальше »
2018-7-14 01:00 | |
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Bank of Finland Report Says Cryptos Are Not Currencies but Accounting Systems
Many of the world’s regulators are racking their brains on how to come up with relevant rules that could curb crypto’s dark uses without hampering the industry’s growth. However, the Bank of Finland released a report that has been described as a scathing attack on these digital currencies. дальше »
2018-7-13 16:04 | |
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The Bitcoin Rise Is Huge, Finds Bank Of Canada
The Bank of Canada (Banque Du Canada) have published a report off the back of a two-year study into Bitcoin in Canada. The report, named ‘Bitcoin Awareness and Usage in Canada: An Update’ by Christopher S. дальше »
2018-7-13 15:30 | |
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Malta to Welcome A Revolutionary “Founders Bank” Courtesy of Binance
Following the landmark regulation of Malta’s virtual currency space, Binance, the world’s second largest crypto exchange look set to lead a surge of investors into the region. According to a Bloomberg report, Binance is laying the groundwork for “Founders Bank,” a new bank where owners will be cryptocurrency investors. дальше »
2018-7-13 00:06 | |
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Country Of Iran Might Be First To Use Bitcoin As Currency Due To US Bank Account Blocks
Ever since the U. S withdrew from the 2015 Nuclear Agreement, an agreement in which Iran swore to reduce nuclear activities altogether, countries have been watchful of Iran’s actions. According to Reuter’s reporting, U. дальше »
2018-7-12 13:39 | |
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85% of Canadians Have Heard of Bitcoin, Claims the Bank of Canada
The number of Canadians who own bitcoin nearly doubled over the course of a year, according to the results of a newly-published survey by the Bank of Canada. Having conducted a similar survey back in 2016, the analysis found that there was increased interest in bitcoin’s price over the year. The results further show that дальше »
2018-7-12 07:40 | |
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Litecoin Foundation covers 9.9% of Bank in Payments Partnership
Litecoin Foundation, the non-profit that supports the popular cryptocurrency, has acquired a near 10 percent stake in a German bank. The deal comes as the result of an agreement with TokenPay, a crypto-to-fiat payments firm, according to an announcement on Tuesday. дальше »
2018-7-11 16:43 | |
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Are Cryptocurrencies Coming Back To India Already?
The saga surrounding the Reserve Bank of India’s (RBI) cryptocurrency ban continues to take the crypto-sphere by storm. One minute the ban seems well embedded and the whole industry is grinding to a halt and the next, India are set to reverse all mention of the RBI’s decision. дальше »
2018-7-11 16:00 | |
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Bitcoin’s Price at a $1,000 Premium in India After Bank Ban, Ethereum at a $60 Premium
Bitcoin, ethereum and other cryptos have become more popular in India following a bank ban of crypto exchanges according to the current crypto prices in the world’s second most populous. . . дальше »
2018-7-11 13:29 | |
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China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%
The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume. дальше »
2018-7-10 16:00 | |
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Benson Oak is providing $100M to set up a dedicated investment fund for blockchain ventures
Benson Oak, a Prague-based investment bank, has announced it is raising $100 million to launch an investment fund dedicated to the Israeli market with a focus on blockchain startups. According to a report from Israeli media outlet Calcalistech on Sunday, the new investment arm, called Benson Oak Ventures, has already secured $25 million and aims дальше »
2018-7-10 11:51 | |
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Bitcoin trading in the Chinese currency
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90 дальше »
2018-7-9 20:13 | |
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China’s Central Bank Hails Crypto Ban a Huge Success
The Central Bank of China is calling the country’s crypto ban a huge success as recent data shows that the Chinese Yuan is currently being used in less than 1% of crypto-trades. Chinese Crypto Ban Huge Success The Chinese crypto market once dominated the space, accounting for 90% of all global trades according to a. дальше »
2018-7-9 14:00 | |
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