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Reserve Bank of India (RBI) Fights Against Crypto, Forces Customers to Reject Digital Assets
The Reserve Bank of India, one of the biggest in India according to report, is forcing customers to reject accepting cryptocurrency or doing any crypto related transactions. New customers are instructed during account opening to sign documents which state they would not deal with any crypto related transactions. дальше »
2019-1-11 14:28 | |
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Ripple has no Match in Cross-Border Payments – Santander Bank
Ripple is becoming invincible as far as cross-border payment is concerned. Banco Santander, a Spanish bank based in Santander, Spain, has re-affirmed that no cross-border payment services provider can match up to the quality of service Ripple provides. дальше »
2019-1-10 09:00 | |
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Swedish Reserve Bank Riksbank Warns Users of Crypto Scammers Selling Fake ‘e-Krona’
While Sweden has gained a reputation as a remarkably progressive country with regards to embracing technology, there are some things that don't change – scams. According to the country's reserve bank, a warning has been sent out to the public to be vigilant around companies and/or individuals that are reportedly selling the electronic version of […] дальше »
2019-1-10 04:33 | |
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70% of Central Banks “Are Either Currently Working or Will Soon be Engaged in Work on CBDC.” BIS Report Says
According to a report recently published by the Bank of International Settlements (BIS), central banks in most of its affiliate countries would be highly interested in having a better understanding of blockchain technologies and the possible implications of their adoption. дальше »
2019-1-9 18:50 | |
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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. дальше »
2019-1-9 06:10 | |
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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 […] дальше »
2019-1-8 21:14 | |
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ECB Policy Maker: Crypto Bubble Has Collapsed, Bitcoin Will Die as a Complete Load of Nonsense
According to an article by Bloomberg, published on January 7, 2019, European Central Bank (ECB) policymaker Ardo Hansson opines that cryptocurrencies are destined to die as a “complete load of nonsense. дальше »
2019-1-8 18:00 | |
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Japan’s Mizuho Bank To Launch its Own Stablecoin By March, 2019
One of Japan’s ‘Megabank’, Mizuho Bank, has plans of launching its own cryptocurrency by March of this year. The digital asset will be pegged to the Japanese Yen thus joining the stablecoin category of cryptocurrencies. дальше »
2019-1-5 12:46 | |
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Number of Chinese Crypto Lawsuits Doubles in 2018
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. дальше »
2019-1-5 23:55 | |
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RBI Stalls Creation of Indian Cryptocurrency
According to multiple news reports doing the rounds in India, the Indian Central Bank; the Reserve Bank of India, has stalled its plans of releasing its own cryptocurrency. The most recent report claiming the same was on Business Line on 1st of January. дальше »
2019-1-3 12:22 | |
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People’s Bank of China (PBoC) Expresses Cash Concerns Citing Cryptocurrency’s Growing Presence
Local authorities in China are worried about the exponential growth that digital payments are experiencing in the country. In a recent report released by the FT, the People’s Bank of China (PBoC) is very concerned about the declining relevance of cash for processing payments in the Asian country. According to this report, there are several […] дальше »
2019-1-3 09:26 | |
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India: RBI Stalls its Plans to Launch Central Bank Digital Currency
According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest decision by the country’s financial watchdog is no exception. дальше »
2019-1-3 08:00 | |
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Reports Say Reserve Bank of India (RBI) is Postponing Plans for a National Cryptocurrency
According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […] дальше »
2019-1-2 17:44 | |
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India in No Hurry to Regulate Cryptos, Blames Global Regulatory Uncertainty
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. дальше »
2019-1-1 16:35 | |
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Bank of America Files Patent to Develop Blockchain-Based ATMs for Faster Transactions
The Bank of America (BOA) on December 26, 2018, filed a patent that allows them to develop blockchain based devices to handle cash. These are cash handling devices whose aim is to bring about efficient, faster, and traceable transactions, according to a Finance Magnates report. дальше »
2018-12-28 15:00 | |
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Japan’s Second Largest Bank to Launch its Own Cryptocurrency in March 2019
According to a report published by Finance Magnets, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can be used to make and receive payments through a mobile. дальше »
2018-12-28 06:00 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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New UK and England Bank Poll Hints at XRP and Crypto Assets being Optimal to Receive Payments
According to a new poll made by the Bank of England on Twitter, 69% of the respondents said that their favourite way to receive money as a gift at Christmas is using digital currencies. The poll received more than 7,400 votes as of December 20. дальше »
2018-12-20 19:32 | |
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Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals
Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-12-19 15:59 | |
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Institutional Investors No Longer Interested in Bitcoin: JP Morgan
Institutional investors are quickly losing interest in Bitcoin, JP Morgan has stated in recent research. According to the bank, key flow metrics have dwindled in recent months indicating reduced interest from the professional investors. дальше »
2018-12-18 20:41 | |
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Tether is Apparently Fully Dollar Backed Afterall
Tether has the funds to convert all USDT into USD according to bank statements seen by Bloomberg which claims the veracity of these USD funds has been confirmed by an unnamed... The post Tether is Apparently Fully Dollar Backed Afterall appeared first on Trustnodes. дальше »
2018-12-18 18:20 | |
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Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals
Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves. дальше »
2018-12-18 16:00 | |
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Digital Currency Platform Revolut Receives European Banking License
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. дальше »
2018-12-14 23:35 | |
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Dutch Central Bank Keen to Regulate Crypto Companies to Deter Money Laundering
De Nederlandsche, the Dutch central bank, is keen to regulate cryptocurrency companies to deter money laundering and terrorist financing. According to December 11, 2018, reports from Dutch Daily newspaper, De Telegraaf, cryptocurrency companies may require a license to continue operating in the near future. дальше »
2018-12-13 07:00 | |
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South Africa: Crypto Exchange Platform VALR Launched in Partnership with Bittrex
Farzam Ehsani, former blockchain lead at Rand Merchant Bank (RMB), has launched his new business initiative named VALR, reports Tech Central, on December 6, 2018. Based in South Africa, VALR is a digital asset trading platform which has been launched in partnership with crypto exchange trading platform Bittrex. дальше »
2018-12-8 14:00 | |
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Avaloq Spearheads Cryptocurrency Asset Solution Initiative
A leading fintech company, a cryptocurrency asset firm and a Switzerland bank have come together to implement a crypto asset solution for banks and wealth managers. Cryptocurrency Asset Solution for Banks and Wealth Managers According to a press release by fintech company, Avaloq, a Swiss bank, Gazprombank Ltd, cryptocurrency company, METACO, and Avaloq, recently came […] The post Avaloq Spearheads Cryptocurrency Asset Solution Initiative appeared first on Ethereum World News. дальше »
2018-12-7 19:53 | |
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Islamic Financial Institution to Launch Interbank Blockchain Tools
An agreement has been signed between iFinTech Solutions, a Tunis-based fintech firm, and the Islamic Corporation for the Development of Private Sector (ICD), the private sector arm of Islamic Development Bank Group (IsDB), according to its press release. дальше »
2018-12-7 16:26 | |
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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions
Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. дальше »
2018-12-7 20:30 | |
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Chilean Supreme Court Orders OrionX Exchange to Halt Ongoing Crypto Operations
Chilean Court Orders OrionX To Halt Ongoing Crypto Operations According to Chilean news outlet, Emol, the nation’s Supreme Court has ordered crypto exchange OrionX to close all of its active local bank accounts. дальше »
2018-12-6 20:05 | |
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26 French Firms Test R3 Consortium’s PoC Blockchain Solution for KYC
Twenty-six France-based companies including RCI Bank, Allianz France, Alten, BNP Paribas, and others, have tested R3‘s proof-of-concept blockchain solution with support from the French Association of Corporate Treasurers (AFTE). дальше »
2018-12-5 12:00 | |
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Singapore, UK And Canada’s Joint Report Reveals Central Bank Digital Currency (CBDC) Payment Benefits
According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […] дальше »
2018-12-4 11:48 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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‘I Come to Bury Bitcoin.’: UBS Executive Says Cryptos Will Never Be Currency
Bitcoin has failed in its attempt to be a currency and stands no chance of succeeding in this role in the future. It’s fatally flawed. This is according to Paul Donovan, the chief global economist at the Swiss investment bank, UBS. дальше »
2018-12-1 23:43 | |
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Crypto Merchant Bank Galaxy Digital lost $136 million between January and October 2018
Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. дальше »
2018-12-1 22:00 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
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Crypto Custody Essential For Goldman Sachs to Enter Markets
Holding onto and storing digital assets for clients has become one of the key criteria in offering crypto services, at least according to Goldman Sachs. The Wall Street banking giant said that it is not any closer to offering cryptocurrency products amid this year’s bear market according to Bloomberg. дальше »
2018-11-28 16:00 | |
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Abu Dhabi’s Al Hilal Bank Completes “World’s First Sukuk Transaction” with Blockchain
In a report on November 26th, Reuters reported on a revolutionary move for the blockchain industry. According to their information, the Al Hilal Bank in Abu Dhabi has successfully completed the “world’s first sukuk transaction” with the help of blockchain technology. дальше »
2018-11-27 18:18 | |
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An American woman has been funding ISIS with Bitcoin
A Pakistani-American woman has confessed to using Bitcoin to launder dirty money to help finance terrorist organization ISIS, CNBC reports. Zoobia Shahnaz, a 27-year-old Long Island, New York resident, made the confession yesterday in front of New York state federal courts. дальше »
2018-11-27 13:12 | |
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Al Hilal Islamic Bank Completes Sukuk Transaction with Blockchain Technology
Al Hilal Bank, a progressive Islamic Bank headquartered in Abu Dhabi has announced the successful completion of an Islamic Sukuk transaction via distributed ledger technology, making it the first Islamic bank to achieve such a feat, according to a local news source, Abu Dhabi City Guide on November 26, 2018. дальше »
2018-11-27 12:00 | |
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This site checks if your Cyber Monday Amazon purchase is a good deal
Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and connected services. If your bank account isn’t completely decimated after Black Friday, you’ll be glad to know it’s Cyber Monday! But before you drop your credit card details down and splurge on some new toys, you should know something: most of those deals are anything but. дальше »
2018-11-26 12:58 | |
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California-Based Silvergate Bank Files for IPO to Boost Cryptocurrency Services
Silvergate Bank, based out of La Jolla, CA, is preparing to go public with a price target of $50 million, according to the documents filed and submitted to the securities regulators. It would be listed in the New York Stock Exchange (NYSE) under the ticker “SI”. дальше »
2018-11-23 02:00 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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North Dakota Sanctions Fraudulent Russian Cryptocurrency Company
The state of North Dakota recently ordered the shutdown of a fake cryptocurrency website which carried out unregistered and fake securities in the state. Cryptocurrency Website Imitating Union Bank AG According to an official press release by North Dakota, Securities Commissioner, Karen Tyler, issued a cease and desist order against a fake virtual currency company, […] The post North Dakota Sanctions Fraudulent Russian Cryptocurrency Company appeared first on Ethereum World News. дальше »
2018-11-21 10:49 | |
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Nouriel Roubini: Central Bank Digital Currencies Will Destroy Cryptocurrencies and Blockchain Technology
According to an op-ed published November 19, 2018, by world-renowned economist Nouriel Roubini aka “Dr. Doom,” central bank digital currencies (CBDCs) could potentially replace cryptocurrencies in the near future. дальше »
2018-11-21 02:00 | |
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Cash Outperforms Stocks and Bonds for the First Time in Nearly Three Decades
The best investment of 2018 has been cash according to analysts at Bank of America Merrill Lynch which say in a report that cash has outperformed stocks and bonds for the... The post Cash Outperforms Stocks and Bonds for the First Time in Nearly Three Decades appeared first on Trustnodes. дальше »
2018-11-21 17:51 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Swell 2018: Siam Commercial Bank Seeks a Payments Vendor, Finds a Business Partner in Ripple
How does a 111-year old bank go about reinventing itself? According to Siam Commercial Bank SEVP, Chief Technology Officer & Head of Operations Colin Dinn, it’s about finding the right partner to help aggressively solve problems with an eye towards the future. дальше »
2018-11-16 23:33 | |
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IMF Chairwomen: ‘We Should Consider Issuing Central Bank Digital Currencies’
Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore. дальше »
2018-11-14 22:30 | |
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