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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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VerifyUnion Blockchain ID Platform and New Zealand ASB Bank to Organize Export Trade Deals
VerifyUnion and ASB Bank have developed a new digitized and automated trade process and platform that helps exporters conduct businesses on the blockchain. Data integrity and fraud risk are among the main benefits of this platform. дальше »
2018-11-5 07:01 | |
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South Korea’s FSC Chairman Confirms Bank Support for Crypto Businesses With AML and KYC Protocols
Chairman With South Korea’s FSC Confirms Support From Banks For Crypto, As Long As They Adhere To AML And KYC Protocols A new report from Token Post on October 30th shows that the new and existing cryptocurrencies in South Korea should have no worries about interacting with banks in the area. This confirmation was made […] дальше »
2018-11-1 00:55 | |
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Ripple Adds Czech Republic’s Amore Finance Bank To RippleNet As XRP Coin Price Steadies
Amore Finance is as startup that provides banking solutions for businesses and individuals. The platform is located in the Czech Republic and it has recently made a big move by partnering with Ripple to join its growing network of banks known as RippleNet. дальше »
2018-10-30 09:54 | |
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Czech Bank Launches Cryptocurrency-Friendly Services
A commercial bank in the Czech Republic is now offering online services that combine traditional financial features with those for cryptocurrency users. Expobank CZ says its customers will be able to trade cryptocurrencies, invest in startups, and buy precious metals through their accounts. дальше »
2018-10-27 12:15 | |
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Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’
The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the stance of “businesses” towards technologies such as Blockchain and ICOs. дальше »
2018-10-18 15:00 | |
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China: Central Bank May Launch State-issued Cryptocurrency, Seeking Cryptography Talent
Despite a blanket ban on cryptocurrencies and related businesses, China’s central bank is employing cryptographers and blockchain engineers to launch a state-issued digital currency presumably, reported South China Morning Post on Oct. дальше »
2018-10-15 05:00 | |
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World Bank President Convinced of Blockchain’s “Huge Potential”
The world is realizing the potential of blockchain technology. While some loathe its first and most well-known application, cryptocurrencies, the consensus around distributed ledger technology is clear — it could be a great asset to many businesses. дальше »
2018-10-13 20:19 | |
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Singapore’s financial regulator wants its banks and blockchains to be friends
Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg. дальше »
2018-10-11 13:52 | |
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Neglected BCH Companies Have Been Offered New Solution
Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency. дальше »
2018-10-11 13:30 | |
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Monetary Authority of Singapore (MAS) to Empower Crypto Businesses with Bank Account Services
Singapore To Empower Crypto Startups With Banking Services Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced that it is working out modalities to empower crypto startups in the city to enable them render banking services or partner with banks. дальше »
2018-10-10 19:55 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank
A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate. дальше »
2018-9-28 00:30 | |
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PNC Bank Embraces Blockchain and Joins RippleNet
PNC Bank, a top ten bank in the United States, has joined RippleNet. PNC customers will be able to receive real-time cross-border payments. With more than 8 million customers and retail branches in 19 states, PNC has a diverse set of customers, including consumers, small businesses and large corporates. дальше »
2018-9-20 17:00 | |
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North Queensland is Becoming a Hub of BCH Accepting Businesses
The northern part of the Australian state, Queensland, is bustling with cryptocurrency energy. The region is extremely passionate towards one specific decentralized peer-to-peer electronic currency — bitcoin cash (BCH). дальше »
2018-9-17 18:55 | |
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Blockchain for Banking Applications: How Will DLT Disrupt Bank Systems?
Applications of Blockchain in Banking Throughout history, elements of transactions such as gold and silver have emerged to facilitate the exchange of value and protect buyers and sellers in making a successful transaction. дальше »
2018-9-10 08:25 | |
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Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod
No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-29 14:20 | |
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Google rebrands its Tez payments app to Google Pay in India, adds instant loans
Last September, Google launched Tez, an app for instant money transfers in India. At its annual event in the capital of New Delhi, the company announced it’s rebranding the app to Google Pay. That means it’s unifying its global payments services with what it’s built for India. дальше »
2018-8-28 11:15 | |
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Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts
In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. дальше »
2018-8-18 23:22 | |
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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers
Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U. дальше »
2018-8-15 00:54 | |
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Big banks want to issue new blockchain bond on Ethereum, but there’s a catch
Even the goddamn World Bank isn’t immune to blockchain hype: it has mandated that the first ever bond be issued via blockchain. The Commonwealth Bank of Australia (CBA) will be issuing what’s being called “the Kangaroo bond. дальше »
2018-8-10 13:30 | |
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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. дальше »
2018-8-7 23:23 | |
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Thailand: Central Bank Allows Institutions to Open Crypto-Specific Subsidiaries
Continuing its decisive development spree for the optimal growth of the cryptocurrency sector, the Bank of Thailand (BoT) passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries for dealing with related businesses. дальше »
2018-8-7 02:00 | |
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Agricultural Bank of China Offer Loans to Blockchain-based Businesses
One of the big “four,” the Agricultural Bank of China (ABC) has issued a loan, in a piece of Agricultural land to blockchain outlets, in a bid to encourage blockchain platforms to establish their network, at the most populous country in the world. дальше »
2018-8-1 01:34 | |
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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. дальше »
2018-7-31 23:13 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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The payment system should be in harmony with the British banking and trading backdrop
The Bank of England is planning to modernize its Real-Time Gross Settlement system (RTGS) by 2020. The Bank of England (BoE), the UK’s central bank, is exploring the opportunities standing behind blockchain technology and digital currencies. дальше »
2018-7-24 13:28 | |
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The UK central bank’s new rates will run the system Blackhawe
The Bank of England’s updated payments system will be compatible with blockchain-based financial technology forms, Reuters reported Monday. This would enable these businesses to use the system directly, rather than through a proxy of a large bank. дальше »
2018-7-24 08:16 | |
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Binance Backs Maltese Banking Services Provider Founders Bank
Binance, one of the world’s largest cryptocurrency exchanges, has invested in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses, the company announced on Thursday. дальше »
2018-7-13 20:19 | |
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CORRECTED- Binance Backs Maltese Banking Services Provider Founders Bank
Binance, one of the world’s largest cryptocurrency exchanges, has invested in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses, the company announced on Thursday. дальше »
2018-7-18 20:19 | |
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Thirty-eight Percent of South Africans Wish They’d Invested in Cryptocurrency
38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming. Overall дальше »
2018-7-13 04:42 | |
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‘I Wish I’d Invested In Cryptocurrency,’ Say 38 Percent Of South Africans
38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming. дальше »
2018-7-13 01:00 | |
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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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PBoC: Bitcoin Trading in Chinese Currency Drops Below 1% of World Total
Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. дальше »
2018-7-9 22:15 | |
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South Asian Banking Ban dealine around the corner, causing Zebpay exchange to stop.
One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday, дальше »
2018-7-5 21:00 | |
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Bermuda to build a new class to serve Bermuda and Blackhunshi companies
The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2. дальше »
2018-7-3 09:00 | |
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Zenon Quavier opened the payment cap of Crypto Investment Bank
Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, while the parliament in Valletta has approved three bills designed to increase the attractiveness of Malta for businesses дальше »
2018-6-30 18:32 | |
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Poland Bitcoin Community Files Complaint Against Bank Account ‘Denials’
Poland’s cryptocurrency industry lobby group the Polish Bitcoin Association (PBA) confirmed it has complained to regulators about banks’ denial of services to businesses June 27. Banks ‘Aim To Remove Virtual Currency’ In a statement sent to the Office of Competition and Consumer Protection (OCCP), the PBA cites financial institutions closing and denying bank accounts as proof they “clearly aim at removing virtual currency entities from the market. дальше »
2018-6-30 07:00 | |
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Poland: Crypto Industry Group Blasts Banks for Refusing Accounts to Crypto Businesses
Poland: new complaint claims banks have been unlawfully closing or refusing bank accounts of crypto businesses
дальше »2018-6-29 22:32 | |
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