Новости о Banking System [ Фото новости ] [ Свежие новости ] | |
Banking Expert Tells Congress: Government Reform Can Kill Bitcoin
Cryptocurrencies only exist because of failures in the traditional financial system, according to a leading banking scholar. In a hearing before the Senate Banking Committee, Mehrsa Baradaran said that financial reforms could cause cryptocurrencies to fade into obscurity, effectively killing Bitcoin (BTC). дальше »
2019-7-30 17:47 | |
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. дальше »
2019-7-29 18:20 | |
Robinhood App Encroaches on Banking Turf with High-Yield Money Tool
Libra isn't the only payment system that stands to threaten the banks. Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management feature. дальше »
2019-7-22 02:30 | |
Deutsche Bank Collapse Could Crash Global Financial Markets
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. дальше »
2019-7-21 20:00 | |
Bitcoin Suisse Joins Crypto Companies Looking To Become Swiss Banks
Bitcoin Suisse, the Switzerland-based cryptocurrency broker, has taken the first steps to becoming a bonafide bank, the company has revealed. Bitcoin Suisse Applies For Banking, Securities License In a press release issued on July 16, Bitcoin Suisse, which already offers various crypto-focused financial services, also committed to using the Swiss regulatory system for its future expansion. дальше »
2019-7-19 19:00 | |
Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman
Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […] дальше »
2019-7-12 16:01 | |
What Is Zerobank? Introduction to ZB Token
What Is Zerobank? Zerobank is a multipurpose cryptocurrency platform designed for financial applications, like storing, spending, and trading coins and tokens. The Vietnam-based project is created by Zero Exchange, LTD, which also has offices in the U. дальше »
2019-7-7 21:08 | |
AIGO Protocol ICO
At present, there are many obstacles that prevent the purchase of goods with cryptocurrency if the holder does not convert to fiat currency. Adopting many crypto payment networks such as AIGO-Payment can result in cryptocurrency holders being able to transact directly with traders without having to go through additional banking layers. дальше »
2019-7-6 10:33 | |
Bitcoin Is Nightmare For Banks Laundering $2 Trillion Every Year
One of the big attractions to Bitcoin is its ability to bypass the banking system. The likes of doom monger, Nouriel Roubini, still bash BTC in favor of a largely unprincipled banking system where the top get richer at the expense of the bottom. дальше »
2019-7-4 13:00 | |
Bitcoin is an enterprise; its users are comparable to traditional shareholders, claims Goldmoney Founder
Bitcoin was conceived in the backdrop of banks bailouts and the 2008 financial crisis. The recession and the loss of faith in banking, financial institutions gave Bitcoin a platform to rescue the ones affected, giving them hope for a better financial system without the hassle of corrupt institutions. дальше »
2019-6-27 13:30 | |
eToro’s developers appear positive after test driving Facebook’s Libra blockchain
Facebook overwhelmed the crypto community with its Libra project and left the financial institutions to cope with the meteor that might replace the traditional banking system. With its whitepaper, Libra established itself as a global currency and a financial infrastructure that would empower its users. дальше »
2019-6-21 16:15 | |
CEO of Bank of America: “We Want a Cashless Society”
The banking industry accepts the fact that cryptocurrencies and other cashless payments solutions are the future. Now, the powerful traditional Bank of America has joined the unstoppable trend to build a cashless society. дальше »
2019-6-21 22:00 | |
Emerging Economies Are Our Target Market: Nano Founder Colin LeMahieu
While challengers face an established financial system controlled by a tight-knit cabal of tech and banking interests in the developed world, emerging economies may prove to be the fertile ground that truly fosters cryptocurrency growth. дальше »
2019-6-19 19:17 | |
Crypto To Bank Itself, As Legacy Banking System Chokes The Industry
One of the biggest goals for cryptocurrency is to bank the unbanked. By some estimates, one-third of the world’s population has no access to the financial system. For them, legacy banking has been an abject failure. дальше »
2019-6-12 23:06 | |
Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator
By CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long. The social media company is gearing up to announce its much-hyped cryptocurrency this month, but very little is still known about the project, known internally as Project Libra. дальше »
2019-6-10 11:13 | |
Blockchain Impact Investing Could Be the Key to Africa’s Financial Inclusion
The potential of blockchain and other types of distributed ledgers have been touted as the biggest financial innovation in recent years. Immutability, transparency, and efficiency are key factors for creating an inclusive financial system. дальше »
2019-6-8 09:30 | |
German Central Bank Presidents Warns of Digital Currency Blaze
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More. дальше »
2019-5-30 21:00 | |
Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!
To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance. дальше »
2019-5-21 21:10 | |
Bitcoin as a Haven Asset: Investors De-Risking Portfolios Following Dovish Monetary Policies
James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U. дальше »
2019-5-16 05:00 | |
Neutro ICO
The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles. Neutro users can create a decentralized version of almost any real-world market that exists now only in a centralized system that we all use currently. дальше »
2019-5-15 14:13 | |
Why We Should Never Hope For A Central Bank Of Bitcoin
Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve. Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com. дальше »
2019-5-15 10:00 | |
In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
Ripple’s Competitor DRIVE Partners With Bitcoin SV (BSV) to Use Crypto As A Bridge Currency
It seems that Ripple has a new adversary since last month when DRIVE Markets was first created. The new company is set to offer services such as crypto exchanges and a payment system. Initially, the company offered forex services for the investors but now, clients can either use DRIVE Pay or DRIVE Banking, which are […] дальше »
2019-5-10 01:42 | |
Indian Crypto Companies Are Now Helping Thailand’s Banks Instead
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. дальше »
2019-5-8 21:00 | |
U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. дальше »
2019-5-1 23:39 | |
Top 10 Cryptocurrencies with the Fastest Transaction Speeds
Transaction speed plays a very critical part in the banking system, and this is what would propel cryptocurrencies as the future of money. The modern banking systems are for sure far more ahead in terms of scalability and handling thousands of simultaneous transactions at any given time, thanks to the centralized database. However, when it […] дальше »
2019-4-29 23:18 | |
SBI CEO Yoshitaka Kitao claims Ripple’s work with XRP in the Middle East region is a success
Ripple and its partnerships have made headlines all across the cryptocurrency space as being the pioneer in changing the system of cross-border payments. One of the main tie-ups of the Brad Garlinghouse-led company was with Japanese banking conglomerate, SBI Holdings, which has evolved into several subsidiary partnerships. дальше »
2019-4-28 03:30 | |
Saudi British Bank Launches Ripple-Powered international Transfer Service
Ripple continues to grow as the blockchain technology most used in the international banking system. After revealing that more than 200 financial institutions had adopted its technology solutions, the company adds a fresh partner thanks to the. дальше »
2019-4-28 00:01 | |
Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. дальше »
2019-4-24 01:08 | |
JP Morgan Wants to Improve Efficiency in the Banking Payments System With Blockchain
JP Morgan Chase, a Wall Street financial giant with a mixed crypto history, has widened its use of blockchain technology intending to improve the flow of the payments system in the banking industry, states a report by The Financial Times on April 21. дальше »
2019-4-23 14:29 | |
XRP: XRP Tip Bot creator reveals plans to get European banking licence; nicknames it ‘legacy network’
A vast majority of cryptocurrency organizations have been trying to integrate digital assets with the existing financial system. Ripple has been a prime example of this process, with the Brad Garlinghouse-led company announcing multiple partnerships with mainstream banks and other fiat-enabled bodies. дальше »
2019-4-23 12:30 | |
JPMorgan Wants to Utilize Blockchain Technology to Revitalize Banking Payments System
According to a report published by PYMNTS on April 22, 2019, JPMorgan Chase is mulling utilizing blockchain technology to bolster the banking industry’s payment system. The multi-national company is also considering getting onboard a number of fintech companies to develop the desired platform. дальше »
2019-4-23 19:00 | |
IMF director: “crypto disruptors are shaking the system,” launches private cryptocurrency “Learning Coin”
International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects. дальше »
2019-4-16 15:00 | |
BSV Leader Craig Wright: Bitcoin Will Eventually Become A Regulated Banking System for the Economy
The cryptocurrency community is filled with people that image what the world would be like without the traditional banking system, replacing it with something new. However, Craig Wright has a different idea, even though he is a proponent of this crypto asset. дальше »
2019-4-16 01:19 | |
‘Bitcoin’ will be a regulated economy’s banking system, says Bitcoin SV’s Craig Wright
Many cryptocurrency proponents envision a world without the traditional banking system. Not Craig Wright though. nChain’s Chief Scientist is of the opinion that Bitcoin “doesn’t stop banking. дальше »
2019-4-15 18:00 | |
IMF's Lagarde Acknowledges That Crypto Is Disrupting Financial Industry
The International Monetary Fund's managing director says digital currency is "shaking the system" and must be strictly regulated and held accountable or the banking sector could become unstable. дальше »
2019-4-13 17:51 | |
IMF’s Christine Lagarde says “disruptors” like cryptocurrencies must be monitored to maintain system stability
Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, recently spoke about the involvement of big tech companies in the cryptocurrency space and how this will affect the banking system, in an interview with CNBC at the IMF Spring Meetings in Washington. дальше »
2019-4-11 18:00 | |
Khaleeji Commercial Bank (KHCB) in Bahrain, Token.io Partner to Develop an Open Banking System
As one of the crypto friendly countries in the world, Bahrain, is slowly gaining the attention of blockchain based fintechs across the world. The Khaleeji Commercial Bank (KHCB), one of the top banks in Bahrain, announced its partnership with Token. дальше »
2019-4-3 19:11 | |
In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »
2019-4-2 21:54 | |
DeFi: Seamless Payments with Totle
Decentralized finance (DeFi): The industry of financial services built on the blockchain for the purpose of removing consumers’ dependency on the banking system, enhancing financial security, and expanding consumers’ financial capabilities. дальше »
2019-3-28 18:00 | |
Dogecoin (DOGE) could replace credit card companies in the long run
The idea of cryptocurrency disrupting the world financial system is not far-fetched. In fact, as crypto goes mainstream, banking as we know it today may cease to exist. Cryptocurrencies could do to banks what the internet did to the mainstream media. дальше »
2019-3-27 14:54 | |