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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »

2018-6-29 18:17


Global Pay Net ICO

Global Pay Net is an international financial platform that is based on the Blockchain technology. The company has been developing a unified service that allows each of its users to invest their money at interest, take out a loan, exchange funds and cryptocurrencies, keep their savings at a profit, and pay for goods or services using their own GLPN wallet. дальше »

2018-6-28 17:51


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Could Israel Spearhead The Crypto Revolution?

There seems to be an international race on at the moment for the first country to become a serious player in the cryptocurrency revolution. Of course, Japan are leading that race by a mile, however, they don’t seem  to be so intent on winning it anyway? Either way, Israel do keep cropping up on the crypto-radar as a country that is investing time, effort and money into exploring the potential for cryptocurrency and blockchain technology in the country. дальше »

2018-6-28 17:00


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Akon Launches Akoin to Be ‘Savior of Africa’

US singer-songwriter Akon has become the latest celebrity to launch a cryptocurrency — as he proclaims his belief the underlying technology “could be the savior of Africa. ” Akoin ‘Will Be Center Of Transactional Life’ Originally reported by Page Six, Akon — who is originally from Senegal — revealed at this year’s Cannes Lions International Festival of Creativity that he wants to use Akoin as part of a giant 2000-acre development called Akon Crypto City. дальше »

2018-6-21 07:00


Ripper: Banks can not apply to Blockchain for future cross-border loans in the future

Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is still not дальше »

2018-6-14 09:20


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »

2018-6-13 20:24


First approval certification for money and cryptocurrency transactions in Laos

Vientiane Exchange Money will become the first international currency exchange provider that has been certified to allow cryptocurrency transactions. This is considered a momentous occasion and the importance of how new technology will play a role in peoples’ lives, offering new experiences and opportunities in future transactions. дальше »

2018-6-13 02:11


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Transaction Banking: Good Enough Is Not Enough

The words “innovation” and “disruption” have been almost synonymous with discussion of new technology in the payments industry over the last year. Yet, at recent banking events — including the annual BAFT Conference this month — the commentary about this progress has not been one of excitement or alarm, but rather that the existing technology powering international … Continued The post Transaction Banking: Good Enough Is Not Enough appeared first on Ripple. дальше »

2018-6-17 01:06