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South Korea’s Central Bank Set To Use Blockchain Technology For Bond Transactions
Bank of South Korea, the country’s central bank, has become the latest central bank to explore blockchain technology to enhance efficiency as well as transparency in interbanking processes. South Korea’s central bank is now seeking to emulate the World Bank which successfully introduced the use of blockchain technology in bond transactions. According to Cointelegraph the […] дальше »
2020-2-19 01:10 | |
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Indian Supreme Court Reserves its Order on Reserve Bank of India (RBI)’s Ban on Crypto
The Supreme Court of India on Tuesday reserved its order on the case against Reserve Bank of India's decision to bar banking services from dealing in any transactions associated with cryptocurrency. дальше »
2020-1-29 18:36 | |
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Bank of France Gov: Central Bankers Should Issue Digital Currencies, Not Private Companies
Villeroy de Galhau, Governor of the Bank of France, said on Saturday that virtual currency can be useful especially when cash transactions are decreasing in various nations, however, it should be the prerogative of central banks to issue it and not private firms, Reuters reports. дальше »
2020-1-26 19:48 | |
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Hong Kong, Thai Central Banks Plan To Issue Joint Digital Currency For Cross Border Payments
According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries. дальше »
2020-1-23 20:45 | |
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Ripple: Asia-Pacific Remittance Market Seeing Growing Demand And is Ripe for Digitalization
In its latest insight report, Ripple shares the growing demand the Asia-Pacific (APAC) region is seeing. “More remitters than ever are sending money home to their loved ones,” the San Francisco-based company points out adding APAC saw a growth of 12% in remittance flows in 2018, as per World Bank. About 2bln in remittance transactions […] дальше »
2020-1-18 22:00 | |
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The Growing Remittance Market in Asia-Pacific: 2020 Global Payment Opportunities
More remitters than ever are sending money home to their loved ones. In the Asia-Pacific (APAC) region alone, the World Bank reported a 12% growth in remittance flows in 2018—and roughly 2 billion remittance transactions take place in the region each year. дальше »
2020-1-17 22:01 | |
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Thailand’s Oldest Bank Launches Mobile Banking with Ripple
Siam Commerical Bank, a 112-year-old financial institution, announced a mobile banking interface that facilitates cross-border transactions at a lower cost. Asia is the world leader in mobile banking with China and Thailand boasting 86 percent and 67 percent mobile penetration respectively. дальше »
2020-1-10 14:00 | |
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A Better Alternative to Banking – Club Swan
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. дальше »
2019-12-18 13:30 | |
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ECB Builds a Proof of Concept using Corda to Explore Anonymity in CBDC
European Central Bank (ECB) is now exploring anonymity in central bank digital currencies that would safeguard the privacy of those users who conduct low-value transactions but ensure high-value transfers are subject to anti-money laundering (AML) checks. дальше »
2019-12-17 21:43 | |
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Argentina: Bitcoin-Based Settlements, OTC BTC Trading Trending
In Argentina, performing international bank transactions can be problematical and expensive, particularly international money transfers. To overcome these issues, Banco Masventas, a provincial bank, now offers Bitcoin-based money transfers. дальше »
2019-7-26 10:54 | |
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German Central Bank Tells Why Governments Should Take A Neutral Position On Facebook’s Crypto Project
The central bank of Germany, the Bundesbank, released a bulletin in which they say that Libra’s benefits should be allowed despite regulatory uncertainty. The bulletin was titled Crypto tokens in payment transactions and in securities settlement and it was published on July 22nd, according to Cointelegraph. дальше »
2019-7-23 18:54 | |
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Bank of America Patent Displays use of Ripple Ledger
A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More. дальше »
2019-7-21 11:51 | |
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Wells Fargo Won’t Allow Customers To Buy Bitcoin
Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its customers to purchase Bitcoin with their own funds. дальше »
2019-7-14 10:03 | |
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United States’ Provident Bank announces use of Bitfury’s analytics platform for ‘digital asset compliance’
Blockchain technology company, Bitfury, has announced its partnership with U. S-based Provident Bank, in an attempt to provide banking services to digital asset firms. In a recent blog post, the company revealed that the Provident Bank would use Bitfury’s Crystal blockchain analytics to monitor transactions, as well as power the recruiting procedures of a potential client. дальше »
2019-7-10 14:30 | |
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People’s Bank of China Processes Nearly $4.5 Billion in Transactions Through Blockchain
The People’s Bank of China has been taking new strides in the cryptocurrency sector, recently launching a blockchain trade financial solution from their institution. According to finance news outlet SINA on July 8th, the solution processed a total of $4. дальше »
2019-7-9 00:27 | |
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Moonday Mornings: Bitcoin hash rate pumps while Iran says trading is illegal
Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. дальше »
2019-7-8 12:27 | |
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BTG Pactual, Dalma Capital to deploy Tezos blockchain for security tokens
Banco BTG Pactual S. A. , Latin America’s largest standalone investment bank, and Dalma Capital, a prominent Dubai asset manager, have announced, plans to utilize the Tezos blockchain for Security Token Offerings (STOs), including the ongoing REITBZ STO. дальше »
2019-7-5 23:14 | |
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Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide
The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country’s biggest bank— to open desks for transactions in Petros in each of its near 790 agencies across the country. дальше »
2019-7-5 16:29 | |
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JPM Coin has far-reaching ambitions; big bank aims to use digital asset for bond transactions
Remember JP Morgan? The billion-dollar investment bank that made a remarkable U-turn, from engaging in Bitcoin bashing to introducing its own digital asset in early 2019? Well, the bank has once again stoked the cryptocurrency realm, or at least, institutions that are interested in virtual currencies. дальше »
2019-6-25 16:30 | |
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France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes
France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. дальше »
2019-6-21 18:28 | |
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Banks and Big Businesses Scramble for Their Own Digital Cash
Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank. дальше »
2019-6-12 13:00 | |
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Bringing Banking to the Unbanked and Small Companies
Being an entrepreneur in a country rife with inflation and corruption and crippled by economic sanctions can be a stressful business. If the national bank decides to go under and shut down its payment processes, it is likely that your business is going with it. дальше »
2019-6-7 15:17 | |
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Is HSBC Bank Blocking All Users’ Bitcoin Purchases and Cryptocurrency-Related Transactions?
HSBC could be blocking crypto-related purchases Several financial institutions have taken similar measures in the past The British multinational banking company, the Hong Kong and Shanghai Banking Corporation (HSBC), seems to have been halting crypto-related transactions. дальше »
2019-6-3 10:21 | |
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HSBC: Seventh largest bank in the world rumoured to be blocking cryptocurrency transactions?
Banks and the cryptocurrency world have been at odds ever since the latter emerged a decade ago. From initially shrugging decentralized currency off as a mere distraction, now the disruptive force has irked the banking industry with the seventh largest bank in the world, HSBC rumored to be halting cryptocurrency transactions. дальше »
2019-6-1 11:00 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Ripple Prices Ranging, Will Siam Commercial Bank Leverage XRP?
XRP up 3. 2 percent. Thailand’s oldest bank, Siam Commercial Bank (SCB), to pioneer Ripple’s Multi-hop. Siam Commercial Bank (SCB) will pioneer Ripple’s Multi-hop feature, although the public will wait for further announcement on whether the bank will utilize XRP in their future transactions. дальше »
2019-5-25 21:00 | |
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Thailand’s oldest bank hints at new blockchain app powered by Ripple
Thailand‘s oldest bank, Siam Commerical Bank (SCM), has hinted it will be experimenting with blockchain technology powered by Ripple. Earlier this week, rumors of its blockchain pilot surfaced online after eagle-eyed users took to Twitter to share images of what appears to be a Ripple-based app for cross-border transactions. дальше »
2019-5-23 16:43 | |
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Bitcoin [BTC] ownership, trading should be legal in China, says Bank of China Council member
Bitcoin [BTC] received a major boost after Sa Xiao, Council Member at the Bank of China’s Law Research Association, said that it should be legal for people in China to own Bitcoin [BTC], despite the government’s ban on crypto transactions and assets. дальше »
2019-5-22 17:30 | |
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Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
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Crypto Trading Firms Will Get Access to FDIC-Insured Deposit Accounts Per SFOX, M.Y. Safra Bank
SFOX has been making efforts to reduce the risks that investors have with their crypto transactions, using its prime dealer platform that has been around for five years. However, in a push to improve that safety, SFOX recently established a partnership between themselves and M. дальше »
2019-5-15 00:20 | |
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Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency
Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade cryptocurrencies, futures, and place sports bets, the Canberra Times reports. дальше »
2019-5-14 12:36 | |
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Royal Bank of Scotland, Barclays Integrate Blockchain to Improve the Real Estate Transaction Process
It was recently revealed that Barclays together with the Royal Bank of Scotland (RBS) were attempting to speed up transactions in the real estate sector. Together with R3, a software company they selected a blockchain project and successfully put it to test. дальше »
2019-5-12 22:13 | |
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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 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies
By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. дальше »
2019-5-2 14:33 | |
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Bank of America Secures a Patent for a Cryptocurrency Risk Detection System for Blockchain Payments
Bank of America Wary of Crypto Transactions, Believes “It May be Desirable to Calculate Risk” On Tuesday, April 30, 2019, the Bank of America filed for a patent that would allow the financial institution to detect potential risks of conducting a crypto transaction reports AMBCrypto. дальше »
2019-5-2 00:06 | |
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Indictments Issued for Two Individuals for Running “Shadow Banking” Operation
U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S. дальше »
2019-5-2 23:54 | |
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Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment
Bank of America [BoA], the second largest bank in the United States based on assets held, signaled their concern for the cryptocurrency community. The North Carolina-headquartered bank secured a patent for a cryptocurrency risk detection system. дальше »
2019-5-1 20:30 | |
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India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions
One of India’s leading private banks, the Housing Development Financial Corporation (HDFC), is reportedly sending users whose banking transactions… The post India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions appeared first on Invest In Blockchain. дальше »
2019-4-29 12:12 | |
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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 | |
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FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations. дальше »
2019-4-20 23:38 | |
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Domi ICO
Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide. дальше »
2019-4-15 06:03 | |
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