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Bitcoin Trading Flourishes on Whatsapp Following African Exchange Closures
Governments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. дальше »
2018-10-6 22:05 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years
Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. дальше »
2018-9-29 10:00 | |
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Cryptocurrencies Challenge The Visa And Mastercard Duopoly
It’s a rare thing indeed when two multinational heavyweights come out the worse in a court case. Even rarer when the settlement costs them collectively over $6bn. The business press reported earlier this week that Visa and Mastercard, along with a sprinkling of banks, would pay a class of more than 12 million merchants a […] The post Cryptocurrencies Challenge The Visa And Mastercard Duopoly appeared first on Crypto Briefing. дальше »
2018-9-21 20:50 | |
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ICON (ICX) Partners With SK Holdings To Offer Blockchain Services To Banks, Insurers, and Brokers
ICON (ICX) and SK Holdings C&C have announced a strategic collaboration centered on improving dealings in banks, insurance companies among other financial companies. In an announced MoU Signed by ICONLOOP and SK Holdings C&C, the two firms will be cooperating to co-develop blockchain business models in financial industries. дальше »
2018-9-21 14:47 | |
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Ripple and R3 Reach Settlement in Year-Long Court Case
A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest. дальше »
2018-9-12 21:26 | |
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Aidos Kuneen Blockchain Project Launch Crypto-Friendly Banking Network
AidosKuneen is giving crypto users the privilege to put their wealth in a network that has easy access to fiat currency through banks. A NEW MOMENTUM ADK, an open source project with a network that spans two continents, stretching two banks in Africa and one in Europe. дальше »
2018-8-31 01:49 | |
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President Maduro is forcing Venezuelan banks to use his dodgy cryptocurrency
Nicols been Maduro’s plan to pull Venezuela out of financial turmoil. Last month, its highest ever inflation rate was recorded, with prices for goods and services rising by at least 82,766 percent. дальше »
2018-8-28 13:15 | |
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Bitcoin Trading: e-bike Business Owner’s Account Shut Down by High Street Banks.
Scott Snaith, the owner of 50cycles – an e-bike company, recently had his bank accounts frozen by two prominent banks in the United Kingdom. Snaith is accusing both banks of discriminatory practices due to his involvement in cryptocurrency trading. дальше »
2018-8-24 14:01 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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Ripple Is Targeting the Chinese Market: Top Executive
Ripple is targeting the Chinese market with its blockchain products, a top executive has revealed. The company has been partnering with many banks and payment processors around the world, but surprisingly, it has only partnered with one Chinese payment processor. дальше »
2018-8-18 20:00 | |
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Cryptocurrency Custodian Services are Wall Street’s Chance at Being Crypto-Relevant
Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid. дальше »
2018-8-16 05:00 | |
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Why Goldman and JPMorgan Invested $32 Million in Blockchain Despite Bear Market
JPMorgan and Goldman Sachs, two of the biggest banks in the global finance sector, have led a $32 million Series B funding round for blockchain startup Axoni, to deploy blockchain-based solutions in the traditional finance industry. дальше »
2018-8-15 20:00 | |
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Two Swiss Banks Now Accepting Money From Crypto-related Activities
Switzerland is a major financial center and the land of private banks, the choice destination where old money is being kept under lock and key in secret vaults or secret bank accounts. In this age of cryptocurrencies, the Swiss proved to be just as adept as there are now two Swiss banks that offer financial […] Two Swiss Banks Now Accepting Money From Crypto-related Activities was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-13 14:15 | |
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Two Swiss Banks Set to Accept Cryptocurrency Clients
Cryptocurrency continues to be popular in Switzerland despite the unwillingess of local banks to do business with virtual currency firms. Two Swiss banks, however, have decided to break out of the norm and accept digital assets and crypto clients. дальше »
2018-8-7 08:46 | |
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Two Swiss Banks Set to Accept Cryptocurrency Clients
Cryptocurrency continues to be popular in Switzerland despite the unwillingess of local banks to do business with virtual currency firms. Two Swiss banks, however, have decided to break out of the norm and accept digital assets and crypto clients. дальше »
2018-8-7 21:56 | |
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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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Flow and Cryptomkt Enable Crypto Payments at 5000+ Stores
Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed. дальше »
2018-7-30 22:30 | |
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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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Pressure Mounts on Switzerland Banks to Serve Crypto and Blockchain Start-ups More
Banks in Switzerland are under pressure from the populace and the government to serve cryptocurrency and blockchain start-ups more and better. Two Swiss banks severed ties with cryptocurrency startups in the country recently, and some are planning to do so. дальше »
2018-7-23 21:33 | |
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Banking on Hype: Wells Fargo and Barclays Acquire Token and KYC Blockchain Patents
Two of the world’s larger banks recently acquired three distinct patents in the field of blockchain technology. Wells Fargo’s, aptly titled “Data element tokenization management,” was filed on July 17, 2018, and looks to tokenize pretty much every possible data piece possible. дальше »
2018-7-23 21:00 | |
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Switzerland Raises Pressure on Banks to Serve Crypto and Blockchain Start-ups
Swiss officials have expressed concerns after two banks stoped offering their service to crypto and blockchain companies. Zuercher Kantonalbank (ZKB), Switzerland’s fourth biggest bank, has closed the accounts of more. дальше »
2018-7-22 17:33 | |
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Former JPMorgan Executive Says Banks Know Cryptocurrencies Will Change the World
Traditional financial institutions have begun to notice how cryptocurrencies are disrupting their market. Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech […] дальше »
2018-7-22 00:13 | |
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Switzerland Creating Crypto-Friendly Conditions To Remain Competitive in the Cryptocurrency Market
Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country. дальше »
2018-7-21 17:11 | |
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Two Steps Forward, One Step Back: The Week In Crypto
Between Bitcoin ETFs, decentralized banks, blizzards of SEC comments, and demands for a “Chief Blockchain Officer” for the UK, there are plenty of stories that don’t make it to the front page. Here are some other events you may have missed. дальше »
2018-7-21 22:54 | |
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Switzerland Creating Crypto-Friendly Conditions To Remain Competitive in the Cryptocurrency Market
Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country. дальше »
2018-7-20 20:26 | |
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Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive
Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. дальше »
2018-7-19 13:00 | |
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No Matter How You Slice It — Token Assets Are Coming to Bitcoin Cash
Two more types of BCH tokenization projects have been announced on July 18, giving the BCH community a wider variety of different ideas that can bring forth the concept of representative tokens into reality on the Bitcoin Cash network. дальше »
2018-7-19 08:30 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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BlockShow by Cointelegraph is Debuting in Vegas with BlockShow Americas 2018
Shortly after a successful comeback to Germany with BlockShow Europe 2018, the team gets to work again and announces BlockShow Americas 2018 - the next 2-day show and the very first one to be held in USA. дальше »
2018-7-6 14:58 | |
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Bermuda Amends Law to Create Banks That Will Serve Blockchain Companies
For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world. дальше »
2018-7-5 17:00 | |
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RBI Forces Indian Banks to Cease All Cryptocurrency Activity in Two Days
Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in cryptocurrencies. The Reserve Bank of India (RBI) gave a three-month window for activities to cease back in April which ends on July 5. дальше »
2018-7-3 17:30 | |
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South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’
The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. дальше »
2018-7-1 01:00 | |
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Three Ways Big Banks Can Benefit Big Time From Trading Crypto
It is no secret that big banks have expressed the desire to attack the value and premise of bitcoin and blockchain since being first introduced in 2009. Many have referred to the two as a fraudulent threat to traditional banking systems. дальше »
2018-6-24 15:00 | |
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A Rigged Tax System Makes the Case for Bitcoin
When Satoshi Nakamoto mined the first Bitcoin block, he encoded into it a reference to a newspaper headline for that day: “Chancellor on Brink of Second Bailout for Banks. ” In doing so, he placed an anti-bank, anti-corruption ideology at the foundation of Bitcoin itself. дальше »
2018-6-23 23:31 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Two of the Largest Russian Banks Testing Crypto-based Investments for Retail Investors
Local media outlet Kommersant reported last week about two of the largest Russian banks and their plans to offer crypto-based investment options. Alfa-Bank and Sberbank have begun experimenting with new products based on “digital financial assets” or CFA after a meeting last Wednesday. дальше »
2018-6-20 20:51 | |
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Major Banks Dealing In Bitcoin
It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today. дальше »
2018-6-20 18:30 | |
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Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins
Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. дальше »
2018-6-20 00:30 | |
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Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
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