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Saudi Arabia Monetary Authority (SAMA) Is Helping Promote Ripple Technology
One year after Ripple signed an agreement with the Saudi Arabian Monetary Authority (SAMA), Mohsen Al Zahrani, the authority’s Head of Innovation, has confirmed that the KSA Central bank will not be using the technology but two local banks will adopt xCurrent and roll out their services by March 2019. дальше »
2019-2-13 10:15 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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Bitcoin Max Exchange Wins Legal Battle Against Santander Bank in Brazil to Keep Its Accounts Open
A Brazilian crypto exchange has won a major battle for its survival recently. Bitcoin Max has been battling the Santander Bank in court in order to keep its accounts open and it looks like the exchange scored a major victory for the sector now. дальше »
2019-2-13 02:32 | |
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Former Prime Minister Bigs Up Bitcoin Amid Power Struggle in Bangkok
Thailand’s former prime minister, Thaksin Shinawatra, recently told his 2. 3 million Facebook followers that banks are outdated due to hot new digital currencies. More recently he expanded in a podcast to. дальше »
2019-2-12 22:13 | |
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Santander Bank Ordered to Keep Brazilian Bitcoin Exchange Account Open
Brazilian cryptocurrency exchange Bitcoin Max finally won its battle to keep its Santander checking account open. The Battle with the Banks Is An Ongoing Saga Working with banks hasn’t been easy for cryptocurrency exchanges and blockchain startups in most parts of the world. дальше »
2019-2-12 22:00 | |
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Why can’t you mine XRP? Is Ripple’s model better than PoW cryptocurrencies?
Ripple and its “as-a-gift-received” cryptocurrency XRP have been beaten with many a stick in the past. Their cult-like following, their scummy marketing strategies, and their phantom partnerships/MoUs with the oh-so-hated-in-crypto banks/traditional finance have been covered far and wide. дальше »
2019-2-12 19:55 | |
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Philippine’s Union Bank Launch of Crypto ATM Could Fuel Bitcoin Adoption
The Union Bank of Philippines, one of the country’s largest banks, is unveiling two cryptocurrency ATMs. The initiative from Union Bank has the blessings of the country’s central bank, Bangko Sentral ng Pilipinas (BSP). дальше »
2019-2-12 13:07 | |
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Philippines’ Central Bank Helps Launch Bitcoin ATM
One of the largest banks in the Philippines, Union Bank, has collaborated with the country’s central bank to launch a Bitcoin ATM, allowing customers to both buy and sell bitcoin for cash. Union Bank Launches Its First Bitcoin ATM Union Bank in the Philippines has launched its very first two-way Bitcoin ATM, according to a release. дальше »
2019-2-11 21:00 | |
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XRP Seems to Have a Very Prosperous Future In the Financial World as Ripple Continues Inking Deals
There are many different companies that are currently operating in the cryptocurrency market. One of them is Ripple, that is trying to offer services to financial institutions around the world, including banks. дальше »
2019-2-11 20:35 | |
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Finablr’s UAE exchange and Unimoni Brands to Integrates Ripple’s RippleNet XRP Payment Network
The blockchain technology is growing at a rapid pace despite the market price constraints being experienced. Industrial players are forming partnerships with blockchain based companies and integrating the technology as well. дальше »
2019-2-11 18:26 | |
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A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption
According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa. дальше »
2019-2-11 10:52 | |
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Russia Leads Central Banks’ Record Hoarding on Physical Gold, Expert Explains When the Switch to Bitcoin
The amount of gold bought by central banks in 2018 has reached the second highest annual total. Since 1967, this is the most amount of gold volume bought by central banks. According to the World Gold Council estimate central banks now hold about 34,000 tons of gold. дальше »
2019-2-11 01:05 | |
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Union Bank of the Philippines Launching Cryptocurrency ATM
One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances. дальше »
2019-2-10 02:30 | |
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Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run
The Wall Street Journal reports that banks will recast mortgage loans. Thanks to Federal Reserve policy changes, it’s currently cheaper for banks to get loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage rates. дальше »
2019-2-10 01:30 | |
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Mercury FX CEO: Ripple’s xRapid Provides ‘Optimized Speeds And Costs’ For Moving Money
Alastair Constance Believes That Ripple’s xRapid Is The Future Of Transactions It seems that Ripple’s xRapid solution is starting to be implemented by several banks and financial institutions all over the world. дальше »
2019-2-9 23:15 | |
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Former Point72 Exec: Bitcoin is Still a Perfect Way to Bet Against Central Banks
Travis Kling has taken to the streets yet again. This time, the chief investment officer of Ikigai, a Los Angeles-based crypto hedge fund that launched in October, doubled-down on his sentiment that Bitcoin (BTC) is a perfect way to bet against the monetary policy enlisted by global governments and Wall Street mainstays. дальше »
2019-2-8 17:00 | |
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A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »
2019-2-8 14:20 | |
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Wells Fargo System Went Offline While Bitcoin “Never Sleeps”
Wells Fargo, one of the world’s largest banks, experienced a mobile banking outage yesterday. The institution has since handled the situation, explaining that one of its facilities was affected. Bitcoin, in the meantime, boasts 99. дальше »
2019-2-11 12:00 | |
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Bitcoin Community Takes Notice When Wells Fargo Experiences System Shutdown in the US
One of the most important banks in the United States, Wells Fargo, is currently experiencing a ‘system issue’ that is affecting the normal functioning of their services. The information was released by Wells Fargo on February 7 on Twitter. дальше »
2019-2-8 02:05 | |
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South Korean CBDC Researchers: Economy Could Suffer With Issuing Central Bank Digital Currency
Economy Could Suffer From Issuing Central Bank Digital Currency, Says South Korean Researchers Central bank digital currencies (CBDCs) are often created by banks in an effort to offer a comparable solution that is equivalent to fiat currency, though it doesn’t usually require replacing the country’s banknotes and coins. Built entirely on the blockchain, there are […] дальше »
2019-2-7 21:34 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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Bitcoin Cash Price Analysis: BCH Keeping up with BNB, Up 3.5%
Latest Bitcoin Cash News Good news is the UK is opening up, allowing businesses to explore a nascent but rapidly expanding asset class in cryptocurrencies. And this was expected. After all, the UK and London to be exact are a financial epicenter laden with banks and all kinds of brokerage firms. Read: CoinBase Announces Crypto […] дальше »
2019-2-7 17:34 | |
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The New-age of Financial Dis-Intermediation – P2P, STOs, Blockchain, & Cryptocurrencies
The Financial Services industry has always been resistant to disruption. Till the twentieth century, the banks have always been placed at the center-hub of any national economy. It has been tough to disrupt these entrenched institutions with multiple moats around them. дальше »
2019-2-7 16:39 | |
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Ripple Says xCurrent Beats Swift, Hints at More High Street Banks Jumping on Board
CoinSpeaker Ripple Says xCurrent Beats Swift, Hints at More High Street Banks Jumping on Board Ripple notes increasing attention to its solutions and products from the side of major banks. дальше »
2019-2-7 15:17 | |
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Ripple Moves 1Bn XRP; Attaching a Mysterious, Yet Powerful Message
Ripple has established itself as one of the most important companies in the field of Blockchain technology, earning respect not only of the community of crypto enthusiasts but also of essential players in the global financial system such as central banks and the SWIFT platform itself, with which it competes directly. дальше »
2019-2-7 12:44 | |
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Trading Epic: Legit Financial Investment Trading Platform?
What Is Trading Epic? Trading Epic is one of the leading platforms in the United States that offer binary options, forex, and spreads. The platform claims that it is regulated by the CFTC. It is based in New York, with member funds held in segregated accounts in major US banks. By this, it claims to offer […] дальше »
2019-2-7 10:16 | |
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A Millennial and Crypto Love Story: How This Generation Is Ghosting Banks
America’s youth has long been in a bad relationship with banks. Their predatory, self-serving practices have left a bad taste in the mouths of many young consumers, who have historically acclimated and resigned themselves to the system as they aged. дальше »
2019-2-7 04:30 | |
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Is Euro in Big Trouble? After Deutsche Bank’s Failure, French Giant BNP Warns ‘Extreme Market Conditions’
With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U. дальше »
2019-2-7 17:20 | |
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Australian Banks Fraudulently Collected Fees From Deceased Customers
A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. дальше »
2019-2-6 14:35 | |
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Wall Street’s about to Bid Farewell to One of its Biggest Bitcoin Bulls
Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks. дальше »
2019-2-6 01:50 | |
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Iranian Banks To Issue Gold-Backed Digital Currency
An Iranian digital currency has been talked about for at least the last year, though it was assumed it would be backed by the rial.
дальше »2019-2-6 01:20 | |
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Iranian Banks Support New PayMon Cryptocurrency Backed By Gold and Kuknos Blockchain Startup
Four banks based in Iran have united to create a cryptocurrency backed by gold which will be called PayMon. According to the original reports, which were made by the Financial Tribune, the asset was created via a partnership of the Bank Pasargad, Bank Mellat, Parsian Bank and the Bank Melli Iran. This new crypto will […] дальше »
2019-2-6 00:24 | |
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Ripple’s Partner Ramessa Online Prefer Banks “Until When XRP is fully Regulated”
Finally, Ramessa Online, a Sao Paulo based company with a functional partnership with Ripple has admitted that they are waiting for XRP to be “fully regulated” before incorporating the asset as their on demand liquidity tool. дальше »
2019-2-6 00:18 | |
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Multiple Saudi Arabia and UAE Commercial Banks Join Cross-Border Crypto Transaction Network
Six commercial banks operating in the UAE and Saudi Arabia have joined a currency project that aims to conduct cross-border transactions using crypto. Argaam, a major financial news portal in Saudi Arabia, first revealed the news. дальше »
2019-2-5 21:44 | |
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Four Iranian Banks Support Gold-Backed Cryptocurrency
A gold-backed cryptocurrency called PayMon has been released by four banks in the Islamic Republic of Iran
дальше »2019-2-5 18:39 | |
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The Money Laundering War Wages On But is Bitcoin Really Better Than Banks for Financial Crimes
One of the biggest arguments that naysayers of cryptocurrency like to bring against it is the concept of money laundering. A recent report in September last year in the Wall Street Journal indicated that criminals used cryptocurrency exchanges in the laundering of $90 million in the last two years, though much of the report had […] дальше »
2019-2-5 17:24 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report
Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.” дальше »
2019-2-5 15:20 | |
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Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies
Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. дальше »
2019-2-5 13:25 | |
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Banks are Better than Bitcoin (When It Comes to Money Laundering)
On September 28, 2018, the Wall Street Journal published a report which claimed that criminals laundered nearly $90 million of proceeds via cryptocurrency exchanges over two years. The piece mainly targeted ShapeShift, a US-based crypto-to-crypto exchange, for facilitating trades without identifying the traders. дальше »
2019-2-4 12:16 | |
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My Bank App is Better Than Bitcoin for Payments (And That’s Fine)
The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. дальше »
2019-2-3 23:00 | |
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Ripple CTO Voices Latest Twitter Reaction Against Blanket Statements Regarding “Big Banks”
Ripple’s CTO Voices Latest Twitter Reaction Against Blanket Statements Regarding “Big Banks” The Ripple community is easily one of the strongest bonds in the cryptocurrency industry, with many of their participants jumping up to defend Ripple at the smallest inkling of a negative comment. дальше »
2019-2-2 20:53 | |
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