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Asia’s CIMB Group Joins RippleNet To Enhance Cross Border Payments in the ASEAN Region
The CIMB Group, which is headquartered in Kuala Lumpur and one of the largest banks in ASEAN (Association of Southeast Asian Nations), has partnered with Ripple to enhance instant cross-border payments across CIMB’s markets. дальше »
2018-11-15 13:43 | |
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KPMG: Cryptocurrencies (including Bitcoin) are not ready to be real currency
‘Big four’ accounting firm KPMG has just asserted that cryptocurrency assets, like Bitcoin, are simply not ready to be classified as real currencies – and that using Bitcoin as a store of value is a “fool’s errand. дальше »
2018-11-15 13:36 | |
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IMF Head Christine Lagarde Calls For Central Banks Digital Currencies
CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector. дальше »
2018-11-15 11:37 | |
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Iran Feeling Heat from SWIFT Sanctions, National Cryptocurrency Ready for Blast-off?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) may have just pushed Iran to the wall in its plans to build a state-issued cryptocurrency, having abruptly ejected several banks from the marginalized Middle-Eastern state under mounting pressure from the US government. дальше »
2018-11-15 11:00 | |
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Bitcoin ATMs Most Common Scam Payment Method in Australia
The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority. дальше »
2018-11-15 07:35 | |
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IMF Chief Calls for Central Banks to Consider Issuing Digital Currencies
International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection. дальше »
2018-11-15 05:00 | |
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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service
After the U. S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc. , said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. дальше »
2018-11-15 00:00 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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IMF Chairwomen: ‘We Should Consider Issuing Central Bank Digital Currencies’
Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore. дальше »
2018-11-14 22:30 | |
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Should Banks and Governments Create their Own Cryptocurrencies? IMF’s Lagarde Thinks So
In 2018 it seemed like everyone wanted to make their own cryptocurrency. Sometimes tokenization made sense, but many companies looked as if they were forcing it. Many cryptocurrency enthusiasts and even just onlookers with financial expertise have wondered if or when countries would finally start to issue their own coins. дальше »
2018-11-15 22:20 | |
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IMF Head: Central Banks Should Consider Issuing Digital Form of Money
The winds of change are sweeping the financial sector, at least according to Christine Lagarde, the managing director of the International Monetary Fund (IMF). Speaking at the Singapore Fintech Festival on Nov. дальше »
2018-11-15 20:44 | |
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IMF’s Lagarde Says It’s Time to Consider State-Issued Digital Currencies
Head of the International Monetary Fund, Christine Lagarde, said that central banks should consider issuing state-backed digital currency. The IMF head gave her advice during a speech delivered at the Singapore Fintech Festival. дальше »
2018-11-14 17:00 | |
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Ripple Price Analysis: XRP/USD Stable as Ripple Net set to power the $637 billion Chinese e-Commerce
Latest Ripple News Fact is, member banks wish not to pay more to access SWIFT new GPI. On their part, Ripple through Brad Garlinghouse, aren’t seeking for a SWIFT-Ripple partnership despite Ripple officials attending SWIFT’s Sibos conference. дальше »
2018-11-14 15:46 | |
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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies
Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. дальше »
2018-11-14 15:00 | |
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Ripple CEO: We’re Taking Over Swift on a Day-by-Day Basis
CoinSpeaker Ripple CEO: We’re Taking Over Swift on a Day-by-Day Basis According to Ripple's CEO, at least 100 SWIFT-connected banks have signed on with Ripple, and the company will take over SWIFT because of using blockchain — the technology of the future. дальше »
2018-11-14 12:55 | |
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Ripple CEO Asks IMF Deputy: Don’t Central Banks Already Issue Digital Assets-Versions of Their Fiat?
CEO Ripple, Brad Garlinghouse stood beside IMF Deputy General Counsel, Ross Leckow in a presentation on their opinions on digital currencies during the Singapore Fintech Festival. The pair were asked questions on their views about the current digital asset market and the role of central banks by the audience. Conservative Counsel As a high ranking […] дальше »
2018-11-14 10:25 | |
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Ripple Taking Over? CEO Reveals Some Of the Largest Swift Enabled Banks Are Now Using Ripple’s Technology
In a recent interview with Bloomberg, Singapore, Ripple CEO, Brad Garlinghouse stated that most large banks which have been on SWIFT network are signing on with Ripple. This is only an indication that Ripple is taking over the business from the Society For World bank Interbank Financial Telecommunication provider, SWIFT. дальше »
2018-11-14 21:34 | |
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Ripple CEO Says Banks Will Start Providing Blockchain Crypto Asset Custody Solutions in 2019
There have been different developments around Ripple and blockchain technology. Distributed ledger technology (DLT) is expanding all over the world and Ripple is one of the most important companies in the space. дальше »
2018-11-13 20:21 | |
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Oil Industry Backed Blockchain Energy Platform Launching This Month
Some of the biggest names in the energy sector have come together with equally large banks and financial institutions in order to launch a blockchain based energy commodity platform before the end of the year. дальше »
2018-11-13 16:00 | |
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Ripple Takes Investors’ Class Action Case Against XRP To Federal Court, Lawyers Expect A Walk In The Park
Over the last few months, XRP has been in the news for good reasons, especially given Ripple’s recent accomplishments. Ripple has managed to launch various revolutionary financial solutions and woo a good number of banks to the RippleNet. дальше »
2018-11-13 02:28 | |
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SWIFT Kicks Out Iran – One Of The 3 Cheapest Countries To Mine Bitcoin
The Society For Interbank Financial Telecommunication (SWIFT) has begun blocking access to international transfers for Iranian member banks as new US sanctions take effect. SWIFT: Block Is ‘Regrettable’ As Reuters originally reported, November 10 marks the first day of action which will see financial institutions cut off from SWIFT, which facilitates cross-border payment instructions to more than 200 countries. дальше »
2018-11-13 00:00 | |
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Bank of America Obtains Crypto Patent, is it Planning to Operate a Wallet?
A sure sign of growing adoption and institutional interest in cryptocurrencies is when major banks start to look at them more closely. The second largest bank in the US, Bank of America, was recently awarded a patent for secure crypto key storage indicating that its interests in the industry are still fully intact despite the. дальше »
2018-11-12 14:00 | |
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Central Bank of Iran (CBI) Finalizes Cryptocurrency Development Of Rial-Pegged National Token
Iran Finishes The Development Of Rial-Pegged National Cryptocurrency Iran’s local media reports that has completed the development of its national cryptocurrency which will be backed by Rial. When the Central Bank of Iran (CBI) approves the uses of national cryptocurrency, it will be issued to financial institutions such as banks to test payments and internal […] дальше »
2018-11-12 05:38 | |
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BlackRock and Allianz Sue 16 Banks in the U.S. over Currency Market Rigging
A group of large institutional investors in the U. S. , including BlackRock Inc. , a global asset management company with $6. 3 trillion in assets under management, has sued 16 major banks accusing them of rigging prices in the roughly $5. дальше »
2018-11-11 16:00 | |
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Can I Use TransferWise’s Borderless Account to Buy and Sell Bitcoin?
Cryptocurrency users are always looking for convenient solutions when dealing with exchanges. Unfortunately, there are numerous banks preventing users from buying or selling cryptocurrencies in this day and age. дальше »
2018-11-9 17:00 | |
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Bitruption: P2P Advertising Marketplace And Buy/Sell Bitcoin?
In the current financial system, banks misuse their monopoly over fiat to prevent the crypto industry from accessing the competitive and alternative financial system. Additionally, banks deny crypto businesses and miners the access to regular banking services such as loans, funds transfers, deposits and withdrawals, which essentially creates a barrier to conducting business using cryptocurrencies. […] дальше »
2018-11-9 13:05 | |
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Fake News: SWIFT Is Not Joining RippleNet
CoinSpeaker Fake News: SWIFT Is Not Joining RippleNet Potential integration between SWIFT and Ripple, which would make Ripple’s products available to 4,000 new banks, is a faked rumour. Fake News: SWIFT Is Not Joining RippleNet дальше »
2018-11-9 11:22 | |
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BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain
One of Spain’s leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018. дальше »
2018-11-8 19:00 | |
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Will Ethereum (ETH) Or Ripple (XRP) Cryptocurrency Services Ever Be Adopted By Banks?
There are several blockchain projects in the cryptocurrency market. Two of the most important ones are Ethereum (ETH) and Ripple, which uses the XRP virtual currency for some of its products. Ripple, represented by the XRP virtual currency, grew around 13% in the last days after rumors regarding a bank that wants to use Ripple’s […] дальше »
2018-11-8 13:21 | |
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CentCoin ICO
From our point of view and the entire cryptographic community, the lack of innovation within the field of financial heritage management, means we remain anchored to the past. The opportunity that is being offered to us to start being part of the leaders of the new digital era has never been so great and enormously beneficial for all. дальше »
2018-11-8 08:33 | |
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15 Banks to Test DTCC’s Market Infrastructure Using Blockchain
Post-trade market infrastructure giant DTCC has initiated the testing phase to re-platform its credit derivatives on distributed ledger technology (DLT) and cloud. The trial will include the participation of 15 of the world’s largest global banks, which will conduct structured user acceptance tests to validate the interaction between systems, firms and other market infrastructure providers. дальше »
2018-11-8 03:30 | |
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BBVA Uses Ethereum To Complete €150 Million Syndicated Loan
The transaction brought together several big banks and represents BBVA's second major blockchain loan pilot this year.
дальше »2018-11-8 21:46 | |
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The 800 Pound Gorilla: Digital Asset Adoption
The adoption of digital assets by mainstream financial services was a critical topic at Swell 2018. The first ever Blockchain in Payments Report, released during the event, found that banks and payment providers around the world are not only interested in using digital assets, they also understand the value of using them for the purposes … Continued The post The 800 Pound Gorilla: Digital Asset Adoption appeared first on Ripple. дальше »
2018-11-7 21:14 | |
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20,000 Pakistani debit card details surface on the dark web
On Tuesday, Pakistan’s Federal Investigation Agency (FIA) said that major banks in the country have suffered a cyber attack affecting more than 20,000 users. “More than 100 cases (of cyber-attack) have been registered with the FIA and are under investigation. дальше »
2018-11-7 12:08 | |
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DTCC: Blockchain Enabled Derivatives Platform to Undergo Testing Phase
Headquartered in New York, The Depository Trust & Clearing Corporation (DTCC) had taken a significant step forward in its attempt to integrate the blockchain technology into its operations, as it brought aboard 15 leading global banks for the testing phase of its credit derivatives platform, per a report by Finextra, dated November 6, 2018. дальше »
2018-11-7 12:00 | |
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SendFriend Slashes Remittance Cost by 65% Using Ripple's Financial Tool, xRapid
The MIT-backed international remittance blockchain based platform, SendFriend, took a giant step to smoothen its cross-border remittance services. It utilized the Ripple’s Xrapid technology to accomplish an impressive goal of slashing remittance cost by 65%. дальше »
2018-11-8 22:33 | |
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SendFriend Slashes Remittance Cost by 65% Using Ripple’s Financial Tool, xRapid
The MIT-backed international remittance blockchain based platform, SendFriend, took a giant step to smoothen its cross-border remittance services. It utilized the Ripple’s Xrapid technology to accomplish an impressive goal of slashing remittance cost by 65%. дальше »
2018-11-7 22:33 | |
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Amazon May Need Ripple Decentralized Tools for Easy Messaging and Payment Settlement
Ripple’s aim to provide a seamless, faster and cheaper means of transferring payment across borders, using decentralized tools is a global vision. These tools are not only made for banks and financial institutions but also big companies like Amazon, who may need them for easy messaging and settlement of payments. дальше »
2018-11-6 21:15 | |
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Will Banks Really Use XRP or Ethereum’s Public Blockchain?
Ripple jumped another 13% today on yet another rumor regarding bank related payment systems, but is there any substance to it all, will banks really use XRP? Ripple is basically... The post Will Banks Really Use XRP or Ethereum’s Public Blockchain? appeared first on Trustnodes. дальше »
2018-11-6 17:47 | |
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DTCC enters test phase on DLT project for credit derivatives with 15 of the world’s largest banks
CryptoNinjas The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the global financial services industry, today announced that it has advanced to the testing phase of. дальше »
2018-11-6 17:17 | |
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Swiss Regulator Instructs Banks to Assign 800 Percent Market Value Risk Weighting to Cryptoassets
The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks in the country who handle cryptocurrency to weight cryptoassets at eight times their market value when calculating loss-absorbing capital. дальше »
2018-11-6 14:00 | |
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IBM report: 1 in 3 central banks are trialing a digital currency
A report co-authored by IBM and the OMFIF has revealed that central banks are continuing to maintain their distance from the cryptocurrency sector - but are working on creating their own digital currency offerings, albeit at a slow pace. дальше »
2018-11-7 14:00 | |
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Report: Popular ICO Listing Sites Show Massive Inconsistencies in Project Fundraisers
A Bloomberg report on November 5, 2018, pointed out the vast inconsistencies in the amount of capital raised by Initial Coin Offerings (ICOs) raised in 2018, as per data compared on several websites. дальше »
2018-11-6 02:00 | |
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