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India Stands Still – Should Crypto Go or Stay ?
The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto. дальше »
2018-7-20 15:08 | |
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Switzerland Scrambles to Regain “Cryptocurrency-Friendly” Status As Banks Dissuade Crypto-Businesses
Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country. дальше »
2018-7-20 11:00 | |
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Institutional Investors Will Bring Big Money But Is It Great For Crypto?
Is Help From Institutional Investors A Blessing Or A Curse? The beauty of Bitcoin is simple – consumers have the option to be responsible as their own banks. They can make investments and use tools that were previously inaccessible to them. дальше »
2018-7-20 10:03 | |
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HSBC is ‘Cautious’ About Crypto and ‘Not Interested Now’ but Open to Change
HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […] дальше »
2018-7-20 01:18 | |
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“Big 4” Auditors Deloitte, EY, KPMG & PwC To Test Blockchain Financial Reporting Platform
“Big Four” Auditors To Test Blockchain Platform For Financial Reporting The biggest four auditing firms of the world, Deloitte, EY, KPMG and PwC, are getting together with 20 banks in Taiwan to trial a new service that will use the blockchain technology to make auditing for public companies and their reports. The main reason why the […] дальше »
2018-7-19 20:47 | |
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World's Top Four Auditors Join Taiwan-Led Trial for Blockchain Fiscal Audit System
The world's four largest auditing firms will work with 20 Taiwanese banks to test a blockchain solution for auditing interim financial reports
дальше »2018-7-19 20:18 | |
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How The Most Valuable Crypto Companies Could Become Blockchain-Based Banks
Giant Cryptocurrency Firms Take A Leap, Possibly Establishing Banks? The notion of cryptocurrencies first stemmed in 2013 through the first ever digital currency, Bitcoin. While it took some time to get used to hearing “Bitcoin”, which to this day is somewhat problematic, between the years 2017 and 2018, more consumers have become cryptocurrency investors. With […] дальше »
2018-7-19 14:47 | |
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MasterCard Apply Patent For Bitcoin Transactions
As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’. дальше »
2018-7-19 13:30 | |
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Ripple XRP Can Potentially Be Used By Banks On A Global Scale
A recent video uploaded by XRP Coin Crypto News showed them speaking to the Chief Technology Officer at Ripple, David Schwartz on where he can see XRP going within in the next five years. During the interview, Schwartz was asked multiple questions on what he thinks of Ripple and where he sees it going in the future. дальше »
2018-7-19 13:00 | |
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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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All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting
The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports. дальше »
2018-7-19 12:30 | |
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Pearl Pay Launches Initiative to Solve OFW Problems
Bitcoin Press Release: Pearl Pay is working on an ecosystem of products that will help Filipinos across the globe facilitate their money transactions, faster and cheaper. July 19, 2018, Manila Philippines – Pearl Pay, a Financial Technology Company that helps Small Banks, Financial Institutions and MSMEs (Micro, Small and Medium Enterprises) through its secured mainstream […] The post Pearl Pay Launches Initiative to Solve OFW Problems appeared first on Bitcoin PR Buzz. дальше »
2018-7-19 09:52 | |
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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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Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened
Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. дальше »
2018-7-19 04:12 | |
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Japanese Tech Giant GMO sets to Launch Blockchain Banks
GMO Internet Group leverages the robust blockchain technology to streamline an interbank settlement system and create “next-generation” banking services. Being at the verge of blockchain revolution, Japanese fintech giant GMO Internet Inc. дальше »
2018-7-19 23:47 | |
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Is India About To Keep Its Crypto Trading Ban?
Brief history of cryptocurrencies in India India has not been perfectly cohesive in its stance toward crypto. If an Indian citizen wants to exchange crypto to fiat, then they will need to turn to marketplace exchanges or the black market, the Times of India explains. дальше »
2018-7-19 23:41 | |
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TokenSoft to use Tierion’s Chainpoint to enhance digital signatures for token sales
TokenSoft, a company which provides software services to startups, enterprises, funds, and investment banks who seek to issue tokenized securities has announced a new partnership with Tierion, a leader in using blockchain to prove the integrity and. дальше »
2018-7-18 20:35 | |
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Powerful Cryptocurrency Firms on the Road Towards Becoming Banks
When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were suddenly commanding billion dollar valuations. дальше »
2018-7-18 20:30 | |
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FDIC-rypto? IBM, Stronghold to Launch First Insured Stablecoin
IBM has partnered with fintech startup Stronghold to launch a stablecoin pegged to the US Dollar. The cryptocurrency will be tied to government-backed fiat deposited at banks covered by the Federal Deposit Insurance Corp (FDIC). дальше »
2018-7-18 15:00 | |
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Goldman Sachs Appoints David Solomon CEO
As one of the largest investment banks in the world, Goldman Sachs’ stance toward cryptocurrencies is an indicator of Wall Street’s attitude. Goldman recently confirmed the appointment of David Solomon as CEO. Will he be more receptive to crypto? дальше »
2018-7-18 02:00 | |
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FSB Look Into Volatility Threats Posed By Bitcoin
The Financial Stability Board (FSB) have recently stated they want to look into possible volatility threats posed by the likes of Bitcoin. The Switzerland-based Financial Stability Board stated on Monday that the digital currencies have raised concerns regarding the protection of users and the investors since there it little known about banks exposure to them. дальше »
2018-7-18 23:00 | |
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U. дальше »
2018-7-18 22:00 | |
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HKMA Joins Banks To Launch Trade Finance Platform, Teams Up Again With MAS
Seven international banks have joined the Hong Kong Monetary Authority to create a blockchain-based platform intended to streamline international trade finance, which will pair with a similar platform from the Monetary Authority of Singapore. дальше »
2018-7-18 21:27 | |
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Congress Agrees Bipartisan Bill Amending Investment Prohibitions
Jeb Hensarling, a Republican who argues regulations are stifling the free land, and Maxine Waters, a Democrat who at times criticizes banks, have agreed on a bipartisan bill to chip... The post Congress Agrees Bipartisan Bill Amending Investment Prohibitions appeared first on Trustnodes. дальше »
2018-7-17 19:37 | |
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Global Financial Watchdog May Restrict Bank Exposure to Crypto
The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose a material threat. дальше »
2018-7-17 17:56 | |
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The Hong Kong Monetary Authority Launches Blockchain Trade Finance Platform
The platform is expected to minimize the time and paperwork required in trade finance and supply-chain finance transactions. 21 banks including HSBC and Standard Chartered have already confirmed participation in the project. дальше »
2018-7-17 00:52 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-17 22:53 | |
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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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‘Banks are in Fear of being Disrupted by New Technology,’ Says Ripple’s new CTO
The Ripple company recently promoted David Schwartz from being the company’s Chief Cryptographer to the firms Chief Technology Officer. Mr. Schwartz replaces Stefan Thomas who now currently runs Coil and the Codius smart contract platform. дальше »
2018-7-16 19:43 | |
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Hong Kong to Launch Blockchain Trading Platform While 5,500 Points of Sale to Go Out by August, is this a New Crypto Hot Spot?
Hong Kong’s Monetary Authority is to link 21 banks, including HSBC and Standard Chartered, through a blockchain-backed trade finance platform with the aim of upgrading the $9tn global trade finance industry according to. дальше »
2018-7-16 19:30 | |
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Hong kong Block chain Finance Trade
Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT дальше »
2018-7-16 18:36 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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Ethereum, XRP, EOS, Bitcoin Cash and Monero Technical Analysis July 16
Nordic Banks will Launch a Cross Border Payment Solution-P27- to Take on Cryptocurrencies Straight from sensational accusations that EOSIO is behind Ethereum congestion woes and Western Union filling a patent excluding XRP and Ripple in their literature, the crypto market is robust and recovering. дальше »
2018-7-16 18:22 | |
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Carats.io ICO
Carats. io is creating the first financial market for diamonds. Using their state-of-the-art algorithm, Carats. io have developed a means to standardize prices for these non-homogeneous gemstones, creating the foundation for a diamond-backed digital currency. дальше »
2018-7-16 13:31 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-16 09:33 | |
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Chile’s Orionx Crypto Exchange Gets Favorable Legal Ruling Against Bank
An ongoing dispute between banks and cryptocurrency exchanges took a new turn. An appeals court has ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. дальше »
2018-7-16 09:00 | |
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Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System
At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. дальше »
2018-7-16 22:30 | |
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Bank of Queensland Customers Can No Longer Buy Bitcoin With Home Equity Loans
Various banks around the world have shown a tendency to oppose cryptocurrency. Bank of Queensland is doing exactly that, even though its decision makes a lot of sense. Clients were tapping into home equity loans to buy cryptocurrency, which is ill-advised. дальше »
2018-7-15 21:00 | |
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The real potential of Litecoin’s Banking Ambitions
The move was met with applause and skepticism, but also a stunned sense of disbelief from nearly all sides. Was it a sign that crypto is becoming so powerful it will soon overturn the rule of banks? Indeed, the news had imaginations operating at full speed, with some going so far as to think that дальше »
2018-7-15 18:42 | |
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Coinbase announces potential listing of Cardano [ADA], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX]
On 13th July, Coinbase announced that they are exploring the addition of Cardano [ADA], Basic Attention Token [BAT], Stellar Lumens [XLM], Zcash [ZEC] and 0x [ZRX] to the platform. Coinbase’s tweet | Source: Twitter Coinbase confirmed that they will be working with local banks and regulators to add its new assets in as many jurisdictions […] дальше »
2018-7-15 15:20 | |
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Chile appeals rules in favor of the crypto exchange
Finance In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Japan Confirms Entrance Into the Crypto Space Court of Appeals Ruling The Fourth Chamber of the Court of Appeals of Santiago has дальше »
2018-7-15 04:39 | |
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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank
In an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. дальше »
2018-7-15 03:35 | |
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ADA,BAT,XLM,ZEC,0x Surges After Coinbase Announcement of Possible Listing
Cryptocurrency trading is sure moving in the right direction and at a breakneck pace. Despite the decrease in prices of other leading crypto assets of late, the brokerage and exchange giant, Coinbase, recently announced in San Fransisco that it is discussing with regulators and banks over the introduction of five new crypto assets to their […] The post ADA,BAT,XLM,ZEC,0x Surges After Coinbase Announcement of Possible Listing appeared first on ZyCrypto. дальше »
2018-7-14 17:41 | |
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