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UBS Opts for ING Head Ralph Hamers to Replace Sergio Ermotti as CEO
Coinspeaker UBS Opts for ING Head Ralph Hamers to Replace Sergio Ermotti as CEOIn yet another shakeup, leading financial institution UBS Group removed Sergio Ermotti as its Chief Executive Officer and will replace him with ING Group’s Ralph Hammer. дальше »
2020-2-20 14:26 | |
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Coinbase Exchange’s New Visa Principal Membership Allows It Become Direct Card Issuer
The San Francisco-based Coinbase has just become the first crypto exchange to be made a principal member of Visa. This is an extremely big deal for a cryptocurrency based financial institution. The news was released on the Coinbase blog today. дальше »
2020-2-19 18:19 | |
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Why Did the Emjac Team Change?
With reference to earlier announcement as per below, EMJAC CEO Azrizal Mydin Pitchay would like to shed some light on this matter. “EMJAC Core Team announces that Meng Kian Kwan, Wan Afif Azizul, Chu Wong and Javeria Naveed are now under local authority investigation suspected of falsifying financial institution documents and planning scam activities using […] The post Why Did the Emjac Team Change? appeared first on NullTX. дальше »
2020-2-19 11:17 | |
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This is Why Ripple’s (XRP) Agreement With National Bank of Egypt is a Big Deal
One of the most popular cryptocurrencies at the moment, Ripple, has managed to reach a cooperation agreement with National Bank of Egypt (NBE). NBE is considered the largest Egyptian bank at the moment and is officially the first such institution in the country to accept and explore blockchain technology. дальше »
2020-2-17 03:36 | |
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U.K. FCA Orders Epayments Systems to Halt Operations Due to AML Concerns
The Financial Conducts Authority (FCA), the United Kingdom’s financial watchdog, has ordered Epyments Systems Limited, a licensed electronic money institution founded in 2011, to halt its operations until it fixes the loopholes in its anti-money laundering (AML) procedures, according to a statement by the firm on February 11, 2020. дальше »
2020-2-13 11:00 | |
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US Fed Is Exploring Potential for Digital Currency, Says Board Member
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development
дальше »2020-2-6 12:46 | |
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Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related effects” such as compensation for sacked employees and devalued assets. дальше »
2020-2-1 03:30 | |
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Japanese Financial Services Giant SBI Holdings To Give XRP As Shareholders Benefit
SBI Holdings, the crypto-friendly financial institution, is set to provide its shareholders with an option of receiving their benefits in form of XRP. On Friday, SBI Holding announced that shareholders will have the option of receiving their benefits in XRP as well as any other product provided by its SBI Alapromo, a subsidiary of the […] дальше »
2020-2-1 03:01 | |
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Japan’s Second Biggest Bank Joins SBI Holdings By Investing In Ripple-Powered MoneyTap
Japan’s second-biggest banking institution has teamed up with SBI Holdings to develop a financial service platform that will be based on blockchain, Japanese based Nikkei reports. Sumitomo Mitsui Banking Corporation (SMBC) is set to deposit money in Japanese financial conglomerate in efforts to enhance the utilization of distributed ledger technology (DLT) within the trade finance […] дальше »
2020-1-31 02:12 | |
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Ripple partner SBI Holdings to collaborate with Japan's SMBC
Sumitomo Mitsui Banking Corporation (SMBC), Japan's second-largest financial institution, has recently partnered with SBI Holdings to build a Blockchain-based financial service platform, according to The post Ripple partner SBI Holdings to collaborate with Japan's SMBC appeared first on AMBCrypto. дальше »
2020-1-31 23:00 | |
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UK Crypto Financial Service Provider Becomes First ‘Authorised Payment Institution’ By FCA
A British crypto company similar to Bitstamp, Galaxy Digital and Coinbase was awarded a license for payments by the UK Financial Conduct Authority (FCA). The announcement was made on Monday, by the BCB Group. дальше »
2020-1-29 19:41 | |
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Is International Pressures Forcing South African Banks to Close Crypto Exchange Accounts?
The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […] дальше »
2020-1-26 00:55 | |
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The head of a major financial institution describes why Bitcoin “will go up” in 2020
The head of a global crypto-financial service provider recently shared his 2020 outlook for Bitcoin. The network is expanding In a recent interview with CNN Swizterland, Arthur Vayloyan, the CEO of Bitcoin Suisse, a swiss-regulated crypto-financial intermediary, affirmed that Bitcoin has a bright future and 2020 could set the stage for the next bull run. дальше »
2020-1-21 20:50 | |
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Oklahoma Lawmaker Launches Bill to Create Crypto Depository for Government Use
A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state. дальше »
2020-1-20 21:01 | |
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Japanese educational institution charged with misappropriating funds to buy cryptocurrency
The Meijo Gakuin Educational Corporation will file a criminal complaint against the company’s former chairwoman after funds were used to buy cryptocurrency. дальше »
2020-1-19 14:09 | |
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Lawmaker Proposes Bill For State-Chartered Institution For Blockchain & Crypto Innovations
An Oklahoma lawmaker has come forward with the proposition of creating a financial institution chartered by the state and that functions as a central crypto depository for government agencies in the state. дальше »
2020-1-18 01:45 | |
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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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Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. дальше »
2020-1-10 12:45 | |
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Bitcoin Friendly Signature Bank Offers Clients Superfast Payments Services
Signature Bank, a bitcoin (BTC)-friendly New York-based full-service commercial bank founded in 2001, has joined forces with Prime Trust, a Nevada-based tech-driven financial institution that claims to be focused on providing dependable infrastructure solutions for the digital economy. дальше »
2020-1-7 10:00 | |
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River Financial Wants to Be the Bitcoiner’s Charles Schwab
River Financial doesn’t want to be just another exchange: It wants to be the world’s first Bitcoin financial institution. The post River Financial Wants to Be the Bitcoiner’s Charles Schwab appeared first on Bitcoin Magazine. дальше »
2020-1-3 23:37 | |
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President of European Central Bank Pushes To ‘Be Ahead’ Of Stablecoins Demand
Christine Lagarde is the president of the European Central Bank, and she’s recently made it clear how highly she holds stablecoins. In a recent tweet, she urged the bank to take note of the substantial demand for stablecoins in the world, adding that the institution needs to “be ahead of the curve,” regarding the issuance […] дальше »
2019-12-13 01:46 | |
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Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments
Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […] дальше »
2019-12-11 00:07 | |
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Cryptocurrency Payments Processor Simplex now Supports JPY and CAD
Simplex, a European Union-licensed financial institution that functions as the fiat gateway provider of top crypto exchanges like Binance, Huobi, Poloniex and a host of others, has now added support for two more fiat currencies: the Japanese yen (JPY) and Canadian dollar (CAD). дальше »
2019-12-11 00:00 | |
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Lithuania’s Apex Bank taps Blockchain Technology for Digital Coin
Bank of Lithuania (Lietuvos Bankas), the 97-year-old financial institution that functions as the nation’s central bank, has announced plans to roll out a distributed ledger technology (DLT) powered digital collector coin dedicated to the country’s past leaders who fought for its independence, according to a press release, December 9, 2019. дальше »
2019-12-10 16:30 | |
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Lithuanian Central Bank Launches A Digital Currency, But It’s Not What You Think
The Act of Independence of Lithuania has been a major event in the history of this country, and it will soon be honored in the blockchain industry, according to board member Marius Jurgilas. According to a recent press release from the Bank of Lithuania, the financial institution will be releasing a digital collector coin, based […] дальше »
2019-12-10 00:46 | |
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