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Europe leads institutional crypto-adoption as concerns continue to hold market back
The emergence of digital currencies like Bitcoin and other altcoins has given birth to numerous opportunities in the traditional and crypto-community. However, many institutions have been reluctant toThe post Europe leads institutional crypto-adoption as concerns continue to hold market back appeared first on AMBCrypto. дальше »
2020-3-26 17:00 | |
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World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. дальше »
2020-3-26 18:30 | |
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China’s National Blockchain Network April 2020 Launch Date Still Valid
Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month. дальше »
2020-3-24 00:00 | |
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Cryptocurrency News From Japan: March 15-21 in Review
This week’s news from Japan includes institutions joining a blockchain startup, Toyota building a blockchain ID platform, and more
дальше »2020-3-23 04:00 | |
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Bitcoin smart contract platforms RSK and RIF get new AML solutions from Coinfirm
Tech regulatory company Coinfirm has announced that it will begin providing RSK and RIF protocols with an anti-money laundering compliance solution. According to a press release shared with CryptoSlate, the company partnered with IOV Labs to deliver the solutions that will enable traditional financial institutions to engage with the two Bitcoin second-layer solutions. дальше »
2020-3-20 13:00 | |
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Crypto exchange Gemini connects with Itiviti’s NYFIX order routing network
Itiviti, a global technology service provider to financial institutions, today announced that Gemini, the NYDFS registered cryptocurrency exchange and custodian; now enables cryptocurrency holders to trade with their counterparties via NYFIX, Itiviti’s FIX-based order routing network. дальше »
2020-3-20 23:33 | |
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Large Investors Catalyst Behind Crypto Market Rout, Says Chainalysis
Bitcoin’s safe haven narrative fell through as large investors liquidated their holdings in search of cash and less risky assets. Cryptocurrency analytics firm Chainalysis reported that 70% of exchange activity came from institutions and high net-worth investors, per Bloomberg, March 19, 2020. дальше »
2020-3-19 14:00 | |
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4 Major Financial Institutions Invest In Series-A for Ethereum-based Platform FundsDLT
Some major titans in the European financial industry have teamed up to unleash a FundsDLT. This is a Blockchain platform tailored for the investment space. The dream team comprising of the Luxembourg Stock Exchange, Credit Suisse Asset Management, Natixis Investment Managers, and Clearstream announced a joint series A funding for the FundsDLT. The project was […] дальше »
2020-3-18 18:40 | |
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European Financial Institutions to Launch Blockchain Investment Platform
European financial institutions including the Luxembourg Stock Exchange and Credit Suisse have launched an Ethereum-powered investment fund platform
дальше »2020-3-18 19:27 | |
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Reserve Bank of Zimbabwe Drafting Policy Framework to Regulate Digital Currencies
The Reserve Bank of Zimbabwe (RBZ) is interested in regulating digital currencies and has already started drafting a policy framework. This move came weeks after India curbed the ban imposed by the reserve bank of India on banks and financial institutions preventing them from dealing with individuals and businesses dealing with cryptos. Bitcoin has also […] дальше »
2020-3-17 22:49 | |
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Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
On Sunday, the U. S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. дальше »
2020-3-17 19:30 | |
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Dow Futures Plunged 1,000 Points after Fed Cuts Interest Rate to Zero
Coinspeaker Dow Futures Plunged 1,000 Points after Fed Cuts Interest Rate to ZeroPreviously, the target range of the interest rate varied from 1% to 1. 25%. Now the benchmark for both short-term lending for financial institutions and a peg to consumer rates will be targeted at 0% to 0. дальше »
2020-3-16 11:53 | |
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Trader warns institutions won’t ever invest in Bitcoin large-scale due to the overnight plunge
The Bitcoin price plummeted by 50 percent on March 12 in a steep sell-off, and one cryptocurrency trader said that it could eliminate the appetite of institutional investors to invest in the space at a large-scale. дальше »
2020-3-15 21:38 | |
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Bitcoin CME Futures Volume Dropped — Did Institutions Jump Ship?
The recent increase in CME Bitcoin futures challenges the narrative that institutional investors exited crypto
дальше »2020-3-15 23:54 | |
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Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. дальше »
2020-3-14 21:25 | |
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Retail Investors Try to Toe the Line While Institutions Bail on Crypto
The cratering of the cryptocurrency market has many in the community feeling rattled. With the Bitcoin price having shaved off more than one-fifth of its value in seemingly one fell swoop, nobody was left unscathed. дальше »
2020-3-14 20:15 | |
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Celo Alliance’s Efforts Supported by Libra Members
An effort to provide credit and facilitate payments for humanitarian aid has found the backing of large institutions such as a16z, Bison Trails, and Anchorage. Bloomberg reports that this may be a contingency plan if Libra goes awry, but the two initiatives don’t have much in common, March 12, 2020. дальше »
2020-3-13 20:00 | |
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India lifts ban on Bitcoin
India's supreme court lifted the two-year cryptocurrency ban last week, quashing an April 2018 order by the country's central bank that prohibited financial institutions from providing services "in relation to virtual currencies." дальше »
2020-3-10 20:00 | |
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Two Crypto Exchanges Announce IPO Plans This Month
Swedish crypto exchange BTCX has announced that it will initiate an initial public offering (IPO) later this year. This move is one of many by blockchain-based institutions to develop a legitimate presence in the global financial space. дальше »
2020-3-10 21:00 | |
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Crypto Industry Continues Fight Against Coronavirus With New Contributions
Binance Charity has made another donation to medical institutions in a bid to help coronavirus victims
дальше »2020-3-10 18:21 | |
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Coronavirus: Yet Another Bitcoin Event Postponed Due to COVID-19 Fears
Although those in the Bitcoin community prides themselves on distancing themselves from the institutions of the old world, cryptocurrency and blockchain are inextricably tied to events taking place in the outside world, so to say. дальше »
2020-3-7 06:00 | |
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South Korea Remittance Firm, Coinone Transfer, Attributes 50% Monthly Growth to RippleNet
Coinone began product development on RippleNet back in 2018; immediately after South Korea lifted a ban which earlier sidelined non-bank institutions. With new rules in place, Coinone aimed at using Ripple’s blockchain to tap into the S. дальше »
2020-3-6 19:26 | |
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CBDCs, Stablecoins, and Tokenziation: Banks Increasingly Acknowledging Decentralized Tech
Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. дальше »
2020-3-4 08:10 | |
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Early adopters called Bitcoin the “future of money” 9 years ago; it’s up 10,000x since
Bitcoin is now worth $161 billion, with strong infrastructure established by the world’s largest financial institutions and conglomerates in the likes of Fidelity, CME, and Square. 9 years, ago, the market capitalization of BTC was valued at less than $21 million. дальше »
2020-3-5 13:00 | |
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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. дальше »
2020-3-4 06:10 | |
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Ripple Signs Another key Partnership in India
Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years. дальше »
2020-3-4 02:00 | |
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Ripple's ODL service could benefit from XRP-backed stablecoin
Ripple's service of on-demand liquidity [ODL] has been embraced by several banking institutions across the world, in an attempt to ease up cross-border remittances. However, many skeptics have raised The post Ripple's ODL service could benefit from XRP-backed stablecoin appeared first on AMBCrypto. дальше »
2020-2-28 17:00 | |
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South Korea: 3 More Financial Institutions Tap RippleNet for Remittances
Ripple, the San Francisco-based distributed ledger technology (DLT) company in charge of the XRP altcoin, has announced that three more fintech startups in South Korea have joined RippleNet, according to a blog post on February 25, 2020. дальше »
2020-2-27 22:00 | |
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China has suspended the development of its own cryptocurrency due to coronavirus
The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC). дальше »
2020-2-27 21:43 | |
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US Commerce Department To Include Cryptocurrencies In 2020’s Economic Analysis Survey
The US commerce department, through the Bureau of Economic Analysis (BEA) is looking to implement a nationwide benchmark survey of all financial institutions. This benchmark wants financial institutions to analyze how their services transcend boundaries. дальше »
2020-2-27 21:21 | |
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After CBS Disaster, News Networks Shouldn’t Host Presidential Debates
After the CBS Democratic debate "disaster" it's time for news networks to just report and broadcast debates, and let other institutions host. The post After CBS Disaster, News Networks Shouldn’t Host Presidential Debates appeared first on CCN.com дальше »
2020-2-26 21:02 | |
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Ripple enhances remittance footprint in the Philippines with Azimo partnership
Ripple's cross-border solution has been quite the rage among banking institutions around the world. Its new partnership with Europe-based digital money transfer service, Azimo, has also confirmed the The post Ripple enhances remittance footprint in the Philippines with Azimo partnership appeared first on AMBCrypto. дальше »
2020-2-26 17:43 | |
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China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
дальше »2020-2-27 13:07 | |
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Sentbe, Hanpass, WireBarley and More Leverage RippleNet to Improve Remittances in Korea
For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays. дальше »
2020-2-27 03:30 | |
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Caitlin Long, Attracting More Wall Street Money to Crypto with Avanti Bank
Caitlin Long, a Wall Street veteran, is joining forces with blockchain firm, Blockstream to launch Avanti Bank, a crypto-focused financial institution that will offer regulated services to institutions working with digital assets, according to a tweet on February 24, 2020. дальше »
2020-2-26 20:00 | |
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G20 Wants Tougher Rules for Cryptocurrencies; Urging Members To Adopt FATF Standards
G20 central bankers and finance ministers want to push for a wider adoption when it comes to the standards compelling crypto exchanges to disclose information about users. After a weekend summit in Riyadh, the Saudi Arabian capital, G20 members of financial institutions said countries haven’t aligned themselves with the international and intergovernmental standards imposed by […] дальше »
2020-2-25 21:46 | |
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This Trillion-Dollar Asset Manager Just Delved Deeper Into Bitcoin & Crypto
While Bitcoin and crypto is largely a movement to disempower institutions and to put power back in the hands of regular people, there has been a space-wide focus on getting institutions involved in this industry. дальше »
2020-2-23 07:04 | |
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In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. дальше »
2020-2-21 04:45 | |
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Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. дальше »
2020-2-20 08:16 | |
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blocknox to offer cryptocurrency custody for institutions
Within Boerse Stuttgart Group, blocknox GmbH takes care of the custody of cryptocurrencies on an escrow basis. The service was established at the end of January 2019 for users of Boerse Stuttgart Group’s crypto app BISON and extended at the end of September 2019 for users of BSDEX. дальше »
2020-2-18 12:59 | |
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