2023-3-14 18:18 |
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.
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Australia has executed the first digital bank guarantee on a private blockchain, Lygon, Australian Financial Review (AFR) reports on Feb 9. ANZ And Scenter Group Behind the First Digital Bank Guarantee The digital bank guarantee is between the ANZ Bank and Scentre Group.
2021-2-11 00:00 | |
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The three largest banks in Australia, Commonwealth Bank of Australia, New Zealand Banking Group Ltd. and, Westpac Banking Corp are partnering with Scentre, a Westfield mall owner, to test IBM’s new blockchain-based bank guarantee platform for processing retail financing, reports Reuters on July 4, 2019.
2019-7-5 05:00 | |
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Coinspeaker Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using BlockchainThree of Australia`s giant four banks have partnered with Scentre group and IBM to outstrip the paper-based guarantee technique, designing a blockchain network that will potentially intensify the agreements.
2019-7-4 16:22 | |
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The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.
2019-7-5 11:00 | |
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IBM has launched a blockchain pilot for bank guarantee processes with four Australian financial services firms
2019-7-4 20:07 | |
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German blockchain startup Bitwala has launched crypto banking in Germany. After securing €4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users.
2018-12-13 22:32 | |
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In a report from Kommersant, a Russian business newspaper, the collaborative effort between four different parties will change the way that blockchain is handled. Specifically, the partnership between Gaxprom Neft and Priorbank of Belarus (the Russian subsidiary of Raiffeisen Bank International) are declaring a guarantee on blockchain technology. According to the report, the purpose of […]
2018-11-14 04:58 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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On August 29, 2018, Standard Chartered Bank announced a trial program, in a partnership with Siemens Financial Services and blockchain startup TradeIX, to create an end-to-end blockchain-based bank guarantees solution to facilitate the trade finance process.
2018-9-4 23:00 | |
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The European Securities and Markets Authority (ESMA) has been scrutinizing Maximum Extractable Value (MEV) as a clear example of illegal market abuse under its proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation.
Coinbase believes the SEC is trying to “side-step” the Howey test by avoiding the question of whether a digital asset transaction carrying no post-sale obligations can be an investment contract.
Citing failure to bring Tigran Gambaryan to court, Nigerian court postpones a court hearing in the Binance tax evasion case until June. A Nigerian court has delayed proceedings in the tax evasion case against the Binance crypto exchange, rescheduling the…
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation.
VanEck Head of Digital Assets Research Matthew Sigel said on May 22 that the firm should be able to launch its spot Ethereum ETF before competitors. In a conversation hosted by The Block, Sigel said that VanEck was the first to file its S-1 registration statement and “fully expects” to receive comments and “go first.
The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching crypto regulation bill, with significant bipartisan support despite opposition from the White House and SEC.
Biden opposes the House crypto bill but won't veto it. The White House cites a lack of investor protections in the FIT21 Act. The post White House opposes FIT21, citing concerns over lack of investor protection appeared first on Crypto Briefing.