2018-7-24 05:00 |
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms. origin »
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The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system.
2020-6-17 11:57 | |
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According to Reuters, the Bank of England recently updated its payment system which will now be compatible with blockchain-based and fintech applications. For a considerable period, the central bank has been implementing radical changes to its Real-Time Gross Settlement System (RTGS) to improve its efficiency and comply with the latest technological advancements. The RTGS forms […]
2018-7-25 02:43 | |
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The Bank of England’s updated payments system will be compatible with blockchain-based financial technology forms, Reuters reported Monday. This would enable these businesses to use the system directly, rather than through a proxy of a large bank.
2018-7-24 08:16 | |
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Barclays Bank is the latest in a long line of companies that have filed blockchain-related patents as they seek to gain an edge on the newest technology frontier. The London-based financial services giant filed the two patents with the U.
2018-7-21 16:00 | |
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Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.
2018-7-21 13:10 | |
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JP Morgan Chase, a major investment bank and financial services provider, is turning to blockchain technology once again. A patent describing their new blockchain application was made public today. This time, the firm has plans to handle IPOs in much same the way that ICOs currently operate. IPOs, or initial public offerings, are events in […]
2018-7-21 04:25 | |
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Institutional bank Wells Fargo applied for a token-based patent on July 17, 2018, detailing a tokenization system method that protects customer data. Bank Addresses Tokenization Benefits According to a filing published by the U.
2018-7-20 15:00 | |
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JP Morgan Chase, a major investment bank and financial services provider, is turning to blockchain technology once again. A patent describing their new blockchain application was made public today.
2018-7-20 05:45 | |
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Well Fargo Wants to Patent a Tokenization System for Protecting Data Wells Fargo, the San-Francisco-based bank recently filed a patent that outlines a tokenization system, which they will utilize to protect data.
2018-7-18 20:21 | |
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San-Francisco-based bank Wells Fargo has filed a patent for a tokenization system that would protect sensitive data in a flexible and content-neutral manner
2018-7-18 15:22 | |
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In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry.
2018-7-17 15:00 | |
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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 09:27 | |
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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 23:54 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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The Bank of Canada (Banque Du Canada) have published a report off the back of a two-year study into Bitcoin in Canada. The report, named ‘Bitcoin Awareness and Usage in Canada: An Update’ by Christopher S.
2018-7-13 15:30 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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Two leading blockchain technology players, BitUN and Bitrabbit have entered into a strategic cooperation agreement. The agreement will see both parties conduct long-term and in-depth cooperation on various aspects such as funds custody, funds settlement and user system to fully integrate the superior resources of technologies, products and services to provide the most secure and […]
2018-7-12 12:40 | |
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One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system.
2018-7-10 16:19 | |
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The Industrial and Commercial Bank of China (ICBC), one of China’s “Big Four” state-owned commercial banks and one of the world’s largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets.
2018-7-9 16:35 | |
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ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.
2018-7-9 15:00 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 11:26 | |
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CTO of CoinBase, Balaji S. Srinivasan, and co-founder of Counsyl, as well as Teleport, Earn and CoinCenter released a tweet on his response to the Bank of International Settlements’ extreme warnings on cryptocurrency trading, even stating that digital commerce will bring the internet crashing to a halt. He responded to the group’s tweet warning, saying, […]
2018-7-9 11:03 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 09:46 | |
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South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks.
2018-7-9 08:15 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-9 19:37 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-5 19:37 | |
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QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. The project will be based on the classical investment bank model but will operate on global cryptocurrency markets.
2018-6-30 07:33 | |
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QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. Russia’s First Cryptocurrency Investment Bank The new company — which will operate under the brand-name HASH — will be registered in Russia, reports Russian news outlet Kommersant.
2018-6-30 05:00 | |
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According to an executive at the Dutch financial institution ABM AMRO Bank, the banking system that we currently know may be overthrown by blockchain technology. The company is already working with financial institutions that use Hyperledger technology with the intention to offer new financial services and products, including the tokenization of securities. An executive of […]
2018-6-30 23:49 | |
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The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
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One of the 12 regional Reserve Banks in the US central banking system, The Federal Reserve Bank of St. Louis, have added four cryptocurrencies to its database. Bitcoin, its off-spring from a fork, Bitcoin Cash, Litecoin, and Ethereum are the four cryptocurrencies which were chosen and daily data on their prices will be listed on […] The post Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it appeared first on ZyCrypto.
2018-6-28 17:44 | |
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According to the latest report published by economic researchers from the KIEL Institute of World Economy, the issuance of digital currencies by a central bank would prove to be more beneficial for a healthy and stable financial system.
2018-6-28 17:10 | |
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Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27.
2018-6-28 09:01 | |
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Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, is planning to work with regulators in Abu Dhabi to develop a cross-border trade finance system that is built with distributed ledger technology (DLT).
2018-6-27 12:35 | |
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An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies, but highlighted the risks of volatility in the crypto market.
2018-6-27 23:00 | |
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The Digital Currency Research Lab at the People’s Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a digital currency combining the core features of cryptocurrency and the existing monetary system.
2018-6-26 18:45 | |
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The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system.
2018-6-26 17:00 | |
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At a time when blockchain technology is disrupting the various systems in the global economy, the Bank of England too has caught the distributed ledger technology fever and is now looking to integrate the groundbreaking technology into its Real Time Gross Settlement (RTGS) system.
2018-6-24 00:30 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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The Bank of England is planning to rebuild its Real Time Gross Settlement (RTGS) system so that it can interface with private business and platforms using distributed ledger technology (DLT), the bank’s Governor Mark Carney announced in a speech June 21.
2018-6-23 07:19 | |
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The Bank of England will rebuild its Real Time Gross Settlement system to interface with platforms using distributed ledger technology
2018-6-23 06:11 | |
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The Central Bank of Brazil [BCB] and other regulators of the Brazilian Financial System [SFN] have decided to use the blockchain based technology platform – Information Integration Platform for Regulators [PIER].
2018-6-23 04:32 | |
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According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create.
2018-6-21 02:28 | |
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Brazil’s Central Bank (BCB) has announced the birth of its first blockchain project developed set to be rolled out at the end of the year. The Information Integration Platform for Regulators (Pier), the new system developed by the BCB’s IT Department (Deinf) will now be used by the central bank to send and receive information […] The post Central Bank of Brazil To Use Blockchain For Sharing Information appeared first on ZyCrypto.
2018-6-21 22:42 | |
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Spanish banking consortium to introduce blockchain registration system for clients by the end of this year
2018-6-19 01:18 | |
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Bank of Canada implies blockchain technology is no magic remedy for banking
2018-6-15 23:47 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect
2018-6-14 13:54 | |
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So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its
2018-6-13 07:25 | |
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One of the largest privately held commercial banks in China has completed the issuance of securities worth $66 million via blockchain.
Bitstamp, bitFlyer, Bittrex and Gemini launched a self-regulatory organization (SRO) for crypto exchanges on Monday.
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.
SBI Holdings is making a new round of investment in a cryptocurrency exchange that's under increased scrutiny from the country's financial regulator.
A cryptocurrency dealer is being prosecuted in the U.S. for allegedly committing 30 counts of money laundering involving bitcoin.
Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.
A bomb threat was sent on Saturday to Kryptovault, a Norwegian cryptocurrency mining company, for disturbing the peace.