2020-6-6 23:56 |
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent.
2020-6-6 19:50 | |
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The Office of the Comptroller of the Currency (OCC), may be looking to bridge the gap between cryptocurrencies, blockchain technology, and traditional banking institutions. The financial regulator recently issued an Advance Notice of Public Rulemaking (ANPR).
2020-6-5 16:28 | |
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The Avanti Financial group has announced the end of its funding round, having raised close to $5 million in angel investor funding, marking milestones in their journey towards obtaining a banking charter.
2020-6-4 22:35 | |
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The RBI’s response follows several complaints that some banks were refusing to offer banking services to crypto exchanges and related businesses The Reserve Bank of India (RBI) has clarified that it doesn’t prohibit banks and other financial services providers in the country from dealing with, or providing, bank account services to cryptocurrency exchanges.
2020-5-27 19:59 | |
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When Libra was announced back in 2019 with financial inclusion [banking the unbanked] as its main vision, it created fear among the central banks. As Libra made the headlines across various countries The post Is Bitcoin likely to lose out as the Libra 2.
2020-5-26 00:00 | |
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The financial crisis exposed by the Covid-19 pandemic has worsened financial vulnerabilities across the world. A new report from the IMF has shown three potential weak spots that can amplify the financial conditions, causing more instability or a worsened financial crisis.
2020-5-24 00:57 | |
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Is DeFi capable of banking the unbanked? What is the future of DeFi? While DeFi has seen significant developments in the reshaping financial system, there hasn't been much talk about progress on finanThe post Bitcoin advocate: DeFi's financial inclusion goal 'isn't unachievable but might take a decade' appeared first on AMBCrypto.
2020-5-17 20:00 | |
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According to a press release issued on May 15, 2020, Singapore-based group of technology companies Anquan Capital Pvt. Ltd. – responsible for the launch of the high-throughput network Zilliqa (ZIL) – has joined forces with the fintech arm of German bank WEG Bank AG to explore blockchain applications for banking and financial services.
2020-5-19 14:00 | |
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Your guide to Consensus: Distributed, Day 3: FATF, DeFi and why Bitcoin is still king.
2020-5-13 16:50 | |
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Cryptocurrencies are for those who want to avoid prying eyes and there is no financial privacy in traditional banking whatsoever; at least that's what crypto-proponents say. In a recent podcast, Kate The post Could Bitcoin's rising price be the roadblock to its mass adoption? appeared first on AMBCrypto.
2020-5-9 11:00 | |
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Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking.
2020-5-7 16:55 | |
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According to the Nikkei newspaper, SMFG will acquire a 20% stake in an SBI Holdings subsidiary to facilitate the partnership
2020-4-28 04:26 | |
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For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days.
2020-4-21 00:30 | |
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The 2008 financial crisis that came about from a mortgage default-driven housing market collapse still lives strong in the memory for most — especially Bitcoiners. It was this crisis that inspired Satoshi Nakamoto to create Bitcoin as a hedge against similar catastrophes from centralized banking systems in the future.
2020-4-7 01:10 | |
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KB Kookmin Bank, South Korea’s largest bank, is planning to launch a crypto custodial service known as KB Digital Asset Custody (KBDAC). The entry of the South Korean financial giant into the crypto market could spark widespread adoption across financial institutions in the country.
2020-3-28 22:00 | |
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HSBC, one of the largest financial services institutions in the world, has announced that it has stored $10 billion private placement records on the R3 Corda blockchain and the firm has made it clear that it plans to tokenize these private placements in the near future, according to reports on March 27, 2020.
2020-3-27 20:00 | |
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In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry.
2020-3-25 17:15 | |
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The Financial Services Agency (FSA), Japan’s premier regulator for securities, banking, and insurance, has announced the Blockchain Governance Initiative Network (BGIN) as a means of gathering stakeholders so they can broaden their understanding of the technology and implement it in a sustainable manner, as reported by Finextra, March 11, 2020.
2020-3-12 22:00 | |
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Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin.
2020-3-8 17:11 | |
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Last Wednesday, SIX, the Swiss provider of exchange services, financial information and banking, and blockchain asset trading platform Omniex signed a partnership agreement. The partnership will provide a gateway to digital exchanges (including cryptocurrency exchanges) and OTC market makers worldwide for SIX and its clients.
2020-2-27 22:40 | |
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Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers operating in the industry.
2020-2-26 08:45 | |
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Morgan Stanley confirmed Thursday that the investment banking giant is buying E*Trade Financial Corp. in a $13 billion deal, reported the Wall Street Journal. This deal marks the biggest takeover by a major US bank since the 2008 crisis.
2020-2-20 18:38 | |
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Mode, a bitcoin banking app, announced today it has selected BitGo, a provider of digital asset financial services, as its storage solution and custody provider. The Mode app allows users to purchase bitcoin, fund their accounts with Sterling (GBP), with EUR funding coming soon.
2020-2-20 22:58 | |
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Banking industry veteran, Kahina Van Dyke, who served as Senior Vice President, Business and Corporate Development at Ripple, announced joining financial services company, Standard Chartered on 19th FThe post Ripple's former SVP, Kahina Van Dyke joins Standard Chartered appeared first on AMBCrypto.
2020-2-19 16:00 | |
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DAG Global says it's had no "red flags" raised in discussions with British financial regulators.
2020-2-10 18:00 | |
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Biz Stone, the Medium & Twitter co-founder has invested in a financial services company called Mode. The company has just released a BTC (Bitcoin) banking application for use in iOS gadgets. The UK-based firm said that the application will be available globally, but users in the United States would not have access to it yet. […]
2020-2-5 21:05 | |
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Ramp, a Warsaw-based crypto payment gateway, announced it has received an Open Banking License in Europe. The firm was authorized by The Polish Financial Supervision Authority (KNF). The license will allow for faster, simpler and cheaper processing of crypto transactions for users in the European Union.
2020-2-4 10:17 | |
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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.
2020-2-1 03:30 | |
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DeFi in a nutshell What is Decentralized Finance? Decentralized Finance, short DeFi, stands for the combination of classic financial concepts and products, as they are known from the banking industry, with blockchain technology.
2020-1-31 16:55 | |
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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 […]
2020-1-31 02:12 | |
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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.
2020-1-31 23:00 | |
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With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto.
2020-1-28 09:18 | |
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Blockchain usecase in insurance: Blockchain is a huge distributed ledger technology that is widely being adopted for implementation in various fields of work. Presently, a lot of applications of blockchain have been identified in the financial and banking industry.
2020-1-25 10:30 | |
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The Monetary Authority of Singapore (MAS) has recently issued a warning to financial institutions after 4 high-risk bugs were found in Microsoft’s Windows system. Windows-Based Banking Machines Pose Risks for Attack The Monetary Authority of Singapore (MAS) has warned of critical risks to legacy financial systems after Microsoft announced a patch of 49 bugs found in its Windows 7 system.
2020-1-21 20:55 | |
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The advancements in the IT industry allowed for banking methods like Bitcoin to thrive in the online casino market, offering online casino goers the possibility to make their deposits in the most convenient way without the risk of exposing any of their financial information to unwanted third parties.
2020-1-20 13:30 | |
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Telegram ordered by Southern New York District Judge, Kevin Castel, to reveal all relevant financial information from its GRAM token sale including all banking records and details by February 26th this year.
2020-1-14 18:55 | |
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Reportedly 60% of blockchain adoption and innovation is happening in the Banking, Financial Services, and Insurance space. The conference will bring together the top innovators and industry experts leThe post Clavent Coming up with Blockchain 3.
2020-1-14 07:30 | |
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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.
2020-1-10 14:00 | |
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International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis.
2020-1-7 19:55 | |
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Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events.
2019-12-30 13:30 | |
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Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory.
2019-12-27 15:00 | |
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Following the recent freezing of around US$9 million of donations to the Hong Kong protest movement, demonstrators have now turned their attention towards financial censorship. With hostility against the banking industry rising, Bitcoin, as a censorship resistant asset, may well stand to benefit.
2019-12-25 23:00 | |
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The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse.
2019-12-18 13:30 | |
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The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast.
2019-12-14 08:00 | |
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SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019.
2019-12-12 13:43 | |
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In September, Spanish banking giant Santander became the first financial entity to manage all aspects of a bond on a public blockchain. The $20M bond on the Ethereum blockchain has now accrued its first quarterly interest.
2019-12-11 02:05 | |
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Leading open banking platform provider, Token. io, today announced the formation of M10 Networks, a new spin-out company focused on developing digital money solutions. Token will continue to consolidate its leadership in open banking infrastructure, where its popular market platform enables developers and banks to create innovative and trusted financial experiences through enhanced connectivity to global […] CryptoNinjas: Token.
2019-12-11 15:02 | |
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Conceived as an alternative to traditional financial and banking solutions, cryptocurrencies have come a long way. However, despite mainstream recognition, there remain many, both in governments and mThe post Nigeria's Bitcoin interest flies in the face of Central Bank's caution appeared first on AMBCrypto.
2019-12-9 18:06 | |
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A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management.
2019-12-1 20:31 | |
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Among the 300 finance professionals surveyed across 45 countries, 97% believe that blockchain will play a crucial role in faster payment systems within the next three years.
“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones.
Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States.
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each […] The post Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% appeared first on Bitcoin News.
Last week, Frenching bank Societe Generale revealed that it has issued a security token-like bond on ethereum. But rather than using a private iteration, SocGen used the public blockchain.