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Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’
One of Thailand’s oldest banks, Siam Commercial Bank, made news after it previously hinted at the use of XRP token, via a tweet from their official Twitter handle. However, the tweet was deleted a few hours later, with the bank later issuing another statement which said that SCB will not be using XRP, as of […] The post Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’ appeared first on AMBCrypto. дальше »
2019-6-7 17:00 | |
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XRP Bulls Await Ripple Labs’ Bank Partnerships And Collaborative Efforts
Ripple (XRP) sinks 4. 1 percent Collaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternative The casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. дальше »
2019-5-23 21:00 | |
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Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’
Dutch bank ABN AMRO has decided to cancel its plans for a custodial cryptocurrency wallet, called Wallie, claiming that digital assets are “just too risky. ” Back in January, the rumor mill spun into action after images surfaced on Twitter that appeared to suggest Dutch bank ABN AMRO was designing a cryptocurrency wallet. дальше »
2019-5-20 11:30 | |
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AsseStream ICO
AssetStream’s vision is to create a sustainable microfinance platform based on blockchain technology. Inspired by the “International Year of Microcredit”— dedicated by the U. N. back in 2005—and Muhammad Yunus, a Bangladeshi social entrepreneur who was awarded the Nobel Peace Prize jointly with the Grameen Bank in 2006 “for their efforts through microcredit to create economic and social development from below”. дальше »
2019-5-14 03:22 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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An Embarrassing Typo on 400 Million $50 Australian Currency Notes Went Unnoticed for Six Months
By CCN: The Reserve Bank of Australia (RBA) made a serious spelling mistake that was printed on approximately 400 million $50 currency notes, of which 46 million are in circulation, adding up to roughly $1. дальше »
2019-5-13 09:30 | |
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Bitcoin Price Will Triple to $20,000 by 2021: Investment Bank Canaccord
By CCN: Bitcoin is 2019’s best-performing asset thanks to the massive rise in the price of the cryptocurrency, and a growing chorus on Wall Street proclaims that BTC’s terrific momentum won’t be dying out anytime soon. дальше »
2019-5-12 00:30 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Indian Crypto Companies Are Now Helping Thailand’s Banks Instead
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. дальше »
2019-5-8 21:00 | |
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‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble
Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »
2019-5-6 20:00 | |
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Ripple (XRP) Performance Dismal, Central Banks Fight Back
Ripple (XRP) performance dismal, bulls add 1. 3 percent in 24 hours. Despite apparent efficiency, a central bank official said he sees no potential in Ripple An official from Singapore’s MAS is skeptical of Ripple’s capabilities after the country’s Project Ubin linked with Canada’s Project Jasper effecting the first transaction. дальше »
2019-5-3 21:00 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments
Just a few days ago, Ripple’s XRP showed signs it was probably going down. However, the cryptocurrency seems to have survived and is on its way to recovery alongside other top currencies. Several factors may be involved in bringing the asset back up, but one of them must be the recent announcement of a partnership […] The post Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments appeared first on ZyCrypto. дальше »
2019-5-1 21:33 | |
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JP Morgan Chase Bank is Going All In on Blockchain as JPM Coin Looks to Be Just the Start
About a year and a half back, JP Morgan CEO, Jamie Dimon had criticized Bitcoin by calling it a scam while during that time JPM Securities was one of the largest buyers of a Bitcoin-related ETP traded in Scandinavia. дальше »
2019-4-25 19:30 | |
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FinCEN back on the bitcoin beat with civil penalty for peer-to-peer trader
After first issuing cryptocurrency guidance back in 2013, enforcement by the Financial Crimes Enforcement Network (FinCEN) has been out of the headlines in recent years. Now the bureau of the US Department of the Treasury is back on the bitcoin beat and taking action — dishing out a hefty fine to a prolific bitcoin trader accused of wilfully violating the Bank Secrecy Act by failing to register as an exchange. дальше »
2019-4-25 16:00 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
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Afghanistan: A War-Torn Nation Hopes to Revive its Economy with Bitcoin
By CCN. com: A war-torn country left to dust and drabbles is attempting to rise back with dignity. And it plans to use bitcoin as its stick. Afghanistan asserted at a recent Spring Meetings summit that it was looking to issue sovereign bonds to raise $5. дальше »
2019-4-21 13:25 | |
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Domi ICO
Domitai is a Cryptocurrency Exchange in Mexico, a trading platform for digital and traditional currencies between users. Our mission is to change the way commerce and financing is done in Mexico, and work to become one of the top financial institutions in Latam and Worldwide. дальше »
2019-4-15 06:03 | |
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Litecoin Just a ‘Glorified Testnet of BTC?’ Charlie Lee Won’t Take It Lying Down, Fires Back at Novogratz
There is a mini-Twitter war brewing between Litecoin creator Charlie Lee and Mike Novogratz, Bitcoin bull and founder of the crypto merchant bank, Galaxy Digital. The war of words may not be as intense as, say, the one between Justin Sun and Vitalik Buterin, but the topic at the heart of the debate is contentious […] Litecoin Just a ‘Glorified Testnet of BTC?’ Charlie Lee Won’t Take It Lying Down, Fires Back at Novogratz was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-4-5 15:59 | |
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You’ll need a bank account to use UnionBank’s new Bitcoin ATM
UnionBank (UBP), the seventh largest bank in the Philippines officially got itself into the cryptocurrency game this week, but there’s a catch. Users will be required to use a UBP bank account to exchange funds to and from virtual currency. дальше »
2019-4-4 15:10 | |
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Forbes Believes the Next Bitcoin Price Rally Will Be The Result of Central Bank Investments
Bitcoin has gone through many difficulties, but the greatest high it has seen so far was back in December 2017. Unfortunately, the decline led the entire market in a downward spiral, though it has steadied since then. дальше »
2019-3-27 01:19 | |
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BIS Bitcoin Basher Warns Central Banks for Undermining Financial Stability by Issuing Digital Tokens
“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements. дальше »
2019-3-23 04:58 | |
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Athena Blockchain Lawyer Joins Carlton Fields To Help ICO Issuers for Token Litigation Cases
Andrew Hinkes, a blockchain lawyer, has recently decided to help Initial Coin Offering (ICOs) issuers to fight back the system. He was previously the general counsel at Athena Blockchain, a blockchain-based investment bank, and he also was a law professor at the New York University. дальше »
2019-3-23 04:19 | |
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Citibank Scrapes JPM Coin-Like Crypto Token ‘Citicoin’ Platform And Decides To Bet On SWIFT
Citibank Scrapes JPM Coin-Like Platform And Decided To Bet On SWIFT Everybody is talking about JPM Coin right now, the token which was created by the JPMorgan bank. However, do you remember Citicoin? Way back before cryptocurrencies got so famous and Bitcoin was well-known, Citigroup’s Innovation Lab, which is set in Dublin, was trying out […] дальше »
2019-3-19 22:59 | |
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Billionaire Bitcoin Bull Novogratz Sees ‘Next Move Higher’ for Crypto Market
The bitcoin price is holding above $4,000, today’s fractional declines notwithstanding, and the bullish price predictions are back. Michael Novogratz of crypto merchant bank Galaxy Digital is the latest voice to come out of crypto hibernation and tell it as he sees it. дальше »
2019-3-18 17:04 | |
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QuadrigaCX Widow Says CEO Funded Withdrawals Out of Pocket
Gerald Cotten reportedly used his own money to fund customer withdrawals. At the time, the Canadian Imperial Bank of Commerce had frozen their bank accounts, questioning their provenance. His widow, Jennifer Robertson, told Coindesk that while she didn’t have a lot of knowledge as regards his operating the exchange, he had told her that much. дальше »
2019-3-14 01:55 | |
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‘I Don’t Understand!’: Watch Ripple’s CEO Rant Against JPMorgan’s Cryptocurrency
In a Brad Garlinghouse vs. Jamie Dimon crypto showdown, the Ripple chief is not the least bit intimidated by his Wall Street rival. Ripple CEO Unloads on JPMorgan Cryptocurrency at DC Blockchain Summit Garlinghouse was featured as the keynote speaker at DC Blockchain Summit 2019, where he gave a fireside chat with Nasdaq’s Jill Malandrino. дальше »
2019-3-10 01:30 | |
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Dow Carnage: US Stock Market Plunges as Recession Warnings Intensify
The Dow and broader U. S. stock market plunged anew on Thursday after the European Central Bank (ECB) launched fresh stimulus measures to combat a slowing regional economy. The shocking announcement brought recession fears back to the fore as investors continue to navigate a synchronized slowdown in global growth. дальше »
2019-3-8 21:12 | |
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Dow Plummets 250 Points as Europe Floods Economy with Cheap Loans
The Dow Jones Industrial Average plummeted more than 250 points during the first half of Thursday’s trading session. It marks the fourth straight day of decline for US stocks. With a barrage of poor economic data and lack of fresh details on the China trade deal, the Dow is crying out for a catalyst to pump higher. дальше »
2019-3-8 19:53 | |
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Warning: India is Heading Towards Clueless Bitcoin Regulation, Here’s Why
When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. дальше »
2019-3-7 13:35 | |
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India’s Supreme Court Sets 4-Week Deadline for Government to Regulate Cryptocurrency
Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos. дальше »
2019-2-26 11:59 | |
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How to Use Cryptocurrency to Send Money Abroad
The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U. S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. дальше »
2019-2-21 16:05 | |
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Крупный банк Омана перенес переводы на блокчейн. Ripple продолжает конкурировать со SWIFT
Вторая по величине капитализации финансовая организация Омана, BankDhofar, начала работать с технологией RippleNet для осуществления трансграничных транзакций с партнерами в Индии — об этом сообщил Навин Гупта, управляющий директор подразделения компании Ripple в Южной Азии. дальше »
2019-2-19 12:05 | |
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Santander Bank Ordered to Keep Brazilian Bitcoin Exchange Account Open
Brazilian cryptocurrency exchange Bitcoin Max finally won its battle to keep its Santander checking account open. The Battle with the Banks Is An Ongoing Saga Working with banks hasn’t been easy for cryptocurrency exchanges and blockchain startups in most parts of the world. дальше »
2019-2-12 22:00 | |
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San Juan Mercantile Exchange Welcomes Noble Bank Employees and Nasdaq Exec Prior to Launch
Back in November last year, Noble Bank was the subject of many news stories as they were close to bankruptcy. The firm offered both banking and OTC trading services, and they fervently sought a buyer to save them after Bitfinex kicked them to the curb. While the fate of many of the employees is still […] дальше »
2019-2-9 05:17 | |
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Iran Blockchain Community Welcomes Central Bank’s Stance on Cryptocurrencies
The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U. дальше »
2019-2-5 19:00 | |
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Multi-Billion Malaysian Scandal Could See Goldman Sachs’ Top Executives Lose $40 Million in Pay Backs
Goldman Sachs will cut back its top executives’ compensations depending on the consequence of investigation into the bank’s role in a multibillion-dollar Malaysian fund scandal. In a regulatory filing, Goldman announced that its board could reduce or forfeit the stock-based awards granted to its tier-one executives in 2018. дальше »
2019-2-4 09:56 | |
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My Bank App is Better Than Bitcoin for Payments (And That’s Fine)
The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. дальше »
2019-2-3 23:00 | |
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Max Keiser: ‘Bitcoin Is Peer-to-Peer Gold… Fight Me’
In their latest report, Max Keiser and wife Stacy Herbert kick off by discussing a recent note by JPMorgan to its clients. One of the most corrupt institutions of our time proclaims that cryptocurrencies would only have value in a ‘dystopian economy’ in which investors had ‘lost all confidence in all major reserve assets. дальше »
2019-2-2 23:00 | |
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Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia
Cryptocurrency mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million to do it. The Series B funding round was raised from SBI Crypto Investment, a subsidiary of Japanese financial giant SBI Holdings. дальше »
2019-1-26 20:04 | |
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BOE Senior Adviser: Cryptocurrencies Fail Fundamental Financial Services Tests
The emerging cryptocurrency sector – still fighting for worldwide approval from regulators, politicians, and financiers – got a mild kick in the back when Huw van Steenis, senior adviser to Mark Carney, the governor of the Bank of England (BoE) said cryptocurrencies fail fundamental tests of financial services. дальше »
2019-1-21 20:04 | |
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Living on Bitcoin Day 4: The Uphill Climb
This is the fourth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 and on Day 3. дальше »
2019-1-19 00:10 | |
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Living on Bitcoin Day 3: Brother, Can You Take a Sat?
This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2. дальше »
2019-1-18 00:05 | |
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Cryptocurrency Investors in India Are Fighting Back in the Name of Having Their Bank Accounts Closed
India, the land of one of the oldest civilizations, has existed for thousands of years. To survive for so long, one needs great tenacity and a certain acceptance of fate. There is also an ability that is colloquially known as ‘jugaad,' the closest English equivalent is a hack. So when Banks in India started to […] дальше »
2019-1-17 20:01 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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