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RippleNet’s Multi-hop Feature Debuts With Thailand’s SCB
The global financial network relies on the Belgium-based SWIFT network to manage payments. While the system is the most reliable solution for banking entities around the world, cross-border payments are still a problem with several banks. дальше »
2018-10-2 20:19 | |
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UBS Banker-Run Regulated Crypto Bank has Bitcoin ETF Level Importance for Budding Crypto Industry
The former UBS executives of Swiss multinational investment bank raised $104 million this week to start the first regulated crypto bank. Launching such a fully licensed and regulated digital currency kind of a bank could prove just as vital as having a Bitcoin exchange-traded fund (ETF). ETF Vs Bank In the last nine months, even […] дальше »
2018-9-29 20:19 | |
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How Regulated Crypto Bank Operated by UBS Bankers May be as Important as ETF
This week, former Swiss multinational investment bank UBS executives raised $104 million to launch the first regulated crypto bank. The launch of a fully regulated and licensed cryptocurrency-focused bank could be as important as a Bitcoin exchange-traded fund (ETF). дальше »
2018-9-28 11:00 | |
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Swiss Startup Raises Over $100 Million To Create Hybrid Cryptocurrency And Fiat Bank
If successful, the new bank could provide the cryptocurrency industry with in-demand banking services while simultaneously helping it integrate with the traditional banking sector.
дальше »2018-9-28 21:56 | |
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The Bank For International Settlements On Why Regulation Is Good News For Bitcoin
We always discuss Bitcoin regulation as a good thing. Generally, like many others within the community, Bitcoin regulation is seen as the next step towards adoption. Whilst many would like Bitcoin to remain as a channel for investment and as a product that can offer huge returns, many more do believe that the future for Bitcoin is within adoption and that adoption can only come through regulation. дальше »
2018-9-25 15:30 | |
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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world. дальше »
2018-9-27 21:21 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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Five Major Banks Penalized in State Funds Theft Case in Kenya
Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning. дальше »
2018-9-19 15:30 | |
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The Chinese Are still Hungry for Bitcoin. Will They Break the Bank all over again?
Lately we have been trying to predict big finance houses’ arrival into the world of cryptocurrencies, but we are neglecting the equally important factors linked to the current situation in this market, which could rock the boat much earlier than that. дальше »
2018-9-15 22:00 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Ripple’s New MoneyTap App Could Dominate Japanese Bank Transfers
The payments network Ripple could be about to pick up a large share of the Japanese currency transfer market. The firm is looking to launch the MoneyTap application with support from the SBI Ripple Asia Japanese Bank Consortium later this year. дальше »
2018-9-13 18:30 | |
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U.S. SEC Suspends Trading for Two Swedish-Based Crypto ETNs
Two securities, one that tracks bitcoin and another that tracks the cryptocurrency ether, have been temporarily halted by a U. S. regulatory watchdog due to investor confusion. дальше »
2018-9-11 22:01 | |
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Pigzbe Crypto Wallet ICO (Wollo WLO) Gets $7.2 Million in Funding For Blockchain Piggy Bank Project
The Pigzbe Wallet Hits $7. 2 Million in Funding for ICO Pigzbe, which is a digital ‘piggy-wallet’ that runs on a native crypto coin called the Wollo, recently, hit $7. 2 million in total funding through an ICO. дальше »
2018-9-9 06:39 | |
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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat
Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. дальше »
2018-9-7 23:38 | |
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Reserve Bank of India Could Be Softening Its Stance Towards Cryptos
India’s crypto community was shocked when the Reserve Bank of India (RBI) issued a circular on April 6, 2018, which prohibited banks and other financial institutions from providing any crypto-related service, revealing the RBI’s anti-crypto stance. дальше »
2018-9-4 14:29 | |
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Central Bank of India Expresses Interest In State Backed Digital Currency
The Reserve Bank of India (RBI), India’s central bank, is expressing interest in introducing a rupee-backed digital currency, the Financial Times reports. The RBI is currently facing financial strain due to the complexities of managing paper currency, and has consequently formed an inter-departmental group to determine if a state-backed digital currency could cut down costs. дальше »
2018-9-1 02:44 | |
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Reserve Bank of India Fears P2P Cryptocurrency Trading Could Harm the Economy
Cryptocurrencies could affect the transmission of India’s monetary policy if some trading migrates from the traditional exchange-based route to the peer-to-peer (P2P) mode, says the Reserve Bank of India (RBI) in its annual report published Wednesday, Aug. дальше »
2018-8-31 11:04 | |
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CONFIRMED Reserve Bank Of India Interested In Crypto After All
After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country. дальше »
2018-8-31 08:00 | |
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A South African Township Is Becoming the New Gold Mine for Bitcoin
In several African nations, sending money to friends and family is difficult. Using bank accounts could be easy, but it takes days, sometimes even weeks, for transactions to clear. A new CNBC documentary is exploring the nuances of this emerging market and how exactly it is used to make the underbanked communities of the continent […] A South African Township Is Becoming the New Gold Mine for Bitcoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-28 21:28 | |
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India’s Central Bank Forms New Research Unit to Study Cryptocurrency, Blockchain and AI
The Reserve Bank of India (RBI), the nation’s central bank, has formed a new research group focusing on emerging technologies like cryptocurrency, blockchain and artificial intelligence, the Economic Times reports. дальше »
2018-8-28 23:07 | |
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UK Bank Deal and No-Deal Brexit News Could Be a Bullish Bitcoin Catalyst
The options are becoming increasingly thin when it comes to Brexit negotiations, and the UK is tightening the noose as it publishes a new report regarding a no-deal scenario. There are a number of consequences that would come as a result of a clean break from the EU: companies would suffer from a new wave […] дальше »
2018-8-26 19:16 | |
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IoT Hackers Could Hit a New Low By Targeting Water Supplies
By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. дальше »
2018-8-23 22:00 | |
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A New Central Bank Digital Currency is Coming to Thailand
Thailand could be the next country to unveil a central bank backed cryptocurrency following the footsteps of Venezuela, Tunisia, and Senegal. According to a Tuesday press release, the Central bank of Thailand is well on track to complete the first phase of a proof-of-concept trial for the new digital currency and hopes that this will […] The post A New Central Bank Digital Currency is Coming to Thailand appeared first on ZyCrypto. дальше »
2018-8-23 20:19 | |
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Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts
In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. дальше »
2018-8-18 23:22 | |
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U.S. Investors Can Now Buy a Bitcoin Exchange-Traded Note
American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report. дальше »
2018-8-16 22:09 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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Analyst: Renewable energy will be ‘effectively free’ by 2030
Analysts at Swiss investment bank UBS believe that by 2030, we could all be living without much of a carbon footprint — at least at home. The analysts believe that the cost of renewable energy will continue to dive heading into the next decade, and that by 2030, costs will be so low they will “effectively be free,” according to new research published this morning in the Financial Times (paywall). дальше »
2018-8-14 03:58 | |
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Goldman Sachs Considers Offering Cryptocurrency Custody Services
New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds. дальше »
2018-8-7 12:00 | |
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Coinbase Seeks Online Merchant Crypto Adoption by the Millions
Adoption news keeps flowing this week, from Wall Street to Australia, and now San Francisco. The United States largest cryptocurrency bank, Coinbase, announced it is expanding its commerce section to include Woo Commerce via a plugin downloadable from Github. дальше »
2018-8-6 08:45 | |
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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done
This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. дальше »
2018-8-5 16:08 | |
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Citibank Are Exploring Crypto, Will They Be The First Major Bank To Adopt Bitcoin?
Citibank are one of the world’s most renowned banks and financial services companies. Founded in 1812 in New York, the bank now operates worldwide with more than 2000 employees and a number of subsidiaries across Asia. дальше »
2018-8-3 17:30 | |
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Crypto Might Be Banned In India, But It’s Not Stopping Ripple From Taking Over
The Reserve Bank of India (RBI) have established regulations that mean cryptocurrency trading in India is essentially banned. This ban is now a part of a larger case that is currently being passed around the courts. дальше »
2018-8-3 13:30 | |
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UBS: Bitcoin Is As well ‘Temperamental and Constrained’ to Capacity as Cash
Investment bank UBS thinks bitcoin is neither money nor a viable asset class – not yet at least. Published by UBS strategists, the report concludes that bitcoin “falls short of criteria that need to be satisfied to be considered money. дальше »
2018-8-3 11:05 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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An Australian Blockchain Experiment: Tracking Global Almond Shipments
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. дальше »
2018-7-31 23:13 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Barclays And Citibank Could Move Into Cryptocurrency With New IBM Guidance
Barclays Bank and Citibank are two of the big firms associated with a new blockchain trial managed by tech giants, IBM. IBM are no strangers to blockchain technology, after building up an entire research focus based around blockchain technology, this latest development see’s a number of well established financial service providers working alongside IBM to pilot new blockchain trails that could in turn help to see the likes of Barclays Bank and Citibank further explore the potential that cryptocurrency has to offer their companies. дальше »
2018-7-30 16:00 | |
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Australian bank used blockchain to ship 17,000 kilos of almonds to Germany
The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000 pounds) of almonds using a private blockchain built on the Ethereum network. дальше »
2018-7-30 14:54 | |
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Canada Backs Central Bank-issued Crypto to Bring Economic Gains
An economic and crypto researcher at the Canda’s central bank says that the existence of CBDCs could provide better flexibility in creating monetary policies. Banking institutions from around the globe and other financial agencies have been largely promoting the idea of Central Bank-backed Digital Currencies (CBDCs). Off lately we have been seeing a lot of дальше »
2018-7-28 23:03 | |
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Canada Backs the Idea of Central Bank-issued Crypto Amid its Potential to Bring Economic Gains
An economic and crypto researcher at the Canda's central bank says that the existence of CBDCs could provide better flexibility in creating monetary policies. The post Canada Backs the Idea of Central Bank-issued Crypto Amid its Potential to Bring Economic Gains appeared first on CoinSpeaker. дальше »
2018-7-27 21:12 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country. дальше »
2018-7-26 16:30 | |
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The Bank Of England Could Use Bitcoin To Toughen Up The Banks Defences
Whilst The Bank of England continue to explore the potential behind blockchain technology and cryptocurrency, as a part of the UK Crypto taskforce, we wish to explore some of the implications this sort of technology could have for The Bank of England specifically. дальше »
2018-7-23 17:00 | |
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EU Study: Central Bank Digital Currencies Will Reshape Crypto Markets And Limit Competiton
Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. The post EU Study: Central Bank Digital Currencies Will Reshape Crypto Markets And Limit Competiton appeared first on CoinSpeaker. дальше »
2018-7-23 16:26 | |
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EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market
A study issued by the European Parliament Committee on Economic and Monetary Affairs suggest that gov’t issued cryptocurrencies could be a “remedy” for a lack of competition policy in the crypto sector дальше »
2018-7-23 20:47 | |
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