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Crypto Exchanges Can Be Banned By Chilean Banks, Court Order Says
Chile’s Supreme Court has recently ordered crypto exchange OrionX to close all of its active local bank accounts. This decision comes in wake of another order passed by Chile’s High Court that “guaranteed protection” to Orionx and forced local state-owned bank Banco del Estado to allow the firm to operate freely within the nation. “These […] дальше »
2018-12-10 03:16 | |
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Avaloq Intends To Lead The Way In Its New Cryptocurrency Asset Solution System
Avaloq Intends To Lead The Way In Its New Cryptocurrency Asset Solution System The new initiative itself represents a new collaboration between a well know bank based in Switzerland, one of the leading Fintech companies and a top performing cryptocurrency asset firm. дальше »
2018-12-9 00:07 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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Avaloq Spearheads Cryptocurrency Asset Solution Initiative
A leading fintech company, a cryptocurrency asset firm and a Switzerland bank have come together to implement a crypto asset solution for banks and wealth managers. Cryptocurrency Asset Solution for Banks and Wealth Managers According to a press release by fintech company, Avaloq, a Swiss bank, Gazprombank Ltd, cryptocurrency company, METACO, and Avaloq, recently came […] The post Avaloq Spearheads Cryptocurrency Asset Solution Initiative appeared first on Ethereum World News. дальше »
2018-12-7 19:53 | |
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Islamic Financial Institution to Launch Interbank Blockchain Tools
An agreement has been signed between iFinTech Solutions, a Tunis-based fintech firm, and the Islamic Corporation for the Development of Private Sector (ICD), the private sector arm of Islamic Development Bank Group (IsDB), according to its press release. дальше »
2018-12-7 16:26 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Crypto Merchant Bank Galaxy Digital lost $136 million between January and October 2018
Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. дальше »
2018-12-1 22:00 | |
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Malaysian MP ”Concerned About Threat” from Cryptocurrencies
Lim Guan Eng, the finance minister of Malaysia, has warned individuals and companies planning to issue new cryptocurrencies with a stern: “don’t do it”. Addressing parliament on Nov. 26, Guan Eng advised to wait for legal guidance from Bank Negara Malaysia, the southeast Asian country’s central bank. дальше »
2018-11-27 12:43 | |
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Mike Novogratz’s Galaxy Digital Falters In Crypto Bear Market
“It Sucks To Build A Business In A [Crypto] Bear Market” Per an exclusive report from the Financial Times, a Western world-centric media subsidiary of Nikkei Inc. , Mike Novogratz, CEO of crypto-focused merchant bank Galaxy Digital, has directly suffered due to this nascent market’s most recent downturn. дальше »
2018-11-25 21:16 | |
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Singapore Grants RMO License for CapBridge to Operate New Security Exchange
Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018. дальше »
2018-11-24 21:31 | |
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Sovereign Wallet Develops “Algorithmic Central Bank” and “Meta Blockchain” to Mint New Coins Pegged to Bitcoin
Sovereign Wallet Allows Customers To Mint “Meta Coins” That Are Pegged To Bitcoin In another positive piece of news for the crypto community at large, it now seems as though Sovereign Wallet, a crypto-tech firm, has devised a new platform that will allow users to issue their very own ‘value tokens’ as well as convert […] дальше »
2018-11-23 04:10 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Blockchain Boutique to Be Launched by Ping An Bank, Using Blockchain Technology
In an announcement published in People’s Daily on November 20th, Ping An Bank has announced the upcoming launch of a boutique. The subsidiary of the Ping An Insurance Group will use blockchain, the Internet of Things (IoT), and cloud services to me this boutique possible. дальше »
2018-11-21 11:04 | |
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North Dakota Regulator Issues Cease and Desist Order Against Union Bank ICO Fraud
The North Dakota Securities Department, responsible for the enforcement of the securities laws in the U. S. state, has issued a cease and desist order against Union Bank Payment Coin (UBPC) for allegedly promoting a fraudulent initial coin offering (ICO). дальше »
2018-11-21 00:00 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Details of 170,000 Pakistani debit cards leaked on dark web
Last week, we reported that nearly 20,000 Pakistani debit cards were put up for sale on the dark web. Now, cybersecurity firm Group-IB has found out that earlier this week, a new dump of whooping 177,878 appeared on the dark web. дальше »
2018-11-16 18:55 | |
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Ripple Secures More Banking Partners, XRP Holds Second Spot Over Ethereum
San Francisco based blockchain company Ripple has secured another major banking partner in Asia this week. ASEAN’s fifth largest bank, CIMB Group, as announced that it will join RippleNet in order to utilize the firm’s cross border transfer products. дальше »
2018-11-16 13:00 | |
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Germany’s Bitcoin Group SE All Set to Procure 100% Share in Tremmel Investment Bank
As per various trusted media outlets, Bitcoin Group SE has recently acquired a 100% share in German investment institution ‘Tremmel’. With that being said, it is still not clear as to how much money was involved in this deal or when the official paperwork was actually signed. About The Firm Bitcoin Group SE is based […] дальше »
2018-11-14 19:04 | |
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Arba CEO Shares How Bitcoin can Inspire the Creation of a Cryptocurrency Bank
Billy Barhydt believes that it is possible to circumvent the existing regulations and create a cryptocurrency bank. Billy formerly worked at the CIA as a cryptography expert and is the founder of the Abra digital currency investment firm. дальше »
2018-11-14 22:49 | |
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Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification
X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. дальше »
2018-11-14 22:00 | |
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Bitcoin Remains Firms Despite China Reiterating Its Warning About Crypto
The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. дальше »
2018-11-13 21:00 | |
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Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate
The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank. дальше »
2018-11-12 17:59 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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Mining Giant Bitfury Raises $80 Million in Closed Funding Round
Bitfury, a San Francisco-based provider of blockchain infrastructure, has just closed an $80 million funding round led by venture capital firm Korelya Capital, the company announced in a press release on November 6, 2018. дальше »
2018-11-7 19:30 | |
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Damage Control: Tether Limited Announces Partnership With Bahamas-based Deltec Bank & Trust Limited
Tether Limited, the issuer of the Tether (USDT) stablecoin is in self-inflicted damage control mode. The firm announced on Nov. 1st that it was partnering with Deltec Bank & Trust Limited, confirming the rumors that have been going on for a while. дальше »
2018-11-2 16:59 | |
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Tether Announces Relationship With Deltec Bank in the Bahamas
On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. дальше »
2018-11-2 10:00 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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R3 Member Nordea Bank CEO Eulogizes Ripple, XRP and R3 Consortium
The credence which Ripple blockchain technology is garnering in the fintech industry seems not to be signaling any form of deceleration, as the firm got eulogized by the CEO of Nordea Bank, Casper von Koskull. дальше »
2018-10-27 01:40 | |
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National Bank of Canada Trials Blockchain for Standby Letters of Credit
Commercial bank National Bank of Canada is working with IT consulting firm CGI and blockchain startup Skuchain to trial blockchain for operations involving standby letters of credit and guarantees. дальше »
2018-10-23 19:07 | |
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Bank of Canada Runs a Blockchain-based Pilot for a LOC Negotiation Platform
CGI, Group Inc. , a renowned IT, and business consulting firm, announced on October 21 a collaboration with the National Bank of Canada and Skuchain, a blockchain technology company aimed at optimizing the supply chain, in a pilot program to streamline and improve the process for negotiation standby letters of credit and guarantees. дальше »
2018-10-23 15:59 | |
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Russian Cybersecurity Firm Says Hackers Have Stolen $882 Million From Cryptocurrency Exchanges in Almost Two Years
A Russian cybersecurity firm has released reports stating that hackers have stolen $882 million from cryptocurrency exchanges in almost two years. $882 Million and Counting A cybersecurity firm based in Moscow, Group-IB, conducted research which revealed that hackers have stolen up to $882 million from digital currency exchanges. дальше »
2018-10-19 10:52 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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Barclays’ Crypto Trading Desk Put ‘on Ice’ as Competition Heats Up
Barclays has reportedly put plans for a cryptocurrency trading platform on pause, according to sources familiar with the matter. Barclays Puts Crypto Trading Project on Hold U. K. -based multinational bank and financial services company Barclays is said to have frozen a project that would see the firm launching a cryptocurrency trading desk, two sources “familiar with. дальше »
2018-10-16 21:00 | |
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Singapore’s financial regulator wants its banks and blockchains to be friends
Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg. дальше »
2018-10-11 13:52 | |
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Investment Firm Summer Capital From Hong Kong Joins SEBA Crypto AG Fundraising
SEBA Crypto AG, which aims to be the first cryptocurrency investment bank in the world, is looking for a license from the Swiss authorities. Summer Capital, a Hong Kong based firm, is taking a keen interest in the Swiss start-up’s business proposition. дальше »
2018-10-10 21:44 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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Hong Kong’s Summer Capital Makes Investment into Swiss’ SEBA Crypto AG Bank
Summer Capital Joins Swiss Cryptocurrency Investment Bank in Its Series A Fundraising A Hong Kong Firm, Summer Capital, has recently joined SEBA Crypto AG’s Series A Funding, which is its first move in the cryptocurrency space. дальше »
2018-10-9 20:25 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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Summer Capital Joins Swiss Cryptocurrency Investment Bank Fundraising
A Hong Kong firm recently joined Swiss cryptocurrency investment bank, SEBA crypto AG, in its series A fundraising. Hong Kong Firm Keen on Cryptocurrency Investment Banking Summer Capital, a Hong Kong firm, decided to invest in SEBA Crypto AG’s Series A funding. дальше »
2018-10-8 15:23 | |
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Spain’s Banco Santander Takes a Liking to Ripple’s Cross-Border Payments Solution
At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. дальше »
2018-10-5 14:00 | |
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Spain’s Banco Santander Takes a Liking to Ripple’s (XRP) Cross-Border Payments Solution
At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. дальше »
2018-10-4 14:00 | |
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Coinsquare Becomes First Cryptocurrency Trading Platform to Secure Relationship With a Big 5 Canadian Bank
Most cryptocurrency companies operate in the wild west of the financial world, deprived of the security of traditional financial markets. However, Canadian crypto firm Coinsquare is bringing the fiat-based financial world closer to the digital currency sector. дальше »
2018-10-1 05:04 | |
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