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Texas Financial Watchdog May Recognize Stablecoins as Money for Licensing Purposes
A memo from the Texas Department of Banking considers treating stablecoins as money under the Texas Money Services Act
дальше »2019-1-5 03:56 | |
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China Banking Association Develops Blockchain Platform For Trade Finance
The new platform, intended to improve financial services related to trade finance, has already successfully put an inter-bank letter of credit on a blockchain.
дальше »2019-1-5 00:50 | |
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Dutch Banking Group ING Eyes Blockchain-Based Initiatives in 2019
ING Group, the Dutch multinational banking and financial services corporation, is bullish on blockchain technology and the innovations it… The post Dutch Banking Group ING Eyes Blockchain-Based Initiatives in 2019 appeared first on Invest In Blockchain. дальше »
2018-12-31 07:04 | |
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Dutch Banking Group, ING Eyes Blockchain-Based Initiatives in 2019
ING Group, the Dutch multinational banking and financial services corporation is bullish on blockchain technology and the innovations it… The post Dutch Banking Group, ING Eyes Blockchain-Based Initiatives in 2019 appeared first on Invest In Blockchain. дальше »
2018-12-29 07:04 | |
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Nano is a Much Better Option for Banks Than XRP. Colin LeMahieu Explains Why
Although Ripple Labs has managed to consolidate its blockchain as the one preferred by cross-border banking and money transfer services, not everyone within the ecosystem believes that it is the best option to fulfill what it offers. дальше »
2018-12-23 03:42 | |
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Chatter Report: Antonopoulos Criticizes KYC, Kasireddy Claims Decentralization Not Always Better
Criticism is the overarching theme of today’s crypto chatter roundup. Andreas Antonopoulos vehemently opposes mandatory KYC to access banking services. Also, Preethi Kasireddy calls for cryptocurrency users to rethink decentralization. дальше »
2018-12-20 21:00 | |
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New Banks Enter the Crypto Market Offering Services to Different Companies in the Space
In general large banking institutions and players have remained far from the cryptocurrency market. These institutions tend to believe virtual currencies are a threat to their reputation and business. дальше »
2018-12-20 19:29 | |
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Maltese Blockchain Bank Set to Start Operations by Mid-2019
CoinSpeaker Maltese Blockchain Bank Set to Start Operations by Mid-2019 Malta may soon launch a bank that will allow cryptocurrency startups get an access to banking services earlier available only for companies outside the crypto industry. дальше »
2018-12-19 00:59 | |
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Securities Investor Protection Corp (SIPC) Shares ‘Serious Concerns’ On Robinhood’s New Banking Service
The SIPC Has “Serious Concerns” About Robinhood’s New Banking Service Robinhood is a promising fintech startup that aims to disrupt the banking sector. However, the Securities Investor Protection Corp (SIVP) recently released a statement expressing concern about one part of Robinhood’s services. дальше »
2018-12-15 03:51 | |
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Robinhood Disrupts Traditional Banking Offering 3% Interest on Saving Services
CoinSpeaker Robinhood Disrupts Traditional Banking Offering 3% Interest on Saving Services The traditional banking system has ‘fleeced’ their unsuspecting customers through hidden charges on most services. дальше »
2018-12-14 14:31 | |
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Crypto Friendly Revolut Granted European Banking License
Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services. дальше »
2018-12-14 02:00 | |
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Digital Currency Platform Revolut Receives European Banking License
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. дальше »
2018-12-14 23:35 | |
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Blockchain payment wallet Zeux to support Hedera’s HBAR token
CryptoNinjas Today, Zeux, a disruptive company which seeks to integrate several key financial services including payments, banking and investment into one app, announced that it will list Hedera’s HBAR tokens, once openly available, in its digital payment wallet,. дальше »
2018-12-13 08:47 | |
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Good Money gets $30 million Series A financing led by Galaxy Digital’s EOS VC Fund
CryptoNinjas Good Money, a digital banking platform to be owned by its customers, featuring online and peer to peer banking services, announced today they have raised $30 million in Series A funding led by Galaxy Digital via. дальше »
2018-12-11 05:51 | |
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Gazprombank Announces Launch of Crypto Custody Service By Mid-2019
Gazprombank, the banking division of Russian giant Gazprom is working with Avaloq and Metaco to provide crypto asset custody services for institutional clients next year. According to an official press release issued on 6 December, METACO expressed that the strategic decision is part of a joint effort that has been going on for some time. дальше »
2018-12-10 04:19 | |
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IBM blockchain head Jesse Lund:”Focus on the current buying opportunity, like most of the banks are quietly doing”
Jesse Lund is the Head of Blockchain Solutions, Financial Services at IBM. He leads IBM’s blockchain market development, digital currency strategy, solutions engineering and client engagement for banking and financial services. дальше »
2018-12-9 04:07 | |
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WORBLI Launches 1 Billion Token ShareDrop to Bring Blockchain banking to the Masses
WORBLI, a decentralized fintech platform built on the EOS blockchain is determined to deliver the first-ever compliant financial services network (FSN). While distributed ledger technology, also known as blockchain technology has a lot of potentials to revolutionize the global economy, there are however many problems hampering its widespread adoption, including compliance, regulation and more. дальше »
2018-12-8 22:44 | |
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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions
Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. дальше »
2018-12-7 20:30 | |
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Bringing Blockchain Banking to the Masses: WORBLI has Begun its 1,000,000,000 Token ShareDrop Event
Bitcoin Press Release: Decentralized fintech platform WORBLI is leveraging the EOS network to deliver the first compliant financial services network (FSN) in the world, built on blockchain technology. дальше »
2018-12-6 13:54 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Wyoming Passes Blockchain Bank Bill Despite Industry Opposition
Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. дальше »
2018-12-3 00:00 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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Blockchain CEO faces 120 years in prison for $4M cryptocurrency scam
The CEO of blockchain startup AriseBank, Jared Rice, is facing up to 120 years in prison for duping numerous investors out of $4 million in a cryptocurrency scheme. Rice promised his cryptocurrency would offer Visa-like functionality, but instead he spent investors’ Bitcoin on hotels and clothes. дальше »
2018-11-29 14:43 | |
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Zero Fees and Interest-free Loans in Decentralized Credit Networks
Blockchain can disrupt the traditional banking industry, enabling new business models, and making the traditional financial infrastructure more efficient. Decentralized financial networks are based on smart contracts and P2P services which replace banks as a trusted party. дальше »
2018-11-29 21:11 | |
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Crypto Custody Essential For Goldman Sachs to Enter Markets
Holding onto and storing digital assets for clients has become one of the key criteria in offering crypto services, at least according to Goldman Sachs. The Wall Street banking giant said that it is not any closer to offering cryptocurrency products amid this year’s bear market according to Bloomberg. дальше »
2018-11-28 16:00 | |
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EU hates cryptocurrency and likes blockchain – for all the wrong reasons
The European Commission – the executive arm of the European Union – is a supporter of the common “blockchain, not Bitcoin” adage, it seems. At a blockchain roundtable session earlier this week, the Commission announced a new distributed ledger initiative that aims to transform the digital services space. дальше »
2018-11-23 15:04 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019
The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin. de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin. дальше »
2018-11-16 02:00 | |
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Blockchain and AI-Based ‘Smart City’ is Being Built by China’s Ping An Insurance Group and Sanya
According to news outlet, Coin Telegraph (https://cointelegraph.com/news/china-insurance-giant-ping-an-sanya-city-govt-to-build-smart-city-with-blockchain), one of China’s largest insurance, banking and financial services provider, Ping An has signed an agreement with Sanya’s government in what seems like a future “Smart City” based on evolving technologies such as blockchain, artificial intelligence (AI), cloud-computing etc. The signed agreement seems to deal with not only […] дальше »
2018-11-15 04:28 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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Finbitex Review: Innovative Cryptocurrency Trading
Finbitex represents a leading financial services provider, delivering a wide range of cryptocurrency investment products in contracts for difference (CFDs). Combining a diversified product list, comprehensive technology, and broad network, the platform aims to bring unique and convenient trading experience. дальше »
2018-11-14 16:00 | |
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Digital Bank Revolut Surpasses 3 Million Customers
U. K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. дальше »
2018-11-13 19:30 | |
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Iran Disconnected From SWIFT, to Launch State Backed Crypto Rial
Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. дальше »
2018-11-13 18:00 | |
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Iran has developed its national cryptocurrency supported by rial
Seyyed Abotaleb Najafi, CEO of Informatics Services Corporation, said the national cryptocurrency has been developed and designed by Informatics Services Corporation at Central Bank of Iran’s request to be utilized new technologies in expanding banking system services. дальше »
2018-11-13 09:30 | |
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Trojan “Dridex” One Of The Strongest Crypto Malware In Swiss
One of the countries that have been recorded among the top crypto friendly countries is Switzerland. Its government has been able to give free access to banking services to crypto users and companies unlike countries like Japan, South Korea, and China. дальше »
2018-11-10 22:41 | |
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Bitruption: P2P Advertising Marketplace And Buy/Sell Bitcoin?
In the current financial system, banks misuse their monopoly over fiat to prevent the crypto industry from accessing the competitive and alternative financial system. Additionally, banks deny crypto businesses and miners the access to regular banking services such as loans, funds transfers, deposits and withdrawals, which essentially creates a barrier to conducting business using cryptocurrencies. […] дальше »
2018-11-9 13:05 | |
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Switzerland: Trojan horses are evolving to target cryptocurrency exchanges
A computer virus that mines the anonymous cryptocurrency Monero has been ranked as the sixth most significant malware to hit Switzerland in the first half of this year. Swiss researchers also discovered that cybersecurity threats once focused on breaking into online banking services have pivoted to more efficiently attack cryptocurrency exchanges. дальше »
2018-11-8 19:33 | |
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Top Global Banking Institutions Pledge Support to DTCC Blockchain
CoinSpeaker Top Global Banking Institutions Pledge Support to DTCC Blockchain DTCC's cloud-based platform will join hands with several other organization to implement its blockchain-based credit derivatives services. дальше »
2018-11-8 08:30 | |
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Ledn Becomes First Bitcoin-Backed Canadian Lender, Bylls Receives Inaugural Crypto Loan
Ledn is a company that was created by Mauricio Di Bartolomeo, who was one of the first people to embrace Bitcoin in Canada. The company will offer credit to businesses and consumers in Canada. About 5% of people in Canada use Bitcoin. дальше »
2018-11-4 14:15 | |
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BABB Releases Monthly Roundup for October, Talks About Updated Roadmap and Lithuanian Banking License
The London-based company BABB is making strides into the mobile banking world with its secure and cost-effective services. In the latest post on its blog, published on Thursday, November 1, the company talked about its achievements and milestones in the month of October. дальше »
2018-11-3 07:04 | |
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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange
Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals. дальше »
2018-11-1 19:06 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
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A New Australian Dollar-Backed Stablecoin Slated to Launch on Stellar
Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network. дальше »
2018-10-25 20:58 | |
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Coinbase Custody receives a license from New York regulator to offer crypto custody services
On October 23, a crypto company Coinbase announced that Coinbase Custody had obtained a license under New York State Banking Law to operate as an independent Qualified Custodian. Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS). дальше »
2018-10-25 13:08 | |
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New Blockchain Initiative to Help African Entrepreneurs Unlock Banking Services
Papersoft Africa, iVEDiX, and a group of bankers intend to launch a blockchain-based solution that would allow African entrepreneurs and individuals to get better access to banking services.
дальше »2018-10-24 10:12 | |
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Coinbase Custody Receives License from NYDFS, Coinbase Exchange Lists USDC Stablecoin
Coinbase Custody has acquired a license under New York State Banking Law to operate as an independent Qualified Custodian. “Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS),” reads Coinbase’s latest blog post. дальше »
2018-10-24 04:42 | |
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Victorieum ICO (VTM Token): Safe Cryptocurrency Project Investment?
What Is Victorieum? Victorieum is a blockchain-based offshore bank that services cryptocurrency traders, enthusiasts, and investors. The platform aims at offering its users with a cryptocurrency banking system that will provide banking services such as asset management, crypto backed loans, credit cards, crypto exchanges, and much more. дальше »
2018-10-23 10:23 | |
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Victorieum Token is Making Waves with an Integrated Exchange Platform and Full Services Offshore Banking
Cryptocurrencies and blockchain technology have created a revolution in the finance and banking sector worldwide. The post Victorieum Token is Making Waves with an Integrated Exchange Platform and Full Services Offshore Banking appeared first on CoinSpeaker. дальше »
2018-10-22 19:01 | |
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