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JP Morgan is Bullish on Blockchain, Not Bitcoin, for Improving Banks and Payment Systems
Financial giant JP Morgan has not been silent when it comes to cryptocurrency. Recently, the institution released a report that asserted Bitcoin could dip all the way down to $1260 before it starts moving upward in price. дальше »
2019-1-30 17:27 | |
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South Korean cryptocurrency exchanges pool data to counter money launderers
Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. дальше »
2019-1-28 20:10 | |
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Saudi Arabia and UAE Banks Launch Pilot Cryptocurrency Initiative — Could They Be Using Ripple Technology?
Cryptocurrencies and blockchain technology are beginning to creep into real-world enterprise business. Ripple has already partnered with over 200… The post Saudi Arabia and UAE Banks Launch Pilot Cryptocurrency Initiative — Could They Be Using Ripple Technology? appeared first on Invest In Blockchain. дальше »
2019-1-22 08:52 | |
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Two Major Banks in India, Digibank and Kotak, Close Customer Accounts for Bitcoin Associations
India’s crypto industry is having a hard time since 2018. You have probably heard all about it. Last year, the Reserve Bank of India (RBI) has banned all banks from offering accounts to crypto companies in which was known as the Indian Crypto Ban in the industry. However, things, which looked like they could be […] дальше »
2019-1-15 22:11 | |
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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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Could Ripple Really Take on the Banks With XRP?
Ripple, which is based in San Francisco is one of the biggest blockchain and cryptocurrency companies in the world. It is the majority holder of XRP, a top 3 cryptocurrency by market cap and wants to get a share of the $2 trillion cross-border payments business. дальше »
2019-1-9 22:09 | |
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Nick Szabo Says Central Banks Could Hold Virtual Currencies and Increase Reserves
The cryptocurrency expert and Bitcoin supporter Nick Szabo believes that central banks could adopt cryptocurrencies to improve their reserve levels. The information was released by Finance Magnates on January 9. дальше »
2019-1-10 21:00 | |
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Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves
Cryptocurrency pioneer Nick Szabo has argued that in a context of rising geopolitical uncertainty, central banks could soon turn to cryptocurrencies to shore up their reserves
дальше »2019-1-9 16:38 | |
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Yellow Vests in France Planning a Bank Run to Collapse the Euro
If ever anyone wished they could turn back the clock it would be wildly unpopular and “elitist” French President Macron. His decision to raise fuel tariffs in November has mushroomed and his country has succumbed to a wave of protests and violence the likes not seen since the 1960s. дальше »
2019-1-9 04:00 | |
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More Banks Join Ripple to Enjoy Zero Fee Service Based on Ripple Network
The number of banks joining the Ripple network keeps increasing by the day, continuous awareness pulls more financial institutions to sign on to Ripple platform as it widens its coverage. According to reports, other banks and payment processing platforms who have realized the values of Ripple decentralized financial tools and how much cost could […] The post More Banks Join Ripple to Enjoy Zero Fee Service Based on Ripple Network appeared first on ZyCrypto. дальше »
2019-1-8 00:30 | |
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Blockchain Shouldn’t Be an Enemy to the U.S. Federal Reserve
Despite most central banks being reluctant to turn to blockchain technology, major institutions such as the U. S. Federal Reserve should figure out the implications of such distributed ledger technologies and how to adapt to them, economist Eswar Prasad argued in a Financial Times article on January 1, 2019. дальше »
2019-1-4 04:00 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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Reports Indicate Tether Has Held Adequate Reserves
Banks statements show that Tether could back up its claims, at least during those points in time for which documentation is available.
дальше »2018-12-19 21:43 | |
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Blockchain Technology May Make Its Way to Banks, According to Advisory Counsel of UBF
Blockchain technology offers a transparency, immutability, and more to any use case it is applied to. Considering how well it has served platforms for cryptocurrency, the adoption by banks shouldn’t seem like that far of a stretch. дальше »
2018-12-18 10:22 | |
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CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality
Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s money. дальше »
2018-12-14 20:00 | |
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Ripple CEO Says XRP to Have Big News Before End of Year as xRapid Could be Used by Major Banks
xRapid could be used by major banks by the end of the year said Ripple’s CEO Brad Garlinghouse. Earlier this year, Mr. Garlinghouse talked about the future of Ripple and how different companies are starting to embrace the services and products the company is developing. дальше »
2018-12-3 05:22 | |
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Cryptocurrencies issued in Malaysia must go through central bank
If you thought cryptocurrencies could be kept away from the watchful eyes of banks and governments, think again. Malaysian Finance Minister, Lim Guan Eng, said that all cryptocurrencies must go through Bank Negara Malaysia, the country’s central bank, before being issued to the public, reports the New Straits Times. дальше »
2018-11-26 16:16 | |
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European Commission is launching blockchain association next year, major banks are already on board
The European Commission is launching a new blockchain association next year and major banks are invited to join it. BBVA, Spanish banking giant, announced that it and four other banks have joined the EC’s planned International Association for Trusted Blockchain Applications (IATBA), which could be a legal entity as early as first quarter of 2019. […] дальше »
2018-11-24 19:43 | |
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Dr Doom Claims Central Bank Digital Currencies Could Destroy Crypto
If central banks issue their own digital currencies, then it would destroy cryptocurrencies like Bitcoin, wrote Nouriel “Dr. Doom” Roubini in his latest column. The article, titled “Why central bank digital currencies could destroy crypto,” saw the American economist building up his rants against the cryptocurrency space. дальше »
2018-11-22 20:00 | |
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Cornell Uni Professor: Digital Currencies Could Allow Central Banks to Stay in the Game
Cornell University professor Eswar Prasad is the latest prominent figure to come out in support of digital currencies, suggesting that central banks should issue their own currencies in order to remain in the money game, Bloomberg reported on November 19, 2018. дальше »
2018-11-21 14:00 | |
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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
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IMF Head Lagarde Urges Central Banks to Consider Issuing Digital Currencies
On November 14, 2018, the International Monetary Fund’s (IMF) Managing Director Christine Lagarde is of the opinion that governments and central banks should look into issuing state-backed digital currencies, witnessing the global shift to cashless economies. дальше »
2018-11-15 22:00 | |
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IMF Head Christine Lagarde Calls For Central Banks Digital Currencies
CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector. дальше »
2018-11-15 11:37 | |
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Bitcoin ATMs Most Common Scam Payment Method in Australia
The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority. дальше »
2018-11-15 07:35 | |
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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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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies
Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. дальше »
2018-11-14 15:00 | |
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Ripple Rolls Out Settlement Tools But Skepticism Remains
Ripple has been making waves the past month by offering on-demand liquidity to banks for transnational settlements using XRP, but not everyone’s happy. Although the new platform could significantly boost volume for the No. дальше »
2018-10-31 17:38 | |
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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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Uphold Earn Pays Higher Interest Than Your Bank: On Crypto
Once upon a time, banks were places that could make your money grow. You’d put your paycheck in a savings account, allowing the bank to lend your money to various business ventures, and feel reasonably secure about the future as your savings compounded by several percent each year. дальше »
2018-10-24 18:30 | |
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Bank Of Japan Acknowledges Bitcoin’s Presence, Admits Cryptos Could Diminish Financial Role
The deputy governor of the Bank of Japan, Masoyoshi Amamiya, has recently revealed how the banks view cryptos during a lecture meeting at the Japan Society of Monetary Economics. The banker has affirmed that it is debatable whether cryptos have any serious merit to improve the existing financial system. According to it, he does not […] дальше »
2018-10-24 07:04 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Walmart Blockchain To Improve Food Safety
When programmers first developed blockchain tech a decade ago, they were focused on creating new borderless money that could bypass banks and other third parties that were responsible for the Financial Crisis. дальше »
2018-10-23 23:47 | |
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Ripple xCurrent To Go Live At National Bank of Kuwait
The National Bank of Kuwait (NBK), one of the largest banks in the Middle East, could be about to go live with Ripple’s xCurrent payment solution in the coming weeks. A source familiar with the matter told Crypto Briefing in an email exchange that NBK had been actively preparing for its first transaction using xCurrent, a cross-border settlement service. дальше »
2018-10-22 19:09 | |
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Bank of Japan’s Deputy Governor Doubtful Over the Effectiveness of Cryptocurrencies
In theory, a Central bank cryptocurrency could help enhance a nation’s monetary policy by allowing Central Banks to charge interest on deposits of households and firms, encouraging people to spend rather than hoard their money. дальше »
2018-10-22 19:00 | |
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$183 Million in Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks
A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was made with $0. 06 on Ethereum. The Ethereum block 6556384 went through 5080 confirmations and took over 19 hours to transfer more than $183,000,000 without having to go through expensive intermediaries. дальше »
2018-10-22 13:44 | |
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Barclays Puts Its Cryptocurrency Trading Project ‘On Ice’
London-based multinational investment bank agiant Barclays has reportedly halted work on its cryptocurrency trading project. Barclays Stops Cryptocurrency Trading Project One of the leading multinational investment banks Barclays has put its work on a cryptocurrency trading project to an end or “on ice,” Financial News London reports, citing two people familiar with the matter. дальше »
2018-10-16 20:00 | |
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WTO: Ripple Could Revolutionize International Business – Bitcoin, IOTA, And ETH Also Involved
Cryptocurrencies and the blockchain technology have disrupted the conservative global financial system and put banks on notice, but some banks have opted to go with the flow rather than get overtaken by the rapidly expanding influence of blockchain-based systems. дальше »
2018-10-10 23:11 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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Bitcoin Stability A Sign Of A Bull Run?
The stability of Bitcoin has always been a bit shaky, however, over the past month or so, the leading crypto has been surprisingly… still. If you asked anyone earlier in the year why Bitcoin could never replace fiat currencies the first reason would most likely be due to its volatility and stability. дальше »
2018-10-9 15:30 | |
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Central Banks Could Be Issuing Their Own Blockchain-Based Fiat Currencies by 2023
Central banks could be issuing digital versions of their own fiat currencies on blockchain. This surprising prediction was made by a top-level officer of the Federal Reserve Bank of Boston during Forbe’s annual 30 Under 30 Summit. дальше »
2018-10-6 19:19 | |
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Banks Could Spell The End Of Bitcoin Just As They Spelled Its Boom
The economic crisis of 2008 brought the world’s attention to the need for an alternative means of doing business without much risk of a backlash, and that’s why Bitcoin received so much support when the pioneer cryptocurrency entered the market in 2009. дальше »
2018-10-5 22:40 | |
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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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