Japanese Merchant Bank Signs Deal to Tokenize Estonian Properties

2019-10-31 09:00

MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia.

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Bank of Canada to Fight Crypto with Own Digital Currency

The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control.

2019-10-17 15:00


Фото:

HashCash Building DLT Solution for a Global Bank

HashCash Consultants, a software firm that claims to be developing distributed ledger technology (DLT) solutions that allow enterprises to facilitate real-time cross-border payments, has inked a strategic partnership deal with an unnamed global bank for the development of core banking solutions aimed at increasing the speed, security and efficiency of banking processes, reports Yahoo FinanceRead MoreRead More.

2019-10-7 17:00


PNC bank goes live with RippleNet; becomes first-ever American bank to use its services

PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions.

2019-8-29 12:14


Фото:

FinCEN Issues Clear Guidance to Money Services Businesses (MSBs)

To serve as a reminder to persons who have the Bank Secrecy Act (BSA) obligations, the U. S. Financial Crimes Enforcement Network (FinCEN) on May 9, 2019, issued interpretive guidance. The guidance focuses on how FinCEN money services businesses (MSBs) regulations apply to certain ventures that deal with money transmission whose value is not denominated inRead MoreRead More.

2019-5-13 20:00


‘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.

2019-5-6 20:00


Japan’s Biggest Bank Won a $500 Million Bond Deal, Only to Lose $15 Million

The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre response from investors and $15 million in losses on the table.

2019-3-9 13:00


Голландский ING Bank подписал долгосрочное соглашение с блокчейн-консорциумом R3

Финансовый гигант ING Bank заключил 5-летнее соглашение с блокчейн-консорциумом R3, в рамках которого получил право на неограниченное количество лицензий на использование корпоративной платформы Corda.

2019-1-22 18:21