2023-7-20 17:12 |
Kuwait has prohibited all crypto activities and use cases in the country, including payments, mining, and investment. The Central Markets Authority (CMA), Kuwait’s financial regulator, released a circular on July 19. origin »
|
Kuwait Capital Markets Authority (CMA) banned all forms of cryptocurrency use in the country, including mining activities, according to a July 18 circular. The financial regulator imposed an “absolute ban” on all payments and investments involving cryptocurrencies, adding that it does not recognize virtual assets as a decentralized currency.
2023-7-20 15:30 | |
|
|
The prohibitions are an effort to comply with the FATF's recommendations to prevent money laundering via crypto, the Capital Markets Authority said.
2023-7-20 11:33 | |
|
|
Ripple has been trying to promote its technology almost everywhere in the world through partnerships with financial institutions. Ripple partnered with Al Ahli Bank of Kuwait in February in order to enable instant cross-border payments for the bank’s customers.
2019-5-12 00:30 | |
|
|
Ripple, in its latest episode of the Ripple Drop Series, announced that it would be powering on-demand payments for… The post RippleNet Powers On-Demand Payments From Kuwait to the UAE appeared first on Invest In Blockchain.
2019-5-7 19:03 | |
|
|
Ripple has scored yet another point in its quest for world domination, this time in the middle east where the Bank of Dohfar has joined its platform to facilitate cross-border transactions. This comes just a few weeks after Ripple signed up the National Bank of Kuwait to its platform. The New was confirmed by Navin […]
2019-2-18 21:27 | |
|
|
In December last year, the National Bank of Kuwait (NBK) announced the use of RippleNet in daily payments. However, it was unclear whether the bank would use XRP to process transfers and payments.
2019-2-1 19:17 | |
|
|
CryptoNinjas Ripple, the provider of enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company’s payment network, RippleNet.
2019-1-9 20:57 | |
|
|
Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company’s payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento.
2019-1-8 18:01 | |
|
|
Almost seven months after the Kuwait Finance House (KFH) announced that it was joining RippleNet, the bank has confirmed via twitter that it has started providing instant cross-border payments using Ripple technology.
2019-1-8 15:28 | |
|
|
In the last days of December a news broke out about Kuwait national bank planning to use Ripple’s xRapid (a solution that uses XRP token for payments) for international transfers. Only couple of hours ago, another Kuwait financial institution is doing the same.
2019-1-7 04:31 | |
|
|
RippleNet in the desert state. National Bank of Kuwait launches cross-border payment method with Ripple product Despite the continuing bear market, the adoption of blockchain technology is progressing steadily.
2018-12-29 19:10 | |
|
|
The National Bank of Kuwait will join the RippleNet payment network in order to make faster and cheaper cross-border payments.
2018-12-31 00:57 | |
|
|
CoinSpeaker Ripple Partners with National Bank of Kuwait Closing Out the Year National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
2018-12-28 16:25 | |
|
|
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
2018-12-28 12:20 | |
|
|
National Bank Of Kuwait Launch Instant Cross-Border Payments With RippleNet Ripple has been one of the most adopted platforms around the world, which has largely been due to the cross-border payments that happen instantly through RippleNet.
2018-12-28 03:58 | |
|
|
The National Bank of Kuwait has integrated RippleNet’s blockchain technology to expedite cross-border money transfers
2018-12-28 02:50 | |
|
|
The National Bank of Kuwait which is the first bank in Kuwait has announced its intention to incorporate RippleNet blockchain in its online banking. It now offers twenty-four hours transfer service to Jordan, with plans to add other countries soon.
2018-12-27 18:40 | |
|
|
Kuwait Finance House (KFH) is one of the major banks of Kuwait, most famous for being one of the first banks to open, operating under Sharia law. KFH are a major firm within Kuwait, trading on the Kuwait Stock Exchange, with a market capitalisation of $8.
2018-8-17 12:00 | |
|
|
The GENIUS Act's review could significantly shape stablecoin regulation, impacting global financial markets and aligning with international standards. The post GENIUS stablecoin bill to begin Banking Committee review on March 10 week appeared first on Crypto Briefing.
Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector.
The SEC's shift towards transparent crypto regulation may redefine industry oversight, balancing innovation with consumer protection. The post SEC dismisses Coinbase case: ‘It’s time for the Commission to rectify its approach’ appeared first on Crypto Briefing.
The dismissal highlights a shift towards more collaborative regulatory approaches, potentially fostering innovation and growth in the crypto sector. The post Consensys and SEC reach agreement to dismiss MetaMask securities case appeared first on Crypto Briefing.
The IMF loan and policy changes may stabilize El Salvador's economy, but Bitcoin's reduced role could impact its financial innovation strategy. The post IMF approves $1.4B loan for El Salvador, Bitcoin policy changes implemented appeared first on Crypto Briefing.
Bitwise's move signals growing diversification in crypto ETFs, potentially broadening market access and investor interest in varied digital assets. The post Bitwise files for Aptos ETF via Delaware trust, prepares for SEC registration appeared first on Crypto Briefing.
The publication of WisdomTree's XRP ETF filing could accelerate regulatory clarity and influence the future landscape of crypto investments. The post WisdomTree XRP ETF countdown begins as Federal Register publishes filing appeared first on Crypto Briefing.