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 »
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
2018-12-28 12:20 | |
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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 | |
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The National Bank of Kuwait has integrated RippleNet’s blockchain technology to expedite cross-border money transfers
2018-12-28 02:50 | |
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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 | |
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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 | |
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The US Securities and Exchange Commission (SEC) is reportedly considering whether XRP qualifies as a commodity rather than a security in its ongoing settlement negotiations with Ripple. According to journalist Charles Gasparino, the SEC is weighing similarities between XRP and Ethereum (ETH).
Reclassifying XRP as a commodity could reshape regulatory frameworks, influencing future crypto asset classifications and market dynamics. The post SEC considers classifying XRP as commodity in settlement talks with Ripple appeared first on Crypto Briefing.
The denial highlights ongoing tensions in the crypto industry and potential political influences affecting its global perception. The post CZ denies WSJ’s report of Trump-Binance deal talks, calls it an ‘attack on Trump and crypto’ appeared first on Crypto Briefing.
The move signals growing institutional interest in diversifying crypto investment options, potentially boosting XRP's market legitimacy. The post Cboe files 19b-4 form for XRP spot ETF from Franklin Templeton appeared first on Crypto Briefing.
Ripple's DFSA approval signals a significant shift towards regulatory acceptance, potentially accelerating blockchain adoption in global finance. The post Ripple taps into $40B UAE payments market with DFSA approval appeared first on Crypto Briefing.
The Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, marking a potential shift in the country’s digital asset regulations.
OKX says it’s set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license. The crypto exchange’s Europe arm gets the license following the acquisition of a Malta-licensed firm that has the Markets…