2019-3-30 01:45 |
Federal Bank, a major private Indian commercial bank, has partnered with Ripple for its cross-border remittances network
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A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services.
2021-1-9 02:00 | |
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Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more.
2019-12-4 15:30 | |
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The World Bank published a blog addressing the need for a faster, innovative, and upgraded remittance system, suggesting that industry incumbents were working on a solution for cross-border payments.
2019-3-29 09:50 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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Major U.S.-based bank Silvergate signed on 59 new cryptocurrency customers in the fourth quarter of 2018
2019-3-20 03:47 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws.
2019-3-18 23:54 | |
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The cryptocurrency world has seen its fair share of controversy, fake news, and rumors. It now seems another rumor is spreading, although it seems unlikely to have any major impact. A new set of cryptocurrency-oriented guidelines has been announced in Mexico, which leads many people to believe crypto will be banned.
2019-3-15 12:08 | |
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The day after his Tuesday appearance on Capitol Hill to answer questions from the House Financial Services Committee, banking empire Wells Fargo disclosed it would be giving the company’s CEO, Tim Sloan, a 5 percent raise for 2018.
2019-3-14 20:41 | |
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Lack of access to custodians that institutional investors know and trust is seen as a major hurdle for growing the sector. Thankfully, the demand has caused a flurry of companies to enter the business, with the latest being online bank Swissquote.
2019-3-11 12:55 | |
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Buckle up, the institutionalization of bitcoin and crypto, in general, has begun. Swissquote, a $618 million worth online banking group, announced Friday that it is partnering with Zug-based Crypto Storage to enable cryptocurrency custodial services on its platform.
2019-3-10 12:04 | |
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Shareholder voting is getting the blockchain treatment as SWIFT announced on March 6, 2019, that they will be testing out a new blockchain-based platform for that purpose with Deutsche Bank, DBS, HSBC.
2019-3-8 18:00 | |
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The Dow and broader U. S. stock market plunged anew on Thursday after the European Central Bank (ECB) launched fresh stimulus measures to combat a slowing regional economy. The shocking announcement brought recession fears back to the fore as investors continue to navigate a synchronized slowdown in global growth.
2019-3-8 21:12 | |
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BlockFi has seen support from major investors for their crypto opportunities, like Novogratz’s Galaxy Digital. With $52. 5 million in support from these investors, they have been able to launch a product like none other – the option to gain 6.
2019-3-7 17:52 | |
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The Ultimate Power Group – SWIFT Partners Up With Major Banks While SGX Begins Trials On Blockchain-Backed Voting According to SWIFT, the financial messaging juggernaut, it has officially partnered up with a range of banks across the world, as well as the Singapore Stock Exchange in order to create and subsequently test out a blockchain-based […]
2019-3-7 05:07 | |
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The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week.
2019-3-7 00:31 | |
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As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.
2019-3-5 20:20 | |
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Since 2011, mainstream media outlets, bank executives, economists, and other skeptics have gleefully proclaimed Bitcoin’s demise after every major correction from its all-time high. Bitcoin Will Keep Defying its Critics In the past ten years, Bitcoin has experienced five 85 percent corrections including the recent 14-month bear market.
2019-3-2 17:00 | |
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One of the largest private banks in Switzerland, Julius Baer, is officially providing their clients access to cryptocurrencies through… The post Major Swiss Private Bank Now Offers Crypto to Its Clients appeared first on Invest In Blockchain.
2019-2-28 19:46 | |
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Swiss Bank Julius Baer Partners With SEBA Crypto AG To Offer Crypto Services A major bank has just decided to offer crypto services for its clients. The Swiss private bank Julius Baer has started a new partnership with SEBA Crypto AG, a Swiss crypto startup focused on banking solutions. The partnership was announced today and […]
2019-2-27 22:10 | |
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Wall Street titan and noted bitcoin basher Jamie Dimon said that JPMorgan’s controversial cryptocurrency could one day be used for consumer payments. Jamie Dimon: JPMorgan Cryptocurrency Could Target Consumer Use “JPMorgan Coin could be internal, could be commercial, it could one day be consumer,” Dimon said at the bank’s annual investor day in remarks quoted by CNBC.
2019-2-27 22:03 | |
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The Swiss private bank industry is stepping up its efforts to become a formidable world player in the crypto industry. Now, Julius Baer, one of the largest and oldest Swiss private banks, and SEBA Crypto AG are joining forces to offer their clients a range of digital asset services, in a fully regulated environment.
2019-2-26 21:00 | |
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In an official statement, Julius Baer, one of the biggest private banks in Switzerland, announced that the company is providing its clients access to cryptocurrencies. Julius Baer is pleased to announce the collaboration with SEBA Crypto AG to provide its clients with access to a range of new digital asset services.
2019-2-26 17:24 | |
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Kraft Heinz reportedly no longer believes its iconic coffee brand Maxwell House is ‘Good to the last drop’ (as the brand’s slogan says). According to CNBC, the food giant could sell Maxwell House among other assets.
2019-2-25 15:10 | |
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The Etsy website is a forum that has made it possible for many independent small business owners to flourish online, offering creative and homemade products that customers can find. However, a so-called “glitch” in their platform caused money to be withdrawn from the bank accounts of many users, clients, and sellers alike, over the weekend. […]
2019-2-21 16:10 | |
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Major Japanese investment bank announced the successful completion of a blockchain-based pilot project for post-trade processing of securities
2019-2-21 13:54 | |
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Danske Bank has been ordered to close up in Estonia following another money laundering scandal. It is not the first time a major bank has been involved in money laundering and it will not be the last, which is all good news for crypto.
2019-2-20 12:00 | |
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Tim Draper has been one of Bitcoin’s most enthusiastic proponents. He was steadfast in his optimism even when other finance gurus thought he was crazy for giving the new-fangled crypto the time of day.
2019-2-20 22:46 | |
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One of the largest Spanish banks, BBVA, has issued a structured green bond based on a blockchain platform
2019-2-19 16:06 | |
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Oman’s second largest bank BankDhofar is now deploying RippleNet for cross-border payments to India
2019-2-19 23:37 | |
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JP Morgan Chase and Co. announced Thursday it would be the first major institutional bank to release its own cryptocurrency. Its new JPM Coin is an almost shockingly impotent reaction to Bitcoin and other cryptocurrencies by the United States’ largest bank.
2019-2-17 23:00 | |
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Brazilian crypto exchange Bitblue and its owners face the closure of the accounts in major local bank Bradesco
2019-2-15 16:59 | |
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American multinational investment bank and financial services company, J.P. Morgan Chase, has concluded plans to introduce the first cryptocurrency generated by a major United States bank. The cryptocurrency which will be called “JPM Coin” will be tested in an experimental period set to commence in a couple of months. How JPM Coin Will Be Introduced […]
2019-2-15 02:46 | |
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In a move that can be considered as a major boost for the cryptocurrency and blockchain industry, the US Investment Bank of J. P Morgan has announced that it will be creating a digital currency to ease the flow of payments by the bank.
2019-2-14 18:45 | |
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Ripple continues to assert its dominance in the Gulf region with its latest major partnership
2019-3-27 17:24 | |
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One of Wall Street’s fiercest bitcoin critics may have been playing us all along. JP Morgan Creates ‘JPM Coin’ Cryptocurrency JP Morgan, the gargantuan investment bank led by Jamie Dimon, just became the first major US financial institution to launch its own cryptocurrency.
2019-2-15 15:34 | |
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A Brazilian crypto exchange has won a major battle for its survival recently. Bitcoin Max has been battling the Santander Bank in court in order to keep its accounts open and it looks like the exchange scored a major victory for the sector now.
2019-2-13 02:32 | |
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The Philippines: major local bank Union Bank establishes what is reportedly the country’s first two-way crypto ATM
2019-2-11 16:08 | |
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According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa.
2019-2-11 10:52 | |
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“Some of the best weapons do not shoot,” states the leaked military manual titled “Army Special Operations Forces Unconventional Warfare” that was recently highlighted by WikiLeaks where the US Army states that major global financial institutions such as IMF and World Bank are used as unconventional financial weapons in times of not only conflict but […]
2019-2-10 23:43 | |
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The U. S. stock market declined sharply on Thursday after the Bank of England (BOE) slashed its growth outlook for 2019, citing underlying risks tied to Brexit. The United Kingdom is struggling to carve out a clear exit strategy from the European Union after Members of Parliament voted to reject Theresa May’s latest Brexit deal.
2019-2-7 19:52 | |
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The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat.
2019-2-6 10:15 | |
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In their latest report, Max Keiser and wife Stacy Herbert kick off by discussing a recent note by JPMorgan to its clients. One of the most corrupt institutions of our time proclaims that cryptocurrencies would only have value in a ‘dystopian economy’ in which investors had ‘lost all confidence in all major reserve assets.
2019-2-2 23:00 | |
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R3, the enterprise blockchain giant, has announced an exciting partnership with the major bank transfer network SWIFT. The news was originally revealed at the Paris Fintech Forum and confirmed in a January 30 press release from SWIFT.
2019-2-1 19:52 | |
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A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper. Short the Bankers Pat Chirchirillo, a financial advisor at Philadelphia-based McAdam Financial, found a 3,233% different between the cost of withdrawals in banks and Bitcoin.
2019-1-31 03:00 | |
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Stones are minor minerals and unless you want to engage more than 20 persons, or dig below six meters from ground and use heavy machinery, the permission to start a stone crushing is granted by the district collector (or on his behalf by the Sub Divisional Officer ) on recommendation of the Tahsildar.
2019-1-26 17:03 | |
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Liechtenstein-registered crypto exchange Bitstamp has partnered with major Swiss online bank Dukascopy to allow its customers trade Bitcoin
2019-1-26 01:00 | |
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R3’s major partner ING bank has signed a five-year deal to have unlimited licences for R3’s commercial blockchain platform, Corda Enterprise
2019-1-23 19:25 | |
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Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ledger tech into a range of business areas ING will join forces with R3 to obtain an unlimited number of licenses for its commercial (read: private permissioned) blockchain platforms Corda Enterprise platform and CorDapps.
2019-1-22 17:39 | |
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India is strengthening regional ties to build a cross-border payments system
The Indian central bank governor views stablecoins as a risk to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar held in Washington DC, Reserve Bank of India governor Shaktikanta Das said he has…
India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.
Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that…
India has the potential to facilitate efficient cross-border payments using Central Bank Digital Currency according to the Reserve Bank of India governor Shaktikanta Das. According to a local report, during his keynote address at the conference on Central Banking at…
Indians are being lured with fake job offers promising high salaries, only to be trapped in Southeast Asia’s cyber slavery and cryptocurrency fraud rings. According to reports from local media, tens of thousands of Indian nationals are trapped as cyber…
Leading cryptocurrency exchange, Binance, says it has helped India’s Enforcement Directorate recover $47. 6 million in losses suffered by victims of a gaming scam involving the online gaming platform Fiewin.