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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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Spain – The Silent Blockchain Capital Of The Finance World
When you think of Spain, you might not necessarily think of cryptocurrency and blockchain straight away, although from a banking perspective, Spain are certainly leading the way for blockchain adoption, with a number of the countries leading banks having a big role in the current merge between the traditional banking world and the blockchain industry. дальше »
2018-10-1 15:45 | |
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China’s Crypto Market is Thriving: Ethereum Hotel, Exchanges, and OTC Trading
The government of China and its central bank the People’s Bank of China (PBoC) enforced a strict crypto trading ban in September 2017. Yet, the local cryptocurrency market of the country remains active, with hotels, exchanges, and over-the-counter (OTC) trading platforms supporting digital assets. дальше »
2018-9-30 10:00 | |
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Top 5 Banks Joining Ripple’s Latest Blockchain-based Payments Competitor
Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities. дальше »
2018-9-29 21:00 | |
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Seba Crypto AG’s Plans to Launch a Regulated Crypto Bank Moves Forward With Successful Fundraising
With Switzerland-based private banks, the destination of choice among the world’s elite, the Swiss have long been known as masters of finance and wealth management. Apparently, the Swiss have not lost their touch even in this age of digital currencies as the world is about to witness the birth of one of the first fully […] Seba Crypto AG’s Plans to Launch a Regulated Crypto Bank Moves Forward With Successful Fundraising was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-29 16:59 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years
Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. дальше »
2018-9-29 10:00 | |
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Indian Exchange Bows Out, As RBI Ban Takes Toll
The ban on banks engaging in cryptocurrency dealings was announced in April. Zebpay held on as long as it could.
дальше »2018-9-29 21:07 | |
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Austria to Auction €1.15 billion Worth of Bonds on Ethereum’s Blockchain
The Austrian government announced on September 27, 2018, the auction of €1. 15 billion ($1. 35 billion) worth of government bonds on the Ethereum blockchain. The sale begins on October 2 with operations overseen by Oesterreichische Kontrollbank (OeKB), one of Austria’s biggest banks. дальше »
2018-9-29 21:00 | |
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This Week in Cryptocurrency: September 28, 2018
This week in crypto: Google lifts crypto ad ban, Bitcoin becomes official Scrabble word, and Swiss bank does what Swiss banks do best - raise loads of cash. The post This Week in Cryptocurrency: September 28, 2018 appeared first on CoinCentral. дальше »
2018-9-28 18:12 | |
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RBI Ban Causes India’s ZebPay to Halt Exchange Services
Zebpay is one of India’s top cryptocurrency exchanges and many had expected it to weather the storm that is the currently standing RBI Ban. This ban prevents banks from offering services to any of its customers engaged in crypto trading activities. дальше »
2018-9-28 11:33 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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One of China’s Major State Banking Groups Successfully Transacts $1.3B in Securities Using Blockchain
One of the largest banks in China issued over $1 billion worth of securities utilizing blockchain technology. This marks a milestone, as the country's financial institutions are implementing blockchain more than ever, due to their transparency. дальше »
2018-9-27 18:41 | |
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China Are Blocking Bitcoin As The Banks Expand To The Blockchain
According to reports out today, the Bank of Communications, one of the four major state banking groups in China have completed a major transaction on the blockchain, one that has seen the issue of residential mortgage backed securities (RMBSs) on a blockchain network. дальше »
2018-9-27 14:00 | |
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JPMorgan’s Blockchain Payment Network Expands to Over 75 International Banks
J. P. Morgan’s Interbank Information Network (IIN), which started in collaboration with ANZ and the Royal Bank of Canada, now includes more than 75 banks, making it one of the largest consortium of banks involved in the utilization of distributed ledger technology. дальше »
2018-9-27 12:19 | |
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J.P. Morgan Boosts Trials of Ethereum-Based Enterprise Blockchain with 75 new Partners
Over 75 international banks joined as participants on a significant blockchain payments trial piloted by the likes of J. P. Morgan, ANZ and the Royal Bank of Canada, reported Financial Times on September 25, 2018. дальше »
2018-9-27 19:30 | |
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Pesamill Africa Launches as Kenya’s Latest Exchange Offering P2P And Centralized Trading
Pesamill Africa started trading today in one of Africa’s most active bitcoin markets. The exchange will compete with the likes of Bitpesa, and market itself to more than 48 million Kenyans, promising to help them buy and sell cryptocurrency peer-to-peer or through a centralized exchange with an order book. дальше »
2018-9-27 18:45 | |
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Ведущие банки протестируют сеть IIN от JPMorgan
Межбанковскую информационную сеть IIN (Interbank Information Network), запущенную американским финансовым холдингом JPMorgan, протестируют 75 банков. Об этом сообщает Business Insider со ссылкой на Financial Times. дальше »
2018-9-26 14:53 | |
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Ripple’s Website Gets Updated, RippleNet Showcased as Sole Payments Solution
The Ripple website has undergone some changes that have not gone unnoticed by the XRP community. The redesigned site has highlighted RippleNet as the sole payments solution for global banks and other remittance service providers. дальше »
2018-9-26 13:56 | |
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European Banks Complicit as Corrupt African Leaders Plunder Their Home Economies
European banks have allegedly been complicit as corrupt African leaders pilfer the wealth of their economies in the billions of dollars. The Angolan government on Monday arrested the son of ex-president Jose dos Santos for stealing $500 million from the country’s sovereign wealth fund, with the help of a British bank. дальше »
2018-9-26 03:15 | |
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JP Morgan’s Quorum-Powered Interbank Information Network Reaches 75 Members
The Interbank Information Network, hosted on JP Morgan's Ethereum-based Quorum blockchain, now has 75 participating global banks benefiting from better data sharing using blockchain technology. дальше »
2018-9-26 23:22 | |
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A Boost to Crypto Companies as Switzerland Introduces Guidelines to Deepen Access to Banking System
Switzerland is home to over 500 blockchain and cryptocurrency startups. However, due to the restricted access to the banking sector, many projects have been moved to other countries. This is the problem that Switzerland, through the Swiss Bankers Association (SBA), is trying to solve by issuing guidelines to banks dealing with cryptocurrency startups. дальше »
2018-9-25 21:00 | |
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75 More Banks To Join JP Morgan Chase Blockchain Payments Platform
International investment bank and financial service provider JP Morgan Chase have announced the enrolment of 75 new banks on their new and growing blockchain payment platform. The platform is a part of a collaboration between JP Morgan, ANZ and the Royal Bank of Canada. дальше »
2018-9-25 20:00 | |
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Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice
For their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates. дальше »
2018-9-26 16:30 | |
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J.P. Morgan’s Blockchain-based Interbank Information Network Attracts over 75 Banks
JPMorgan's payment project based on blockchain technology has welcomed more than 75 banks that are ready to participate in trials. The post J.P. Morgan’s Blockchain-based Interbank Information Network Attracts over 75 Banks appeared first on CoinSpeaker. дальше »
2018-9-25 16:20 | |
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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’
The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks. дальше »
2018-9-24 22:00 | |
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Making Bitcoin Transactions Untraceable with the Wasabi Wallet
In the cryptocurrency ecosystem, a wallet is an essential component, as it is used to receive, send and store cryptocurrencies. It operates in the crypto verse just like the banks do in the traditional financial system. дальше »
2018-9-24 15:00 | |
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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus
The Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies. They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses. дальше »
2018-9-24 22:25 | |
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Switzerland Eases Crypto Regulations to Prevent Market Withdrawal
Switzerland has long been interested in the cryptocurrency market. However, despite regulators’ efforts, banks have been resistant in working with crypto-based projects. Because of this strict stance, crypto startups stemming from Switzerland are threatening to move to more friendly locations. дальше »
2018-9-23 18:01 | |
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Weiss Ratings: Bitcoin Will Lose 50% of Its Market Share to Ethereum in 5 Years
Weiss Ratings, a provider of market research and stock analysis on ETFs, mutual funds, cryptocurrency, banks, and insurance companies, made a bold move saying that Ethereum will overtake 50% of Bitcoin’s market share in the next 5 years. дальше »
2018-9-23 17:00 | |
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The Daily: New Crypto Bills on Capitol Hill, Russian Banks Face Demand for Cryptocurrencies
From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry. дальше »
2018-9-23 14:59 | |
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Ripple’s Transaction Charges are Much More Cheaper than Normal Banks Rates – Cory Johnson
Ripple, one of the fastest growing Blockchain Startups has been on the news lately for many reasons such as price surge of it’s Cryptocurrency XRP and the use of its technology for many projects. дальше »
2018-9-23 01:32 | |
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Steve Hanke: Fewer Central Banks are Optimal Due to Fueling Inflation and Wealth Loss via Printing Money
Steve Hanke Against Central Banks; They Fuel Wealth Loss and Inflation Steve Hanke, one of the most important and respected economists around the world attacked central banks. He mentioned that the world needs fewer central banks because they mess up economies and abuse monetary policy. дальше »
2018-9-23 00:08 | |
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Switzerland Fights to Keep its Crypto Companies
More than 500 blockchain and cryptocurrency startups have found a home in Switzerland. The country hopes to become the ultimate blockchain capital of the world. The country has introduced a new plan to strengthen the previously edgy relationship between cryptocurrency startups and Swiss banks. дальше »
2018-9-23 23:00 | |
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RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions
In a world with an ever-growing number of digital currencies and blockchain projects, Ripple is unique as it came with a predefined and much-needed use case. The blockchain technology was to be used to help large institutions like banks easily transfer money globally without going through the hassles of foreign exchange rates and days of […] RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-23 19:13 | |
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Introducing Komgo: First Blockchain Platform For Commodity Trading
Commodity traders, energy majors, and large banks have set up a new venture to digitize and facilitate commodity trade through a blockchain-based open platform, Societe Generale announced in a September 19 press release. дальше »
2018-9-23 19:00 | |
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Steve Hanke: Central Banks Fuel Wealth Loss and Inflation – The World Needs Less of Them
Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing up economies and abusing monetary policy, while fueling inflation and loss of wealth. дальше »
2018-9-22 04:05 | |
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Bitcoin Is Replacing Bolivar As Venezuelan Economy Crashes
Whoever Satoshi Nakamoto is, he/she might be deserving of the Nobel Prize in economics for inventing Bitcoin (BTC), the nascent digital coin that is currently rescuing crypto-adopting Venezuelans from the abyss. дальше »
2018-9-22 00:00 | |
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Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own
The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies. дальше »
2018-9-21 20:00 | |
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Switzerland wants banks and cryptocurrencies to play nice
Switzerland is offering a leg up to fledgling blockchain businesses in an attempt to affirms itself as a global cryptocurrency hub. The European banking haven is facing an exodus of blockchain startups due to uncharacteristically tough banking conditions, Reuters reports. дальше »
2018-9-21 18:35 | |
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Ripple Goes Parabolic and Flippens Ethereum: Are Banks Acquiring XRP?
The crypto community burst with joy earlier today as cryptocurrency prices surged beyond even their most optimistic expectations. Contrary to what everyone has expected, the new price surge was not sparked by Bitcoin, as it usually happens. дальше »
2018-9-21 17:25 | |
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