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Bankers push ahead with blockchain
The Bitcoin resurgence, Facebook's Project Libra, and growing global economic uncertainty have put pressure on the banks. Banks must remain innovative or risk being disrupted. Can blockchain help? дальше »
2019-7-9 22:00 | |
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BornTec clients can now connect to Seed CX digital asset exchange
Seed CX, which through its subsidiaries operates a licensed bitcoin exchange for institutional investors, today announced a partnership with BornTec, a technology services provider to banks, institutions, hedge funds, and asset managers. дальше »
2019-7-9 20:32 | |
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Banks Consume 133% More Power than Bitcoin: Clean Energy Scholar
There are a lot of loopholes in the conversation around bitcoin and its annual energy consumption rate, says a clean energy specialist. Professor Katrina Kelly-Pitou of the University of Pittsburgh wrote that researchers overestimate their findings of the cryptocurrency’s higher power consumption rates. дальше »
2019-7-9 15:26 | |
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New ECB Boss is “Extremely” Pro-Crypto; What Could This Mean for Bitcoin?
Investors and proponents of Bitcoin and the aggregated crypto markets have long believed that the ultimate pinnacle of adoption would be found when governments and central banks began growing friendly towards the nascent technologies. дальше »
2019-7-8 00:30 | |
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RippleNet Holds “Great Revenue Potential”, “Undoubtedly” Help Customer Service: Deputy Group CEO Of National Bank Of Kuwait
Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive. дальше »
2019-7-7 19:30 | |
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At 0%, Bitcoin Yield Is Greater Than The ‘Safest Bonds’ Of Many Countries
France Issues First 10-year Bonds At A Negative Interest Rate France has issued its first-ever 10-year bond at a negative borrowing rate, later this week. These negative yield banks mean instead of receiving, investors will pay interest for owning French sovereign debt. дальше »
2019-7-6 19:29 | |
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Crypto Assets Won’t Allow Central Banks to Boost Negative Minus Rate Effect: Bank of Japan’s Deputy Governor
Masayoshi Amamiya, the Deputy Governor of the Bank of Japan (BoJ) dismissed the idea that central banks can boost the effectiveness of negative interest rate policies by issuing digital currencies, on Friday, reported Reuters. дальше »
2019-7-5 19:47 | |
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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. дальше »
2019-7-6 19:45 | |
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Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan
The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets дальше »
2019-7-6 17:36 | |
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Exscudo CEO: Current Financial System Not Only Holding Back the Progress but Pulls It Back
Coinspeaker Exscudo CEO: Current Financial System Not Only Holding Back the Progress but Pulls It BackWhile traditional banks are still the basis for today's financial system, most of the functions they perform are outdated. дальше »
2019-7-6 13:35 | |
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Russia Wont Ban Facebook’s Libra Cryptocurrency
Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn’t plan to ban Libra, as reported by Quartz,Read MoreRead More. дальше »
2019-7-6 13:00 | |
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Weiss Ratings: Libra occupies the ‘gray area’ between sovereign and decentralised currency
Libra, at the moment, is the “hot potato” of the cryptocurrency world. Anyone and everyone is leaping onto the Facebook cryptocurrency bandwagon and voicing their ‘expert’ opinion, with views ranging from “it’s going to destroy commercial and central banks,” to “regulators will ensure it crash-lands before it takes off. дальше »
2019-7-5 12:30 | |
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Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda
дальше »2019-7-6 10:01 | |
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Australian Banks Set to Trial IBM’s Blockchain Platform for Retail Financing
The three largest banks in Australia, Commonwealth Bank of Australia, New Zealand Banking Group Ltd. and, Westpac Banking Corp are partnering with Scentre, a Westfield mall owner, to test IBM’s new blockchain-based bank guarantee platform for processing retail financing, reports Reuters on July 4, 2019. дальше »
2019-7-5 05:00 | |
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Tezos announces $1 billion STO deal with BTG Pactual and Dalma Capital
Latin American bank BTG Pactual and asset manager Dalma Capital announced that they will be using the Tezos blockchain to launch security token offerings (STOs). The banks said the deal will be worth well over $1 billion when all existing and prospective token issuances are completed. дальше »
2019-7-6 04:59 | |
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Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using Blockchain
Coinspeaker Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using BlockchainThree of Australia`s giant four banks have partnered with Scentre group and IBM to outstrip the paper-based guarantee technique, designing a blockchain network that will potentially intensify the agreements. дальше »
2019-7-4 16:22 | |
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Bitcoin Is Nightmare For Banks Laundering $2 Trillion Every Year
One of the big attractions to Bitcoin is its ability to bypass the banking system. The likes of doom monger, Nouriel Roubini, still bash BTC in favor of a largely unprincipled banking system where the top get richer at the expense of the bottom. дальше »
2019-7-4 13:00 | |
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Novogratz: Bitcoin price will reach beyond $40,000 when investment banks move into crypto
Mike Novogratz, the legendary investor and founder of Galaxy Digital, believes Bitcoin will see its price “increase significantly” in the next couple of years. In an interview with Bloomberg Technology, Novogratz said that investment banks will be the next big players to enter the space and push BTC’s price beyond $40,000. дальше »
2019-7-4 07:50 | |
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Mike Novogratz Bets Bitcoin Purchases via Credit Card Two Years Away
A sizeable number of banks do not allow their customers to purchase bitcoin with credit cards. But according to billionaire investor Mike Novogratz, that distrust will eventually change. The founder of U. дальше »
2019-7-4 23:00 | |
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Only Fools Trust Facebook’s Cryptocurrency Libra, Blasts Nobel Economist
Nobel-prize winner Joseph Stiglitz, who has previously advocated for a full ban on cryptocurrency, doesn’t like Facebook’s Libra plans either. Stablecoins might be a friendlier option to someone like Stiglitz, who believes crypto lacks all the properties of sound money. дальше »
2019-7-3 18:28 | |
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Christine Lagarde Picked as E.C.B.’s New President, Crypto Community Supports
Coinspeaker Christine Lagarde Picked as E. C. B. ’s New President, Crypto Community SupportsChristine Lagarde was nominated to succeed Mario Draghi as president of the ECB. These are the great news for the crypto community because she is the one who pushed for central banks to consider the notion of issuing digital assets. дальше »
2019-7-3 15:34 | |
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Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. дальше »
2019-7-6 00:15 | |
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Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. дальше »
2019-7-3 00:15 | |
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Facebook’s Libra will be the undoing of central and commercial banks, says BitMEX’s Arthur Hayes
The Hayes-Roubini debate cannot get here soon enough. From Libra to the Bitcoin institutional-versus-retail rise, and to the future of the cryptocurrency market, several topics are presently at the fore, topics which would see the two starkly contrasting personalities pick opposite ends of the stick. дальше »
2019-7-2 17:00 | |
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Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. дальше »
2019-7-2 21:15 | |
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Ripple’s David Schwartz explains the role of ‘counter-flow’ in boosting XRP trading volumes
In a recent interview with Fortune’s Jeff Roberts, Ripple’s David Schwartz spoke about the primary objective behind xRapid and the current problems faced by the company to increase XRP’s market adoption rate. дальше »
2019-7-2 20:00 | |
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Facebook’s Libra Shook the Financial World, Banks Rush to Issue Cryptocurrencies
Coinspeaker Facebook’s Libra Shook the Financial World, Banks Rush to Issue CryptocurrenciesExperts say that Facebook's Libra will probably not reach the billions they claim, and it won't affect the financial world and stability in general. дальше »
2019-7-2 17:15 | |
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Банк международных расчетов поддержит разработку стейблкоинов
Совет Банка международных расчетов (БМР) одобрил создание инновационного центра для содействия международному сотрудничеству центральных банков в области финансовых технологий. Об этом сообщила пресс-служба Банка. дальше »
2019-7-2 17:00 | |
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Banks vs. Crypto: Battle for Domination
Coinspeaker Banks vs. Crypto: Battle for DominationIt seems, that finally, there's an opportunity for early adopters and crypto enthusiasts can now live a ‘tokenized’ life away from big banks and corporations.Banks vs. Crypto: Battle for Domination дальше »
2019-7-2 11:48 | |
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How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers
Readers of a certain age will remember a time when banks could increase your wealth, as well as store it. If you’re old enough to remember when Pokemon was just a card game, you might also remember a wise grandparent or uncle telling you to put your allowance in a high-interest savings account, where it […] The post How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers appeared first on Crypto Briefing. дальше »
2019-6-30 19:16 | |
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Ripple struggles to convince banks about its tech, but financial institutions are more aggressively benefitting from it
Ripple’s Chief Technology Officer [CTO], David Schwartz was a part of the Future of Fintech 2019 event hosted by CBInsights, where the CTO re-affirmed the community and the host, Jeff Roberts, about xRapid. дальше »
2019-6-30 15:30 | |
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What can kill Bitcoin? Enthusiasts speculate ways that Bitcoin could meet its (very unlikely) demise
Bitcoin started out in the underbelly of economic recession and bailing out failing banks. Its journey began with the sole intention to overcome the centralized control and to build a better financial system. дальше »
2019-6-30 14:30 | |
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South Korea puts exchanges on the hook for losses
Emerging from the wake of the 2008 financial crash, Bitcoin promised an alternative to bailing out central banks. But all too often, Bitcoiners have found themselves paying for the mistakes of crypto exchanges, which continue to get hacked. дальше »
2019-6-30 22:00 | |
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IMF Says Central Bank-Backed Crypto ‘Could Become Reality’
In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. дальше »
2019-6-30 21:00 | |
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Even With Money Tap, Ripple (XRP) Is Struggling, Slides 6.4%
Ripple (XRP) prices down 6. 4 percent Money Tap welcome more banks as Bitrue lose $4. 2 million Noticeably, the altcoin season is far from impressive. XRP is under pressure and liquidating encouragingly above support levels. дальше »
2019-6-29 19:00 | |
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European Banks Receive Instant Payments Plan to Stave Off Libra Takeover
Finance industry officials have hinted toward the development of a real-time payments system with instant settlement to be used by banks across the Eurozone. Traditional financial systems have come under pressure from cryptocurrencies and, more recently, Facebook’s new digital currency, as reported by Reuters, June 26, 2019. дальше »
2019-6-29 21:00 | |
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Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist
Central bankers and other makers of monetary policy have every reason to fear Facebook’s cryptocurrency Libra, according to a former chief economist of the World Bank. Libra will make it impossible for central banks to control inflation Per Kaushik Basu, who was the World Bank’s chief economist from 2012 to 2016, Libra will render the […] The post Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist appeared first on CCN Markets дальше »
2019-6-29 18:21 | |
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Moneygram Banks on Ripple xRapid’s Speed to Minimize Liquidity Costs in Settlement
Not long ago, one of the leading global money transfer and payment services providers, Moneygram International got into partnership with the Fintech company, Ripple Inc. The aim of this partnership is for Moneygram to leverage on Ripple’s XRP integrated financial tool, xRapid to minimize the high cost associated with funds transfer and settlement. дальше »
2019-6-28 15:26 | |
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MoneyTap, A South East Asia Success For Ripple, Seven More Banks Join
Ambitious, Ripple through xCurrent using MoneyTap is expanding with seven more Japanese banks joining the network replacing Resona's exit. The post MoneyTap, A South East Asia Success For Ripple, Seven More Banks Join appeared first on Ethereum World News. дальше »
2019-6-28 13:15 | |
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Ripple’s xCurrent-Based Money Tap Gains Seven New Banks As Equity Holders
Ripple has recently made the news for announcing that it would invest $50 million USD on MoneyGram and SBI Holdings, a Japanese financial services company. Now, the company is on the spotlight again and, fortunately, it is because of good news once more. дальше »
2019-6-28 02:44 | |
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Ripple’s xCurrent-powered Money Tap attracts investments from seven new banks
Not long after Ripple announcing a $50 million investment in MoneyGram, SBI Holdings, a financial services company based in Tokyo, announced that it had on-boarded seven new banks as Money Tap’s equity holders. дальше »
2019-6-28 20:30 | |
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RBI Crypto Banking Ban Shutters Another Indian Exchange
Indian crypto exchange Koinex announced it will be ceasing operations as a result of the Reserve Bank of India's ban on banks offering services to crypto-related firms.
дальше »2019-6-28 19:32 | |
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