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US Banks Trading Revenue Jumps 300% Over Last Quarter
Volatility in stocks and in foreign exchange markets has led to a boom in trading revenue for banks, up 44% year on year and an astonishing 334.8% over the last... The post US Banks Trading Revenue Jumps 300% Over Last Quarter appeared first on Trustnodes. дальше »
2019-6-19 13:09 | |
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Facebook’s Libra is a Challenge to Banks, not Bitcoin
On June 14, Facebook announced their intentions to launch their own cryptocurrency, Libra. This announcement sparked discussion and speculation across the entire space. Today, June 18, the project’s white paper and testnet were published. дальше »
2019-6-19 00:55 | |
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Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency
Italy’s banks plan to integrate DLT into internal processes to improve transparency and efficiency
дальше »2019-6-19 23:15 | |
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South Korean banks spearhead blockchain adoption
South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative. дальше »
2019-6-19 22:30 | |
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The Libra Association And The Exclusion Of Banks: Facebook Takes Major Stance With Major Leaders
On June 18, 2019, Facebook finally unveiled the Libera white paper, which has one of the most anticipated products in the crypto world for months now with a lot of speculation and reporting on the preparation that has gone into this project. дальше »
2019-6-18 20:22 | |
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Dow Spikes 150 Points as Central Banks Pump Easy Monetary Policy
By CCN Markets: The Dow and broader U. S. stock market opened sharply higher on Tuesday after European Central Bank (ECB) officials signaled that a new round of stimulus was on the horizon. Dow Surges After Open All of Wall Street’s major indexes opened higher on Tuesday, reflecting a strong pre-market fro Dow futures. дальше »
2019-6-18 17:00 | |
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RippleNet Expands Network in Asia by Adding Korean Payment Group Coinone
SBI-Ripple Asia, a joint venture of SBI Holdings and the United States Ripple company, expands its network in Asia. Coinone Transfer, a payments business and a subsidiary of Coinone, a major digital currency exchange of South Korea, joined RippleNet, a network of institutional payment-providers including banks and money services businesses provided by Ripple. дальше »
2019-6-18 15:00 | |
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Bank of America: Facebook’s Libra Could Act as an Endorsement of Crypto; Here’s What Analysts Think
The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow. дальше »
2019-6-18 01:00 | |
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Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands
Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already shaken off concerns. FATF Meets Its Match As Bitcoinist reported last week, June 21 sees publication of new material from the Financial Action Task Force (FATF) aimed at cryptocurrencies. дальше »
2019-6-17 15:00 | |
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Wirex WXT Token Launches with Emphasis on User Rewards Rather than Fundraising Method
Many private firms have launched their own native tokens for a number of reasons such as giving their customers access to certain services and as a means of fundraising through ICOs and so on. Everyone from cryptocurrency exchanges such as Binance who launched their native BNB token to large banks such as JPMorgan announcing their […] дальше »
2019-6-16 21:06 | |
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JP Morgan on the hunt for candidate with Bitcoin transaction knowledge using ‘Blockchain’ mask
The Big Banks’ fear of the decentralized currency world is palpable, both in theory and in practice. This fear has manifested in several institutional financial players first chiding Bitcoin and then embracing the crypto-realm, but the pre-condition of Blockchain’s precedence over Bitcoin has always been maintained. дальше »
2019-6-15 09:46 | |
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Is Cryptocurrency A Genuine Threat To Fiat Money?
Is fiat doomed? There are plenty in the crypto community who think so. One of the reasons crypto came to be was dissatisfaction with the current monetary system, in which the state is the sole creator of money and the fractional reserve system imposes systemic risks on most economies. дальше »
2019-6-15 18:10 | |
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Google Trends Shows Bitcoin Is About to Explode in South Korea
South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an interesting pattern. Every day for the last week, South Koreans have been waking up with Bitcoin on their minds. дальше »
2019-6-14 01:00 | |
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How Wyoming Has Moved To Position Itself As A Crypto Haven
In an attempt to welcome more tech businesses to the state, Wyoming has enacted 13 blockchain laws over the course of two years, including the establishment of a new type of crypto-friendly banking license and rules that allow banks to hold digital assets. дальше »
2019-6-14 21:55 | |
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Crypto wallet BRD partners with Wyre to enable in app purchase
Mobile cryptocurrency wallet, BRD, announced today it now allows US customers to purchase bitcoin, ethereum, and Dai using bank transfers. This added capability for US customers is supported by over 1,700 US banks, enabled through a new partnership with Wyre, a payments provider for the blockchain industry. “With over $6B USD worth in crypto assets […] дальше »
2019-6-14 18:46 | |
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Bitcoin is here to stay as cryptocurrency community continues to contribute to its ecosystem
Bitcoin could very well be considered as the most successful startup in the history of startups. It has not only created a massive ecosystem around itself, but has also given rise to a myriad number of other projects influenced by Bitcoin. дальше »
2019-6-14 18:30 | |
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African insurer won’t work with ‘high-risk’ cryptocurrency mining businsesses
We all know that banks make it difficult for blockchain businesses by denying them access to conventional banking services and accounts. Well now, it seems insurance firms are throwing a spanner in the works for cryptocurrency mining businesses in Africa. дальше »
2019-6-13 13:41 | |
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CIP and IBM Launch Hyperledger-Based Blockchain For Identities In Brazil Called Device ID
A Brazilian banking and financial infrastructure facilitator called CIP has officially launched, together with IBM, a new blockchain ID platform that will be used in the country. The platform is based on the Hyperledger Fabric technology and will be called Device ID. дальше »
2019-6-13 04:58 | |
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A Boon for Bitcoin? Italian Government Proposes Tax on Savings in Held in Bank Safes
The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables held by citizens at banks. If actually imposed, the measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers. дальше »
2019-6-13 02:00 | |
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‘Ultra-Bull Case’ for Bitcoin Driven By Central Banks – Anthony Pompliano
Anthony ‘Pomp’ Pompliano of Morgan Creek Digital believes Bitcoin is about to experience an epoch-defining next 18 months. ‘A Perfect Storm for Bitcoin’ Speaking to Bloxlive TV earlier in June, Pompliano said the next 18 months will be crucial for Bitcoin. дальше »
2019-6-13 22:00 | |
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‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks
Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. дальше »
2019-6-12 20:00 | |
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Ripple expands to Brazil, EOS responds to AnChain’s Blockchain Bot report and more
Crypto News – 12 June – Ripple expands its services to Brazil, EOS New York fights back and more Don’t forget to follow us for our daily videos#cryptonews #Cryptocurrency #EOSIO #eos #xrp #ripple pic. дальше »
2019-6-12 19:00 | |
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Banks should be afraid, very afraid of Facebook’s GlobalCoin, cautions Andreas Antonopoulos
Although the involvement of tech giants in cryptocurrency seems to be a positive development for the ecosystem, some leaders in the space have also predicted a stiff competition for survival in the not so distant future. дальше »
2019-6-12 16:00 | |
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Bad News For Ripple As Visa Enters Cross-Border Payments Market
Visa has launched a blockchain-based platform for cross-border payments between financial institutions. This sees it enter the increasingly crowded marketplace that Ripple has been trying to carve for itself. дальше »
2019-6-12 14:00 | |
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Banks and Big Businesses Scramble for Their Own Digital Cash
Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank. дальше »
2019-6-12 13:00 | |
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Ripple’s VP of Product Marketing: On-Demand Liquidity Boosts Value and Makes Payments Cheaper
Ripple wants all banks to be their clients. Everybody knows that the company wants to be the new SWIFT, the current payment provider for international transfers, so it is important for Ripple to show to the banks and investors what they can do. дальше »
2019-6-12 02:00 | |
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Brazilian Bank Bradesco Looks to Release Custom Blockchain to Break Traditional Finance Barriers
The vice president of Bradesco, the largest Brazilian bank, has recently affirmed that all the major Brazilian banks will start to use a unique blockchain platform soon. The announcement was made today, June 11, during the CIAB Febraban, a major banking and fintech event in the region. According to Mauricio Minas, the blockchain has a […] дальше »
2019-6-12 01:17 | |
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Report: Retail Banks Still Wary of Blockchain Technology
While distributed ledger technology (DLT) is fast gaining traction in several sectors of the global economy including investment banking, remittance, payments, and others, a new report by McKinsey & Co has revealed that the retail banking ecosystem have been slower to integrate the technology due to regulatory challenges and other bottlenecks, reports Bloomberg on JuneRead MoreRead More. дальше »
2019-6-9 09:00 | |
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Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’
One of Thailand’s oldest banks, Siam Commercial Bank, made news after it previously hinted at the use of XRP token, via a tweet from their official Twitter handle. However, the tweet was deleted a few hours later, with the bank later issuing another statement which said that SCB will not be using XRP, as of […] The post Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’ appeared first on AMBCrypto. дальше »
2019-6-7 17:00 | |
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Apple and Facebook Now Competing With Banks – Not Bitcoin
International ratings agency Weiss Ratings thinks tech giants like Apple and Facebook entering the crypto-space prove they are, in fact, becoming banks themselves and their ‘answer’ is nothing like Bitcoin – which competes with central banks. дальше »
2019-6-7 15:00 | |
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Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment
дальше »2019-6-8 13:27 | |
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Bitcoin Is The ‘Holy Grail’: How Institutions Are Changing Crypto
Institutions are increasing their involvement in cryptocurrencies. In the past year, investment banks gave their clients access to digital assets, Fidelity Investments set up a trading desk and custodial solution, and endowment funds have made significant inroads. дальше »
2019-6-6 22:45 | |
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Ripple Launches New Office in Zurich to Attract Institutional Buyers for XRP
Ripple has been making some groundbreaking movements to gain more coverage and acceptance for its native token XRP. Recently it launched out in Switzerland with a new office for the purpose of selling XRP to institutional investors. дальше »
2019-6-6 22:14 | |
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SIA and Quant Network to explore blockchain solutions for bank institutions
CryptoNinjas SIA, the leading European hi-tech company in the payment services and infrastructures sector, and Quant Network, a UK-based blockchain technology company, today announced they have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial. дальше »
2019-6-6 17:44 | |
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Major Banks Join Hands to Develop Cryptocurrency for Overseas Money Transfers
Blockchain technology just got a major boost after 14 major financial firms led by the Swiss multinational investment bank UBS Group AG came together in developing a blockchain-based digital currency for use in instant cross-border payments, as reported by Nikkei Asian Review on June 3. дальше »
2019-6-5 17:34 | |
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4 Reasons why Utility Settlement Coins are no Threat to Bitcoin
Banks have begun showing an increasing interest in alternative solutions for overseas transfers. A new trial by over a dozen banks will explore the concept of USCs, or utility settlement coins. While this sounds somewhat innovative, one has to wonder how things will play out exactly. дальше »
2019-6-5 11:30 | |
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It Costs Banks Less To Partner Up With Ripple Than to Create Their Own Crypto
Founder of Gokhshtein Magazine, David Gokhshtein, tweeted in the latter half of May that Ripple (XRP) is poised to… The post It Costs Banks Less To Partner Up With Ripple Than to Create Their Own Crypto appeared first on Invest In Blockchain. дальше »
2019-6-4 13:14 | |
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Massive Blockchain Adoption in Thailand, 22 Banks and Enterprises Join Forces To Build A Blockchain Payment System For The Whole Country
Thailand, as a part of the Thailand Blockchain Community, will see a total of 22 banks and enterprises collaborate… The post Massive Blockchain Adoption in Thailand, 22 Banks and Enterprises Join Forces To Build A Blockchain Payment System For The Whole Country appeared first on Invest In Blockchain. дальше »
2019-6-4 09:43 | |
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SEC’s New Decision A Reprieve, Ripple (XRP) Falter
XRP slides 9. 1 percent Ripple overly successful despite few banks adopting xRapid The SEC is bending for innovation’s sake. Crypto and blockchain are complex. They are a blend of different fields and all of a sudden, disrupting. дальше »
2019-6-4 09:00 | |
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Swiss multi-national investment bank, USB introduces Fnality International with investment of $63.2 million
USB Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, USB introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto. дальше »
2019-6-4 01:30 | |
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Swiss multi-national investment bank, UBS introduces Fnality International with investment of $63.2 million
UBS Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, UBS introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto. дальше »
2019-6-4 01:30 | |
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Big Banks Band Together To Launch Blockchain Trading Solution with Its Own ‘Bitcoin’-esque Token
While the banking industry has been one of the most hostile industries when it comes to blockchain technology and Bitcoin in the early stages – that hasn't stopped them from taking over some sizeable corner of the market for their own. дальше »
2019-6-4 00:10 | |
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Bitcoin [BTC] accumulation by users is risky business, claims CEO of Atlantic Financial Blockchain Labs
Since the introduction of cryptocurrencies in the global financial landscape, most users and people across sectors are split between the importance of central banks, and the idea of decentralized networks. дальше »
2019-6-4 22:30 | |
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UBS Group AG-led banks to launch blockchain-based platform USC token to facilitate cross-border trading
Blockchain Technology, along with the idea of digital assets, has caught the attention of several major economic institutions. According to the Wall Street Journal, 14 major financial firms, including the likes of Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group, led by UBS group AG, have decided to come together to launch […] The post UBS Group AG-led banks to launch blockchain-based platform USC token to facilitate cross-border trading appeared first on AMBCrypto. дальше »
2019-6-4 19:15 | |
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