2020-5-12 15:00 |
Singapore-based DBS bank has joined blockchain-powered trade finance network Contour for increased digitization of global trade processes including the creation, exchange, approval, and issuance of letters of credit (LCs). origin »
2020-5-12 15:00 |
Singapore-based DBS bank has joined blockchain-powered trade finance network Contour for increased digitization of global trade processes including the creation, exchange, approval, and issuance of letters of credit (LCs). origin »
Ripple, a strong reason behind Euro Exim’s win The strategic partnership “strengthens” its compliance process and ramps-up speed and efficiency Euro Exim Bank, a global financial solution that focuses on facilitating international trade has been announced — the second year running — the winner of the Best Global Trade Services Bank award. “This year the […]
2019-9-1 19:45 | |
Investors have swung wildly between risk-on and risk-off postures, as Sino-U. S. trade tensions rise and fall. While crypto-volatility is still too strong for most investors to stomach, there could be a more reliable refuge for investor value.
2019-8-30 21:51 | |
Sygnum, a cryptocurrency company that claims to develop an integrated solution that enables its clients to securely issue, store, trade and manage blockchain-based cryptoassets, is seeking for a banking license from the Monetary Authority of Singapore (MAS), to enable it to offer brokerage, tokenization and other crypto-related services to qualified investors in the region, reportsRead MoreRead More.
2019-8-29 21:00 | |
HSBC, a multinational bank, has recently become the first bank to complete a blockchain transaction on the European We. trade platform. The project, which was started back in 2017, has only recently started its second round of pilot tests.
2019-8-28 22:57 | |
HSBC becomes the first bank to finance a transaction on blockchain trade platform we.trade
2019-8-28 19:44 | |
Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges.
2019-8-27 17:00 | |
German bank WEG Bank is now licensed to trade and hold cryptocurrency for clients in Estonia
2019-8-27 14:11 | |
Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.
2019-8-25 21:34 | |
Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency.
2019-8-24 15:37 | |
According to a press release dated August 22, 2019, HSBC has successfully fulfilled a transaction on we. trade platform, a blockchain-based solution that allows open trade between SME’s of different bank accounts and other trade opportunities thanks to smart contract technology.
2019-8-24 22:35 | |
The China-US trade war is biting the Chinese economy hard. Growth rates are no longer as rosy as they used to be. As a result, the Chinese who have multiple ways to determine their interest rates have revamped one of the strongest tools in their arsenal.
2019-8-21 14:34 | |
Protests in Hong Kong and a trade dispute with the U.S. have put China in the eye of the economic storm. The People's Bank of China has been testing a digital currency, and this week it announced that it is ready.
2019-8-14 22:00 | |
Coinspeaker New Zealand’s Bank Invests Undisclosed Amount in Blockchain Startup TradeWindowNew Zealand's Auckland Saving Bank has invested in a blockchain startup called TradeWindow to support the launch of the Distributed Ledger Technology (DLT) trade platform.
2019-8-14 20:29 | |
ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.
2019-8-14 16:10 | |
NZ Bank invests in DLT-based platform to streamline global trade
2019-8-14 15:07 | |
According to an August 12 press release, TradeWindow, a startup which uses distributed ledger technologies for the trade market, received investment funds from ASB bank, a subsidiary of Commonwealth Bank of Australia.
2019-8-13 09:00 | |
Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin.
2019-8-13 02:00 | |
The #1 crypto asset is showing no signs of weariness today despite the worsening China-US trade tensions and growing fears of a global recession. Here are the main reasons behind Bitcoin’s latest 10% gain.
2019-8-5 18:00 | |
LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.
2019-8-1 05:05 | |
Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis. Swissx Bank of Cannabis Issues SWX Stablecoin As a press release confirmed July 25, the so-called Swissx Bank of Cannabis (SBC), headquartered in the Swiss city of Gstaad, aims to provide the legal cannabis industry with a secondary market.
2019-7-26 13:00 | |
When the cat is away, the mice come out to play. As the global economy is muddled with concerns surrounding trade wars, interest rate movements, and global governance dilemmas, the cryptocurrency world is enjoying a parabolic move.
2019-7-9 11:00 | |
The People’s Bank of China has been taking new strides in the cryptocurrency sector, recently launching a blockchain trade financial solution from their institution. According to finance news outlet SINA on July 8th, the solution processed a total of $4.
2019-7-9 00:27 | |
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception
2019-7-9 19:31 | |
Venezuela’s President Nicolas Maduro has ordered that every branch of the Banco de Venezuela should allow citizens to buy and trade El Petro, the state-issued cryptocurrency he’s so intent on pursuing.
2019-7-5 13:54 | |
A survey of fund managers, conducted by Bank of America Merrill Lynch, found pessimism at a level not seen since the last financial crisis. The on-going trade war and the expectation of an incoming global recession are driving fears of an economic collapse, which may strengthen the image of bitcoin as an uncorrelated asset.
2019-6-19 19:23 | |
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low.
2019-6-19 13:40 | |
By CCN Markets: Dow Jones futures rose on Tuesday, but money managers on Wall Street aren’t convinced the stock market rally has longevity. Billion-dollar investors are pulling money out of stocks and piling into cash, according to a survey by Bank of America Merrill Lynch.
2019-6-18 14:47 | |
Singapore-based blockchain services provider EVX Holdings, Pte. Ltd. , operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance.
2019-6-13 00:55 | |
The Federal Bureau of Investigation (FBI) is chasing hackers — including the founder of cryptocurrency mining marketplace NiceHash — over an alleged plot to create and distribute malware through major dark web forum Darkode.
2019-6-12 16:40 | |
Russia’s Largest Bank Will Not Accommodate Crypto-Related Businesses Sberbank, the largest bank in Russia, has officially affirmed via its CEO Herman Gref that the institution will not create any service related to cryptocurrencies.
2019-6-7 21:28 | |
Avenir Suisse, an influential Swiss think tank, believes the country should make the move to become a "blockchain nation" with the development of its own national stablecoin and enabling the trade of cryptoassets.
2019-6-6 22:08 | |
By CCN: The re-election of Narendra Modi as India’s prime minister is going to make bitcoin trading come with a premium in the country. It is partially due to a full-fledged trading market that went underground abruptly owing to a blanket ban announced by the Reserve Bank of India (RBI).
2019-6-5 10:18 | |
Buying Bitcoin while shorting the stocks of multinational investment bank Deutsche Bank in 2019 might be the best trade you could have done in 2019. Long Bitcoin, Short The Bankers “Long Bitcoin, Short The Bankers” has turned into a somewhat popular catchphrase commonly used by Morga Creek Capital’s Anthony ‘Pomp’ Pompliano.
2019-6-5 02:00 | |
Buying Bitcoin while shorting the stocks of multinational investment bank Deutsche Bank in 2019 might be the best trade you could have done in 2019. Long Bitcoin, Short The Bankers “Long Bitcoin, Short The Bankers” has turned into a somewhat popular catchphrase commonly used by Morga Creek Capital’s Anthony ‘Pomp’ Pompliano.
2019-6-5 02:00 | |
By CCN: The U. S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U. S. -China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia.
2019-6-4 18:37 | |
By CCN: The Dow recoiled on Friday after President Trump dragged the United States into a trade conflict with Mexico, wreaking havoc on an already-fragile stock market. As Wall Street buckles up for yet another tariff-induced shellacking, equities analysts warn that Trump’s trade war tab is coming due, and the cost already adds up to a staggering $5 trillion.
2019-6-2 20:00 | |
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
By CCN: Sberbank, the largest bank in Russia, is scrapping its crypto plans, citing the anti-bitcoin sentiments of government regulators. Ironically, the CEO of Sberbank, Herman Gref, is a bitcoin proponent.
2019-5-31 00:30 | |
Bitcoin Upswing To Slow Mike Novogratz, the Wall Street veteran founder of crypto bank Galaxy Digital, expects for Bitcoin (BTC) to soon slow its swing to the upside after rallying over 130% year-to-date.
2019-5-31 22:30 | |
By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions.
2019-5-24 22:55 | |
“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit.
2019-5-22 12:00 | |
According to a report by The Myanmar Times, published May 20, 2019, the Central Bank of Myanmar (CBM) has warned investors against trading in cryptocurrencies due to their volatile nature. The Burmese Apex Bank Issues an Anti-Crypto Warning Aiming to safeguard novice investors from the volatile nature of digital currencies, the CBM earlier has issuedRead MoreRead More.
2019-5-21 13:00 | |
Bitcoin’s 2019 surge has led to some pundits scaremongering again, telling the crypto community that it is entering another bull trap. Bitcoin demand does, however, have some fundamental drivers fueling it.
2019-5-21 18:53 | |
Despite abandoning plans to build its own Bitcoin wallet, ABN AMRO is not quite done with blockchain tech. The Dutch banking giant has announced plans to launch a decentralized trade inventory platform in collaboration with Accenture and ING Bank, according to a press release (spotted by CoinDesk).
2019-5-20 18:00 | |
As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.
2019-5-21 17:10 | |
By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch.
2019-5-20 17:30 | |
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used.
2019-5-18 02:00 | |
Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live.
2019-5-16 19:14 | |
By CCN: Monday’s devastating stock market massacre wiped a staggering $1 trillion from equities valuations as the U. S. -China relations escalated into a full-blown trade war. American farmers, among the worst hit by the trade war, are saying they feel like “it can’t get worse,” but economists fear a global recession is next.
2019-5-15 18:07 | |