2018-11-21 22:52 |
Cryptocurrency payment services will be required to apply for one of three licenses: a money-changer, a standard payment institution, or a major payment institution.
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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Ripple has concluded its negotiation to merge with MoneyNetInt the UK based electronic money institution. This partnership with the duo is aimed at decentralizing the electronic payment methods. The coming together was announced recently stating that MoneyNetInt, will be able to use Ripple’s blockchain-based instant payment platform.
2018-10-23 01:14 | |
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Ripple is building on its success and consolidating itself as the “bridge” between the blockchain ecosystem and traditional fiat money based payment processors. During the Swell Conference, after announcing the public release of xRapid, the Ripple team commented that there were already three important global payment processors already making real use of this technology.
2018-10-18 02:50 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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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.
2018-9-29 10:51 | |
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Cross-border blockchain payment network Ripple announced today that Siam Commercial Bank (SCB), the first bank in Thailand will now be the first financial institution on RippleNet to explore a key feature called “multi-hop”, which allows the bank.
2018-9-28 20:41 | |
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Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information.
2018-9-8 21:57 | |
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Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018.
2018-9-6 21:57 | |
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Stronghold, a financial institution building an asset-agnostic global payment and trade ecosystem, has announced the first and only venture-backed USD Anchor on the Stellar Network, an open-source protocol for value exchange.
2018-7-18 22:59 | |
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A crypto startup Stronghold is launching a new stablecoin in partnership with IBM. Stronghold, a financial institution building an asset-agnostic global payment and trade ecosystem, is launching a cryptocurrency insured by the Federal Deposit Insurance Corp.
2018-7-17 18:51 | |
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Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3. The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act. Should
2018-7-3 09:06 | |
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Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.
2018-6-11 16:51 | |
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Neil Walsh, chief of the cybercrime and anti-money laundering arm of the United Nations' department on drugs and crime, has stated that the "anonymizing and pseudo-anonymizing" aspects of cryptocurrencies have made it extremely difficult to combat terrorist financing, money laundering, and cybercrime.
The US Securities and Exchange Commission (SEC) has settled with crypto exchange Bitqyck and its founders Bruce Bise and Sam Mendez over what the SEC believed was an unregistered token sale that raised $13 million.
Yesterday, August 28, Paige Thompson was indicted after allegedly hacking Capital One and 30 other entities. Along with being charged with wire fraud and computer fraud and abuse, court documents state Thompson used Capital One's cloud servers to mine cryptocurrency.
Federal court has entered case-ending sanctions against Craig Wright in the long-running court battle between Wright and the estate of his deceased developer partner, Dave Kleiman. Judge Bruce E.
The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet.
Westwood, California, resident Kunal Kalra has pleaded guilty to running an unlicensed bitcoin exchange and ATM. Kalra allegedly took part in $25 million worth of trading without obtaining a money-remitting business license or implementing any anti-money laundering processes.
Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project.