2019-12-11 04:00 |
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
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The World Bank International Bank for Reconstruction and Development (IBRD) has taken a pioneering stride in the realm of blockchain and digital finance, spearheading a groundbreaking ˆ100 million digitally native note (DNN) issuance.
2023-10-25 10:00 | |
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Bank of England (BoE), the UK’s central bank and the world’s eighth-oldest bank, said it would form a task force to explore the launch of a digital currency, as per an official release today.
2021-4-19 12:13 | |
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Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network.
2019-8-22 20:30 | |
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The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond
2019-5-16 14:26 | |
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The International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token on… The post Breaking: World Bank Launches Learning Coin For Its In-House Purposes appeared first on Invest In Blockchain.
2019-4-16 11:19 | |
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The president of the World Bank has said Blockchain holds “huge potential” and that “embracing technology” is essential to it meeting its aims. Kim: World Bank ‘Not Keeping Up’ Speaking at the joint annual meetings event with the International Monetary Fund (IMF) this week, World Bank president Jim Yong Kim mentioned both cryptocurrency and distributed-ledger technology (DLT) within the context of Blockchain.
2018-10-12 05:00 | |
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The Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to issue the world’s first bond created, allocated and managed on the blockchain. Once issued, the bond will be managed by the World Bank in Washington and CBA in Sydney over a private Ethereum-based blockchain, with CBA stating that it remains open […]
2018-8-14 21:00 | |
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Australia’s Commercial Bank (CommBank) has partnered with the World Bank Group to offer a bond over the blockchain technology. In a statement released on Friday, the bank which is among the top four largest commercial banks in Australia informed the public about the partnership.
2018-8-10 23:03 | |
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In a world first, a blockchain bond has been mandated by the Common Wealth Bank of Australia (CBA) via the World Bank. The post World Bank chooses Common Wealth Bank of Australia for first blockchain bond appeared first on Ethereum World News.
2018-8-10 14:23 | |
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Even the goddamn World Bank isn’t immune to blockchain hype: it has mandated that the first ever bond be issued via blockchain. The Commonwealth Bank of Australia (CBA) will be issuing what’s being called “the Kangaroo bond.
2018-8-10 13:30 | |
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On the 7th of August, the London Block Exchange (LBX) teamed up with NANO to offer the first paring of Nano (NANO) with the GBP (British Pound). The LBX exchange allows users to also access their UK bank accounts in an efficient manner.
2018-8-10 12:30 | |
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Blockchain bond? The brother of the elusive British spy, James Bond? Or, a blockchain operation featuring a bond? Sadly, James isn’t about to acquire a blockchain based partner, he’s stuck with the Aston Martin for now.
2018-8-10 11:30 | |
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The Commonwealth Bank of Australia has been chosen by the World Bank Group to help issue a bond on a blockchain.
2018-8-10 09:00 | |
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The Commonwealth Bank of Australia has received a mandate from the World Bank to create and issue a bond exclusively on a blockchain
2018-8-10 07:41 | |
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LONDON, August 8, 2018 – Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them.
2018-8-9 23:46 | |
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Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies.
2018-8-7 23:23 | |
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Central banks around the world have had hawkish, unfavorable views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), stands as a striking contrast. The regulator has released a report in which it states that the use of digital currencies, especially when there is a digital version of the state currency, will help in […] Spanish Central Bank Backs Cryptocurrencies in New Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-7 19:29 | |
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It’s getting harder and harder to ignore the world of cryptocurrencies as they start to have a real impact on the fintech community and the wider world. That’s only likely to increase, so there’s no excuse for not knowing enough about them to see how they might apply to you and your business. Q2 […]
2018-8-7 15:48 | |
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The mythical fountain of youth. The tales of it appeared in writings by Herodotus, it was sought by the emperors of ancient China, for its sake alchemists spent years trying to create a philosopher's stone.
2018-8-7 12:30 | |
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Bitcoin (BTC)–One of the world’s largest investment banks has commented upon the rise of cryptocurrency, and found fault with the scalability and price volatility associated with Bitcoin. The Union Bank of Switzerland, an investment bank and financial services company, has joined the list of Bitcoin detractors who point out the obvious flaw with the currency: […] The post UBS: ‘Lack of Stability’ Preventing Bitcoin Going Mainstream appeared first on Ethereum World News.
2018-8-6 17:15 | |
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Bithumb Trading Volume Drops 40% After Bank Freeze Trading volume in one of the most important cryptocurrency exchanges in the world has dropped 40% after three days since its temporarily stopped accepting new users.
2018-8-4 00:26 | |
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Citibank are one of the world’s most renowned banks and financial services companies. Founded in 1812 in New York, the bank now operates worldwide with more than 2000 employees and a number of subsidiaries across Asia.
2018-8-3 17:30 | |
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Medici Land Governance, a wholly owned subsidiary of Overstock, has signed an agreement with the World Bank to design, implement and evaluate pilot programs which blockchenize land rights. “Joining forces.
2018-8-3 19:41 | |
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Fintech businesses struggling to stay inbounds of government rules may soon receive a dose of much-needed guidance via the Consumer Financial Protection Bureau (CFPB).
2018-8-3 18:23 | |
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One of the big “four,” the Agricultural Bank of China (ABC) has issued a loan, in a piece of Agricultural land to blockchain outlets, in a bid to encourage blockchain platforms to establish their network, at the most populous country in the world.
2018-8-1 01:34 | |
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To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.
2018-7-31 21:27 | |
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The MonetaryCoin Series — Machine Regulated Coin Cap MonetaryCoin is a new blockchain project based on an economic philosophy called Monetarism. Monetarism was made famous by Nobel Prize winning economist, Milton Friedman.
2018-7-31 19:43 | |
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The Neluns team recently announced it’s ICO, which will be held in three stages (rounds): Pre-Sale, Pre-ICO, ICO. The mission of Neluns is to create an innovative financial ecosystem combining within itself a bank that works with fiat as well as cryptocurrencies, a cryptocurrency exchange, and insurance company, thus, creating the most beneficial conditions for […] The post Neluns – New generation financial ecosystem appeared first on Ethereum World News.
2018-7-31 15:04 | |
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The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The ABC said the blockchain system is deployed among various nodes to facilitate the loan issuance including other commercial banks, the provincial branch of the People’s Bank
2018-7-31 13:17 | |
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A $300,000 blockchain loan backed by land has issued by the Agricultural Bank of China, the world’s fourth-largest bank by assets
2018-7-31 12:25 | |
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Issuance of the $300,000 land-backed loan becomes the first experience of the Agricultural Bank of China in issuing loans using blockchain. The post One of the World’s Largest Banks Issued $300k Loan Using Blockchain appeared first on CoinSpeaker.
2018-7-31 12:10 | |
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Galaxy Digital LP, Mike Novogratz’s cryptocurrency-focused merchant “bank”, is just two days away from starting operations. Mr. Novogratz’s new project will operate on the TSX Venture Exchange, a Toronto-based platform on which he expressed the utmost confidence.
2018-7-31 10:19 | |
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Commonwealth Bank of Australia Claims Success In Its Global Trade Blockchain Trial Banks around the world are starting to use the blockchain technology to make cross-border transfers. Now it was the time of the Commonwealth Bank of Australia (CBA) to use cross-border shipments with the blockchain technology to track the goods that were being carried […]
2018-7-31 09:36 | |
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Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.
2018-7-31 23:13 | |
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International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association.
2018-7-31 19:50 | |
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The founder of Galaxy Digital, Michael/Mike Novogratz, reveals that the world’s largest and first bitcoin merchant bank has suffered from a huge loss of $134 million in the first quarter of the year 2018.
2018-7-30 14:52 | |
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“Cryptocurrencies can bring significant advantages to the traditional economy and do not pose a global risk to financial stability. ” This was the general sentiment when the Finance Ministers and Central Bank Governors of the world’s largest economies spoke about cryptocurrency in the G20 conference.
2018-7-28 13:58 | |
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Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW).
2018-7-27 22:45 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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It seems there is a new word floating around in the crypto community – “unbanked” and it is being used to describe those who do not have an account with a financial institution or mobile money provider.
2018-7-26 09:41 | |
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Have you heard of the unbanked? According to The World Bank, “Globally, about 1. 7 billion adults remain unbanked—without an account at a financial institution or through a mobile money provider.
2018-7-25 19:00 | |
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Meetings of multilateral organizations, such as the World Trade Organization, International Monetary Fund and World Bank have focused fresh attention on questions affecting nations, with hostility and unrest among people living on marginal levels.
2018-7-24 19:00 | |
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On July 21-22, the Finance Ministers and Central Bank Governors of G20 countries met in Buenos Aires. Despite failing to come to definitive conclusions, the leaders of the world’s top economies expressed their seemingly positive yet fairly contained opinion of cryptocurrencies.
2018-7-24 00:00 | |
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After a cold start into 2018, bitcoin traders and holders witnessed an upward turn of the world’s first and largest cryptocurrency. Facing regulatory issues from across the globe Bitcoin is yet to become a part of the mainstream economics.
2018-7-23 19:14 | |
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As it stands, there are four central banks that run the financial world, and those are the U.S. Federal Reserve, European Central Bank (ECB), Bank of Japan (BOJ) and the Bank of England (BOE). According to most experts, these institutions are definitely the most powerful, influencing the interest rates of over $41 trillion worth of […]
2018-7-23 10:01 | |
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India is one of the many countries in the world that has placed a stringent ban on cryptocurrency trading, though the market may soon take a turn. Regulations with the Indian Reserve Bank have not changed at all, but that has not stopped KoinEx from bringing forth competition for the LocalBitcoins platform. This innovative project […]
2018-7-21 16:53 | |
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Interdealer broker TP Icap, one of the world’s largest institutions within the financial, energy, and commodities markets, is about to approach virtual currencies. It has set up a working group for the purpose of analyzing the best way to enter the burgeoning market and ecosystem.
2018-7-21 22:30 | |
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Today was the proverbial D-Day for the cryptocurrency industry in India as the Supreme Court was scheduled to hear the case against the Reserve Bank of India (RBI) instituting a ban forbidding all commercial banks in the country from facilitating crypto related transactions.
2018-7-20 19:39 | |
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Today (July 20, 2018) is an important day for the Indian cryptocurrency market as the Supreme Court resumes its hearing on the suit filed by crypto exchanges against the ban by the Reserve Bank of India (RBI).
2018-7-20 12:24 | |
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Temasek, a Singaporean investment firm, shows concerns over the potential impact of Donald Trump’s presidential victory on the global economy. According to a Bloomberg report, Temasek’s chief investment officer, Rohit Sipahimalani, argues that while Trump may appeal to markets due…
Bitcoin—a distributed, battle-tested, and censorship-resistance peer-to-peer network—can lay the foundation for a robust DeFi sector.
Crypto cards allow users to spend their crypto in the same way that they might spend their fiat currencies.
Crypto has been in turmoil over the weekend, but trading volumes in Bitcoin ETFs are hitting unprecedented levels, and despite widespread sell-offs, major financial institutions don’t appear to be selling — yet.
Blockchain technology allows the hyper-financialization to be fair and transparent, where Bitcoin has become a foundation of hope for changes.
Defi’s emergence and growing use represent a shift in finance, promising greater autonomy and accessibility for a broader demographic.
According to a report by Allied Market Research, blockchain financial market participants are now exploring collaborations and acquisitions as a core strategy.