Bank for International Settlements Manager: Limits of Bitcoin and Blockchain Should Be Examined

2019-5-27 02:22

The long-standing debates about the credibility, general acceptance and adoption of cryptocurrency is nowhere near its end. People have in the past argued both ‘for' and ‘against' mainstream adoption of digital currencies.

A notable one was by Agustin Cartens, the general manager at Bank of International Settlements (BIS), who during a recent interview presented his […].

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The Central Bank Of Myanmar Seeks To Shun Bitcoin as Crypto Adoption Grows at Rapid Pace

Myanmar, a small developing country tucked in the western side of Southern Asia is showing signs of ignoring the bitcoin craze that has been on since its development. Since bitcoin is built on a concept that could entirely do away with banks if adopted due to its decentralization aspect, central banks are a little terrified […]

2019-5-21 02:01


Ripple: xRapid Appears on World Bank Official Website: “Pilot Saved 40%-70% In Foreign Exchange Costs” – A Step Closer To Mass Adoption?

It’s no news at this point that Ripple (XRP) is making headway with financial institutions around the world, as… The post Ripple: xRapid Appears on World Bank Official Website: “Pilot Saved 40%-70% In Foreign Exchange Costs” – A Step Closer To Mass Adoption? appeared first on Invest In Blockchain.

2019-4-1 08:46


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JPMorgan Estimates “Fair Value” of Bitcoin at $2,400; Crypto Miners React

According to a report published by South China Morning Post on February 21, 2019, the U. S investment bank JPMorgan Chase estimates the “fair value” of bitcoin (BTC) at $2,400. Cryptocurrency Miners Not Impressed JPMorgan, in their January report titled Blockchain and Cryptocurrencies 2019: Adoption, Performance and Challenges, estimates the intrinsic value or “fair value” ofRead MoreRead More.

2019-2-22 22:00


A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption

According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa.

2019-2-11 10:52


Биткоин-биржа Bitstamp заключила партнерство со швейцарским Dukascopy Bank

Клиенты швейцарского Dukascopy Bank смогут осуществлять операции с криптовалютой благодаря партнерству с ведущей европейской биржей Bitstamp. CRYPTO BANKING: We partnered with @DukascopyBankSA, a leading Swiss online #bank, to enable #bitcoin account funding for their clients.

2019-1-26 16:12


Голландский ING Bank подписал долгосрочное соглашение с блокчейн-консорциумом R3

Финансовый гигант ING Bank заключил 5-летнее соглашение с блокчейн-консорциумом R3, в рамках которого получил право на неограниченное количество лицензий на использование корпоративной платформы Corda.

2019-1-22 18:21


Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019

XRP continues its successful path to mass adoption as the ultimate token for interbank transaction processing. After multiple tests and announcements by several banks and payment processors, Euro Exim Bank of London finally announced that it will use XRP and Ripple’s xRapid software in a matter of weeks and before the end of Q1 this […] The post Euro Exim Bank Will Start Using XRP for Cross-border Payments in Q1 2019 appeared first on Ethereum World News.

2019-1-13 09:48


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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic

Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […]