2018-9-19 20:20 |
A watchdog agency is looking into six banks after the Brazilian Association for Cryptocurrency and Blockchain filed a complaint.
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Cryptocurrency was designed to empower people by giving back their financial power and allowing them to avoid relying on governments and banks. Since its infancy, cryptocurrency has disrupted traditional financial services, including governments, central banks, and venture capitalists.
2022-9-20 15:49 | |
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Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.
2019-4-14 11:05 | |
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Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid.
2018-8-16 05:00 | |
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Banks had seen a stronger customer base before the going of Bitcoin and other altcoins which made up the cryptocurrency world. Such a short duration of cryptocurrency emergence had seen their customer base reasons.
2018-6-28 15:26 | |
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Heinz Tannler, the Financial Director of Zug, the crypto valley of Switzerland, has called on the Swiss Bankers Association (SBA) to bring blockchain companies into the traditional banking sector.
2018-6-28 12:29 | |
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The National Securities Market Commission (CNMV), BME and six European banks are working together on a blockchain-based project called Fast Track Listing. The project’s goal is to reduce the amount of time and processes required to record the issuance of financial warrants.
2018-6-27 14:17 | |
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Exchanges Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Japan Confirms Entrance Into the Crypto Space Belfrics Resumes Trading Operations in India Belfrics, which claims to be “India’s fastest growing cryptocurrency exchange and blockchain development platforms,” announced on
2018-6-27 08:25 | |
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Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months.
2018-6-27 07:25 | |
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Ripple XRP, the community led cryptocurrency and the birthchild of Ripple, could be about to find a new home in Dubai. Okay, this is obviously speculation based, but rumour has it, an event in Dubai, set for next week, has been set up to discuss the implications of Ripples xCurrent and RippleNet, across a 100-member network of banks.
2018-6-27 06:00 | |
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Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. For crypto maximalists, the idea of banks getting involved in cryptos is contrary to the very principles on which Bitcoin was created.
2018-6-26 21:04 | |
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The Let’s Talk Bitcoin Network has added a new show to its lineup, “What Bitcoin Did. ” The WBD podcast is hosted by U. K. -based Peter McCormack, an “accidental Bitcoin and Cryptocurrency investor, miner, blogger and podcaster.
2018-6-26 20:34 | |
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The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.
2018-6-26 19:36 | |
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The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to
2018-6-26 17:07 | |
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The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system.
2018-6-26 17:00 | |
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In recent time, there had been an adoption of some cryptocurrencies by major banks around the world. Ripple Lab the owner of XRP cryptocurrency had been able to enjoy partnership with at least 75 banks with Bank of England, U.
2018-6-26 16:11 | |
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It is no secret that big banks have expressed the desire to attack the value and premise of bitcoin and blockchain since being first introduced in 2009. Many have referred to the two as a fraudulent threat to traditional banking systems.
2018-6-24 15:00 | |
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One of the largest crypto exchanges in India, ZebPay, announced that as of June 22, it could be stopping all withdrawals to fiat in Indian Rupee from its platform. This comes on the back of an April 5 declaration by the Indian government that all banks must stop acting as intermediaries between exchanges and their […] Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-6-23 14:28 | |
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In the world of investing, fundamentals and a price of an asset class rarely move in tandem. While most digital currencies are down more than 50 percent from their highs, the fundamentals have improved rapidly this year.
2018-6-23 05:46 | |
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It is not a happy time for Bitcoin brokers in Ireland. Reports indicate that Irish banks are denying financial services to cryptocurrency traders. As a result, many are forced to either shutter their operations or open accounts with foreign banks.
2018-6-21 23:00 | |
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The bank accounts will not be named due to privacy concerns, Hoegner notes, adding that the firm had access to banks statements and employees, as well as contact with Tether executives. The cryptocurrency again fell under scrutiny from the crypto community in the wake of dissolving their connection with an auditor before the official audit
2018-6-21 23:37 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money.
2018-6-20 22:11 | |
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Local media outlet Kommersant reported last week about two of the largest Russian banks and their plans to offer crypto-based investment options. Alfa-Bank and Sberbank have begun experimenting with new products based on “digital financial assets” or CFA after a meeting last Wednesday.
2018-6-20 20:51 | |
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It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today.
2018-6-20 18:30 | |
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Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp.
2018-6-20 00:30 | |
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As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003.
2018-6-19 11:00 | |
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Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks.
2018-6-19 03:10 | |
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“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.
2018-6-19 22:15 | |
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The Metropolitan Commercial Bank, one of the few crypto friendly banks in the US, has referred to its crypto clientele as ‘pioneers’ and are not thinking of parting ways with the industry any time soon.
2018-6-18 15:27 | |
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Bank of International Settlements (BIS) warns virtual currency networks against overloading. The umbrella organisation for global central banks notes that blockchain technology networks will find it a challenge to bear the congestion as they become bigger.
2018-6-18 14:15 | |
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This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective.
2018-6-18 13:30 | |
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Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday. Sberbank, the main state-owned bank responsible for processing government employee paychecks, and Alfa Bank, the largest private bank in the nation, plan to enter crypto trading with the help of the AddCapital investment fund, the National Settlement
2018-6-18 10:31 | |
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Two of Russia's largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.
2018-6-18 08:00 | |
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To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they're "pioneers."
2018-6-18 06:30 | |
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While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering.
2018-6-18 02:20 | |
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Two of Russia's largest banks are getting ready to release cryptocurrency trading solutions that they will offer to their clients.
2018-6-16 22:02 | |
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Two Russian largest banks will test the service of private banking for investors wishing to work with cryptocurrencies. The pilot will be launched in the regulatory sandbox of the Russian Central Bank.
2018-6-16 11:26 | |
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The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This will obligate crypto exchanges to follow anti-money laundering directives like banks do.
2018-6-15 03:50 | |
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As many advocate to replace the U. S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics.
2018-6-14 15:27 | |
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The Central Bank of India – RBI has responded to an RTI query about why the decision to block banks from dealing in cryptocurrency was taken earlier this year – but the answer had no explanation whatsoever.
2018-6-14 14:08 | |
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Western Union Co. CEO Hikmet Ersek said the global money transfer service will not add a cryptocurrency transfer solution to its services anytime soon, MarketWatch reported June 13. People aren’t paying their hospital bills in cryptos.
2018-6-14 07:54 | |
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]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |
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The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference.
2018-6-13 21:00 | |
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In the latest update to the largest South Korean crypto stealing scandal valued at $37.28 million, media has unearthed evidence that banks had detected suspicious behavior at local exchanges. South Korea major trading center In terms of volume and number of exchanges, South Korean, is by far one of the largest trading centers of cryptocurrency […] The post South Korean banks suspected Coinrail transactions months before in Feb appeared first on ZyCrypto.
2018-6-14 16:25 | |
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The Indian government is reportedly “not in favor” of banning cryptocurrency, new sources claim June 13. Gov’t vs. Central Bank Citing local financial company Cogencis, local news media outlet Economic Times said a dedicated panel studying cryptocurrency “may suggest allowing cryptocurrency,” but with undisclosed “riders” – or provisos – about its usage.
2018-6-13 16:00 | |
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Exchanges Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year.
2018-6-13 09:13 | |
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Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year.
2018-6-13 07:40 | |
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The Financial Conduct Authority (FCA), U. K. ’s top financial watchdog, has advised banks to adopt appropriate measures to minimize the risks and exposure inherent in the cryptocurrency business. This advice was contained in a recent letter sent by the FCA to the CEOs of local U.
2018-6-13 06:37 | |
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Earlier this week, Switzerland’s Financial Market Supervisory Authority granted a banking and securities dealer license to crypto financial service Sygnum. Now, as the business attempts to become a full-fledged bank in Switzerland, it's looking to obtain a banking license in Singapore.
Bitcoin futures platform Bakkt has announced it will open its Bakkt Warehouse to customers on September 6, allowing them to hold their bitcoin with the firm. With the launch of the warehouse, Bakkt will also begin offering regulated, physically settled bitcoin futures on September 23.
Last Thursday, former Overstock CEO Patrick Byrne announced his resignation as both the head of the online retail giant and a member of its board. With a change in leadership, Jonathan Johnson has taken over as the new CEO, affirming that the company's blockchain-based efforts will continue as planned.
A recent report published by the crypto and blockchain analytics firm TokenInsight suggests that the crypto community's love affair with the initial exchange offering, supposed heir apparent to the initial coin offering, may already be ending after three short months.
Market players told Reuters that US-China trade tensions and a weakening yuan have increased crypto demand among Chinese investors.
Ripple's investment arm, Xpring, recently took part in a $4 million seed round for startup Coil, as well as gifted the fledgling company 1 billion XRP to help build its community.
The Securities and Exchange Commission has delayed its decision regarding three proposed bitcoin ETFs from asset managers Bitwise Asset Management, VanEck/SolidX, and Wilshire Phoenix. All decisions have been pushed to dates in late September and mid-October.