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What Is Open Banking, and Is It Good or Bad?
You know that major feature of blockchain technology? The one that cuts out the intermediaries and drives down the fees? Open banking is like fintech’s solution to that. If your bank is involved in open banking, it means that it’s part of a network of financial institutions. дальше »
2018-7-21 20:00 | |
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Barclays, 300 Year-Old UK Legacy Bank, Files Crypto Patents
The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage. дальше »
2018-7-20 02:55 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-17 22:53 | |
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Hong Kong Launches the Largest Government-backed Blockchain-based Trade Platform
According to the Financial Times, Hong Kong’s Central Bank will be testing out a blockchain-based trade finance platform. The platform is linked to 21 different banks which include HSBC and Standard Chartered. дальше »
2018-7-16 09:33 | |
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‘Scams’ And ‘Lies’: Tone Vays Takes Aim at TokenPay, Verge and Litecoin
Cryptocurrency trader and analyst Tone Vays has hit out at Litecoin and the self-professed “world’s most secure coin,” TokenPay — accusing the latter of being an outright “scam. ” Vays: TokenPay is a Verge ‘Byproduct’ TokenPay, which together with Litecoin this week confirmed it would purchase 9. дальше »
2018-7-14 21:00 | |
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TokenPay and Litecoin Foundation Acquire 9.9 Percent Stake in German Bank
On July 10, 2018, Swiss cryptocurrency company TokenPay, in partnership with the Litecoin Foundation, acquired a 9. 9 percent stake in Germany’s WEGBank AG with an option to purchase 90 percent of the latter’s business following relevant regulatory approvals. дальше »
2018-7-13 20:00 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »
2018-7-13 17:16 | |
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The Bank Of Finland Believes Bitcoin Is A Myth
WIthin Europe, the general feel for cryptocurrency is pretty positive. This is a sentiment reflected on both a government and societal level. Communities within Europe are spearheading cryptocurrency adoption movements and are also ensuring that crypto has a real place on the continent. дальше »
2018-7-12 17:00 | |
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Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds
The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency. дальше »
2018-7-12 15:00 | |
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Bitcoin, EOS, Litecoin, Stellar, Tron Technical Analysis July 11th
Litecoin Buys a Bank, EOS RAM issues and Bitcoin aims for $3,000 There is always mix reaction when it comes to future BTC valuation. Some analysts think price erosion will continue and even drive prices to $2,500 while others have reasons to believe that the market is bottoming out. By their own judgments, soon we […] дальше »
2018-7-11 17:33 | |
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Will Blockchain Boom in Israel’s Version of Silicon Valley? $100m Investment Fund Created
Benson Oak, an investment bank from the Czech Republic, has created a new Israel-dedicated fund. The firm said, on Sunday, July 8, that it had secured $25 million out of the $100 million total investment. дальше »
2018-7-11 15:54 | |
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Guess Who’s Angry At The Reserve Bank Of India – John McAfee
Crypto-celebrity John McAfee has spoken out against the Reserve Bank of India (RBI), whose decision to ban cryptocurrency is now in full force in the wake of a July deadline set by the RBI when the decision was initially made. дальше »
2018-7-9 23:30 | |
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Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar
Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting “Well, if central banks hadn’t created all those dollars,. дальше »
2018-7-7 15:00 | |
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‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners
The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster. дальше »
2018-7-5 17:00 | |
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HSBC, Deutsche Bank And More Successfully Testing Blockchain Transactions
Reports out today highlight that a group of banks have successfully trialled and tested a blockchain based bank transfer. This news is especially important, as it includes large scale banks such as HSBC and Deutsche Bank and is the first occurrence of a test that has been carried out across borders, and through many banks, over the blockchain. дальше »
2018-7-3 17:30 | |
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CoinMarketApp, The Latest Crypto Portfolio Management App Available On Android And iOS
Download for Android Download for iOS CoinMarketApp is stand out cryptocurrency management app, perfect for everything from viewing the latest news stories to market prices, ICO releases and so much more. дальше »
2018-7-3 12:15 | |
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Head Of Innovation At Santander UK Speaks Out About Ripple And OnePayFX
OnePayFX is a mobile application born through a partnership between Santander, and international bank and Ripple. By utilising Ripple technology, Santander aim to change the way cross border payments are made on a mainstream level. дальше »
2018-7-3 07:00 | |
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U.K. Banks Warned to Be Careful With Cryptocurrencies
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »
2018-6-29 18:17 | |
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Reserve Bank of Australia Has Some Interesting Views on Bitcoin
Australia is quickly positioning itself as a very interesting location for cryptocurrency and blockchain development. Although the overall climate appears relatively positive, it remains to be seen how things will play out. дальше »
2018-6-28 16:00 | |
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ING Bank: Crypto Uptake Will Multiply
A prominent bank brought an unexpected boost to the crypto industry. ING Bank released the findings of its latest crypto research report and claimed adoption could increase rapidly in the European region. дальше »
2018-6-27 21:59 | |
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2 apac Countries Have Ruled Out Central Bank Advanced Currencies
Australia and New Zealand have both just ruled out the option of pursuing a central bank digital currency (CBDCs) – at least for now. Subsequently, he reiterated the RBA’s stance on issuing a central bank digital currency – or an “eAUD” as the bank’s governor Philip Lowe called it in a previous speech – that a дальше »
2018-6-26 16:48 | |
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Just Four Banks Account For 90% of $200 Trillion in Derivatives Says OCC Report
JP Morgan, Goldman Sachs, Bank of America and Citibank account for some 90% of $203 trillion in derivative holdings out of all 1,357 insured U.S. commercial banks according to a report... The post Just Four Banks Account For 90% of $200 Trillion in Derivatives Says OCC Report appeared first on Trustnodes. дальше »
2018-6-22 19:23 | |
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Goldman Sachs CEO Says Bitcoin Not for Him as His Bank Bleeds the Economy Dry
WallStreetOnParade, one of my favorite sites tracking the depredations of America’s overclass, has a fun little story out today. The author, Pam Martins, tells of how she received a solicitation from Goldman Sachs for a loan only available to those for with the best credit rating for a ‘low’ APR of 7-25%. This offer, of […] дальше »
2018-6-22 03:27 | |
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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. дальше »
2018-6-21 14:00 | |
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World Refugee Day: How Digital Identities Can Help a Population in Crisis
According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. дальше »
2018-6-21 02:28 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
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. дальше »
2018-6-21 23:05 | |
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Central Bank of Brazil To Use Blockchain For Sharing Information
Brazil’s Central Bank (BCB) has announced the birth of its first blockchain project developed set to be rolled out at the end of the year. The Information Integration Platform for Regulators (Pier), the new system developed by the BCB’s IT Department (Deinf) will now be used by the central bank to send and receive information […] The post Central Bank of Brazil To Use Blockchain For Sharing Information appeared first on ZyCrypto. дальше »
2018-6-21 22:42 | |
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Covesting Invites Everyone to Test Their Platform
Covesting, a fintech startup launched by former Saxo Bank traders, has never failed to meet expectations of its users. It has rolled out all its products – its platform, exchange, informational and educational site Crypto Intelligence Portal – without violating any single deadline. дальше »
2018-6-20 18:30 | |
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Bank for International Settlements Attacks Cryptocurrencies: One Side of the Coin
In their latest Annual Economic Report, The Bank for International Settlements (BIS) has spoken out against cryptocurrencies, arguing that, ‘...beyond the hype, it is hard to identify a specific economic problem which they currently solve&rs дальше »
2018-6-18 13:25 | |
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Korean crypto exchanges step up to aml compliace. Banks are burning out
Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. дальше »
2018-6-18 10:37 | |
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Ripple To See A Positive Trend With This News
The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies. дальше »
2018-6-16 22:00 | |
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Big Brother Is Watching As Venezuelan Authorities Move To Monitor Bank Accounts
Reports out today suggest that the Venezuelan Government have now started to monitor traditional bank accounts in order to source and locate cryptocurrency related transactions. Those found to be engaging within cryptocurrency are to be severely punished. дальше »
2018-6-15 17:30 | |
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London Block Exchange To Strike Deal With UK Bank
London Block Exchange, a leading UK based crypto provider is alleged to be pairing up with a new UK based bank, ClearBank. ClearBank is the UK’s first modern clearing bank and aims to create new standards for market competition and transparency. дальше »
2018-6-15 15:30 | |
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National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money
Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches. дальше »
2018-6-15 12:30 | |
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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It
All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name. дальше »
2018-6-15 23:31 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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Reserve Bank of India Banned Cryptocurrency Out of Ignorance, Ban Might Soon Be Lifted
2018 has been a year of crypto regulations. After the massive bull run of 2017, twenty eighteen came in with an entirely different spirit, with various regulatory authorities formulating all kinds of laws to govern the Cryptospace. дальше »
2018-6-14 17:31 | |
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Cashout in 6 Seconds: ORCA Solution for Instant Crypto to Euro Withdrawals Will Cure Head-Aches for Crypto Users
Want to cash out Ethereum or other cryptocurrencies from an exchange instantly without paying ridiculous fees? ORCA can help you. The passage linking cryptocurrencies together regular finance is being laid. дальше »
2018-6-14 10:00 | |
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Cashout in 6 seconds: ORCA solution for instant crypto to euro withdrawals will cure head-aches for crypto users
Want to cash out Ethereum or other cryptocurrencies from an exchange instantly without paying ridiculous fees? ORCA can help you. The passage linking cryptocurrencies together regular finance is being laid. дальше »
2018-6-14 08:56 | |
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Are The Reserve Bank Of India About To Admit Their Mistake?
The Reserve Bank of India (RBI) hit the headlines a few months ago through their sudden decision to cut out cryptocurrency activities within their personal and corporate customers. To keep a long story short, they decided to state that they would not provide banking or financial services to anyone who engaged within cryptocurrencies. дальше »
2018-6-13 15:30 | |
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The previous occupant of fdic chair states “bank dominated payments system” could lead to severely negative consequences regarding cbdc
So they pull their uninsured money out of the banking system, disrupting the free flow of payments. […] However, suppose consumers could convert their bank deposits into a digital currency that would be issued and backed by the Fed? When it wants to raise rates — as it is doing now — it reduces its дальше »
2018-6-13 07:25 | |
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Swiss Bank to Allow Business Accounts for Crypto Companies
Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly. дальше »
2018-6-12 22:22 | |
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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience
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. дальше »
2018-6-11 16:51 | |
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