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Ripple, Not XRP: Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we're doing great. We're using XRP for international payments to 18 EU countries and the USA. дальше »
2019-3-26 11:45 | |
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Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank
An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account. дальше »
2019-3-20 18:53 | |
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Bank Watchdog: Crypto Assets Fail as Money – and Digital Gold
The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures. дальше »
2019-3-14 01:30 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. дальше »
2019-3-3 13:00 | |
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America’s Signature Bank to Offer Services to Bermuda Crypto Companies
U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to […] The post America’s Signature Bank to Offer Services to Bermuda Crypto Companies appeared first on Bitcoin News. дальше »
2019-3-2 06:40 | |
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Signature Bank of New York to Open Up Banking Services for Bermuda’s Cryptocurrency Businesses
Signature Bank of New York is set to provide banking services to some cryptocurrency start-ups and other financial technology (fintech) companies in the Caribbean island of Bermuda. The island’s government officially announced the news through a Thursday press release. дальше »
2019-3-1 19:29 | |
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A New York Bank is Opening Accounts for Bermuda’s Crypto Startups
Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release published Thursday, the Government of Bermuda announced that it is partnering with New York-based Signature Bank. дальше »
2019-3-2 16:03 | |
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Breaking: A Major Swiss Bank Just Enabled Clients Access to Cryptocurrencies
In an official statement, Julius Baer, one of the biggest private banks in Switzerland, announced that the company is providing its clients access to cryptocurrencies. Julius Baer is pleased to announce the collaboration with SEBA Crypto AG to provide its clients with access to a range of new digital asset services. дальше »
2019-2-26 17:24 | |
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‘Bitcoin Mom’ Loses Her Bank Account for Investing in the Cannabis Industry
In the U. S. , Bitcoin Mom just found out that federal banks will close your account for investing in the cannabis industry. Could Bitcoin provide the solution? Cannabis Is Basically Heroin at a Federal Level in the States ‘Bitcoin Mom’ Brooke runs a cannabis shop in Colorado called the Bud Depot. дальше »
2019-2-26 17:00 | |
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Bahrain Central Bank Unveils Bitcoin Regulations
The central bank of Bahrain (CBB) has issued regulations for businesses engaging in Bitcoin and other cryptocurrency-related activities. The Middle East’s tiniest nation becomes the first in the region to provide official government backing for the emerging asset class. дальше »
2019-2-26 01:00 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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In the Daily: Huobi AML Measures, New OTC Desk, Bank Card Deposits
In The Daily this Monday, we feature several developments cryptocurrency traders may want to know more about. The Korean subsidiary of global digital asset exchange Huobi is enhancing its anti-money laundering measures and a new over-the-counter trading desk will offer services to crypto investors. дальше »
2019-2-25 10:31 | |
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IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent
An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019. дальше »
2019-2-23 00:42 | |
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Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
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Cryptocurrency in the developing world needs a fresh approach
It’s a common narrative that cryptocurrencies will provide a platform for the millions of unbanked individuals in the world to obtain financial freedom. In the developing world, around 50 percent of people over the age of 25 have a bank account. дальше »
2019-2-12 19:20 | |
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UnionBank Launches Two-Way Bitcoin ATM in the Philippines
The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar. дальше »
2019-2-12 00:10 | |
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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. дальше »
2019-2-11 10:52 | |
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HSBC leans on blockchain tech to process $250b worth of fx transactions
Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology. According to a report, the transactions, completed over the past year, were worth $250bn. дальше »
2019-1-14 20:56 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry
The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. дальше »
2018-12-30 02:57 | |
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Another great partnership for Ripple but what is in it for XRP?
RippleNet in the desert state. National Bank of Kuwait launches cross-border payment method with Ripple product Despite the continuing bear market, the adoption of blockchain technology is progressing steadily. дальше »
2018-12-29 19:10 | |
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Digital Currency Platform Revolut Receives European Banking License
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. дальше »
2018-12-14 23:35 | |
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TRD COIN ICO
INTRODUCTION We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features. дальше »
2018-12-11 09:03 | |
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This Year's G20 Put an Emphasis on Cryptocurrency Regulation
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. дальше »
2018-12-4 23:44 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Wyoming Passes Blockchain Bank Bill Despite Industry Opposition
Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. дальше »
2018-12-3 00:00 | |
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In Cautionary Speech, Chairman Clayton Parrots SEC’s Bitcoin ETF Concerns
Speaking at the ongoing CoinDesk's Consensus Invest conference in New York, U. S. Securities and Exchange Commission (SEC) Chairman Jay Clayton spoke on why his agency hasn’t yet approved a bitcoin exchange traded fund (ETF). дальше »
2018-11-29 21:56 | |
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Singapore Grants RMO License for CapBridge to Operate New Security Exchange
Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018. дальше »
2018-11-24 21:31 | |
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Bank Frick Funds a Blockchain Research Center at the University of Liechtenstein
To mark two decades of its existence, Bank Frick is sponsoring a blockchain research and certificate program at the Liechtenstein University. Specifically, the bank will provide financial support for blockchain and fintech-related research at the university for five years. дальше »
2018-11-23 05:03 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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Ripple Labs Blockchain Network CEO Sets Sights On Toppling The SWIFT Banking Network
Ripple Sets Sights On Swift Banking Network Blockchain company Ripple is currently looking ahead at technology that will provide its customers with a faster and better system and one contender is Swift Banking Network. дальше »
2018-11-15 01:23 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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AERGO’s strategic partner runs micro-payments for the Bank of Korea and will provide a distributed storage platform for Korea’s Ministry of Land
On November 11, Blocko, AERGO’s strategic technology partner that builds the AERGO platform, announced that it would provide a blockchain-based distributed storage platform to connect real estate registries to government network data with a blockchain ledger for the Korean Ministry of Land, Infrastructure, and Transport. дальше »
2018-11-13 14:33 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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Nigerian Startups Call for Cryptocurrency Regulation to Stem Investment Outflows
Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan). дальше »
2018-11-10 02:15 | |
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Swiss Regulator: Crypto Assets Need 800% Risk Weighting In Absence Of Formal Rules
Swiss financial regulator has informally signaled cryptocurrency investments should have a risk weighting ratio of 800 percent of the original amount. FINMA Highlights Bank, Dealer Queries According to local news media outlet Swissinfo, the Swiss Financial Market Supervisory Authority (FINMA) revealed the figure in October in response to a query by trustee and accountant association EXPERTsuisse. дальше »
2018-11-5 19:00 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Victorieum ICO (VTM Token): Safe Cryptocurrency Project Investment?
What Is Victorieum? Victorieum is a blockchain-based offshore bank that services cryptocurrency traders, enthusiasts, and investors. The platform aims at offering its users with a cryptocurrency banking system that will provide banking services such as asset management, crypto backed loans, credit cards, crypto exchanges, and much more. дальше »
2018-10-23 10:23 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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Neglected BCH Companies Have Been Offered New Solution
Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency. дальше »
2018-10-11 13:30 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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