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Bank of America: ‘Blockchain Could be a $7 Billion Market’
New estimates from Bank of America indicate that the global blockchain market could eventually hit $7 billion. Even though the analysis didn’t provide an actual timestamp, it outlined that marquee companies like Microsoft and Amazon can benefit greatly from the emerging technology and its widespread adoption. дальше »
2018-10-3 20:00 | |
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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
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Bank of America Estimates Blockchain is a $7 Billion Market, Microsoft and Amazon to See Big Boost
BoA Estimates Blockchain is a $7 Billion Market, Will Significantly Boost Corporate Giants A new Bank of America report paints blockchain technology in a positive light, claiming that it could be worth $7 billion. дальше »
2018-10-3 05:39 | |
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Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank
A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate. дальше »
2018-9-28 00:30 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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Swiss Startup Raises Over $100 Million To Create Hybrid Cryptocurrency And Fiat Bank
If successful, the new bank could provide the cryptocurrency industry with in-demand banking services while simultaneously helping it integrate with the traditional banking sector.
дальше »2018-9-28 21:56 | |
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Brave Publishers Can Now Have Their Identities Verified with Civic
Civic, a digital identity firm, has collaborated with Brave, the privacy-based browser with a blockchain-based digital advertising platform, to provide identity verification services to Brave’s content creators. дальше »
2018-9-25 00:58 | |
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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world. дальше »
2018-9-27 21:21 | |
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Nigerian President Demands HSBC Bank Return $100M in Stolen Money
Decentralised cryptocurrencies like bitcoin are anathema to traditional banking. Bitcoin allows people to trade directly with each other, bypassing banks, the conventional middlemen. Banks make money by charging fees for the services they provide, including keeping one’s money in a bank. дальше »
2018-9-17 02:28 | |
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Japanese SBI Set to Launch Ripple-Based Mobile App
Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer "easy bank transfer application" without fees. дальше »
2018-9-15 22:03 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD). дальше »
2018-9-11 01:58 | |
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Swedish Valens Bank Enters Crypto Scene Preparing to Deliver Digital Assets Trading Service
Blocktrade Technology Ltd., a subsidiary of Stockholm IT Ventures AB, has signed an agreement with Valens Bank to provide a crypto fund trading service. The post Swedish Valens Bank Enters Crypto Scene Preparing to Deliver Digital Assets Trading Service appeared first on CoinSpeaker. дальше »
2018-8-24 16:22 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System
U. S. -based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. дальше »
2018-8-18 00:52 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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KORA: Kora Gateway launches, bringing improved financial services to emerging markets
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. дальше »
2018-8-9 23:46 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
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. дальше »
2018-8-7 23:23 | |
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Thailand: Central Bank Allows Institutions to Open Crypto-Specific Subsidiaries
Continuing its decisive development spree for the optimal growth of the cryptocurrency sector, the Bank of Thailand (BoT) passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries for dealing with related businesses. дальше »
2018-8-7 02:00 | |
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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done
This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. дальше »
2018-8-5 16:08 | |
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Everex partners with Myanmar’s Shwe Bank to Provide Migrants with Blockchain-Based Remittance Services
On July 31, 2018, Everex and Myanmar’s Shwe Bank announced a partnership to provide a blockchain-based solution to migrants. The deal will pave the way for the introduction of a blockchain-based remittance service that will allow migrants from Myanmar and Thailand to access cheaper remittance services. дальше »
2018-8-4 10:00 | |
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Coinbase Cryptocurrency Exchange Adds Buying British Pound Support
Coinbase Provides British Pound Support Coinbase announced in a blog post this week that it will now provide British Pound support (GBP). The platform’s customers with bank accounts in the United Kingdom will be able to conduct transactions more quickly. дальше »
2018-8-3 09:23 | |
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Northern Trusts are doing their part to aid in cryptocurrency investments
U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust дальше »
2018-8-1 19:55 | |
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Everex and Myanmar’s Shwe Bank to introduce blockchain-powered remittance
Financial blockchain firm Everex has announced a new partnership with Myanmar’s Shwe Urban & Rural Development Bank, a mid-tier challenger bank, to provide blockchain-powered digital remittance services between Myanmar and Thailand. дальше »
2018-8-1 15:13 | |
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Canada Backs Central Bank-issued Crypto to Bring Economic Gains
An economic and crypto researcher at the Canda’s central bank says that the existence of CBDCs could provide better flexibility in creating monetary policies. Banking institutions from around the globe and other financial agencies have been largely promoting the idea of Central Bank-backed Digital Currencies (CBDCs). Off lately we have been seeing a lot of дальше »
2018-7-28 23:03 | |
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Canada Backs the Idea of Central Bank-issued Crypto Amid its Potential to Bring Economic Gains
An economic and crypto researcher at the Canda's central bank says that the existence of CBDCs could provide better flexibility in creating monetary policies. The post Canada Backs the Idea of Central Bank-issued Crypto Amid its Potential to Bring Economic Gains appeared first on CoinSpeaker. дальше »
2018-7-27 21:12 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“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. дальше »
2018-7-26 18:55 | |
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Banco Bilbao Vizcaya Argentaria (BBVA) Bank Gets Blockchain Loan of $117 Million with ACS Group
The Banco Bilbao Vizcaya Argentaria – also known as BBVA – has signed a blockchain loan with ACS Group firm. The information has been released on July the 19 by BBVA in a blog post. The main intention behind this agreement with ACS is to provide a long-term bilateral corporate loan of €100 million. This […] дальше »
2018-7-22 02:08 | |
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HSBC Tentatively Discusses Cases For Using Blockchains And Cryptocurrencies
Cryptocurrency is not only dividing politicians across the globe, but is also dividing the financial and banking industries. While many are distancing themselves from investigating and investing in cryptocurrency and the wallets associated with holding coins, several are discussing the potential future possibilities that they could provide. дальше »
2018-7-22 23:00 | |
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New Zealand’s SBS Bank Explores Using Blockchain For User Experience Benefits
In some very positive blockchain news, one of New Zealand’s leading banks, SBS Bank, appears to consider integrating blockchain support to provide better user experience to their local clients. This proactive approach is very promising as most financial institutions are not offering enough options for their clients who are interested in investing in cryptocurrencies. Based […] дальше »
2018-7-21 00:38 | |
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New Zealand has confidence in bank shareholders
SBS Bank in New Zealand seems to be considering using blockchain technology as a way to provide an improved user experience for their clients. While some financial institutions are vehemently denying their customers’ interest in cryptocurrencies, New Zealand’s SBS Bank is taking a more pro-active approach. дальше »
2018-7-20 11:42 | |
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New Zealand Bank Shares Belief in Blockchain
SBS Bank in New Zealand seems to be considering using blockchain technology as a way to provide an improved user experience for their clients. While some financial institutions are vehemently denying their customers’ interest in cryptocurrencies, New Zealand’s SBS Bank is taking a more pro-active approach. дальше »
2018-7-20 09:00 | |
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Introducing Marble: World’s First DAO Bank Running on Ethereum Blockchain
The world’s first completely decentralized blockchain banking operation made up of only smart contracts has launched on the Ethereum network. The open-source banking platform called Marble was unveiled in a blog post on July 17, 2018. дальше »
2018-7-20 01:00 | |
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Payments made on Gmos new internet bank will be settled using the blockchain.
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The new entity – dubbed GMO Aozora Net Bank – aims to provide new financial services through the integration of fintech and IT, and will leverage advanced security certificates, blockchain, artificial intelligence and internet дальше »
2018-7-17 20:16 | |
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Bank of England Slammed for Falling Behind Regulating Crypto
The Bank of England (BoE) has been criticized in a UK Treasury Committee during a hearing on Digital Currencies on July 4. Three senior government and banking officials denied the claim, arguing that a taskforce is underway to provide clear guidance over what crypto regulations need to be imposed. дальше »
2018-7-15 12:00 | |
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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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China breaks up underground $1.5 billion World Cup crypto-gambling ring
In a first for China, an illegal World Cup gambling ring has been busted holding more than $1. 5 billion in live bets – all in cryptocurrencies. Six major suspects are in custody. Nestled in a southern Guangdong province, the syndicate is reported to have themselves been sitting on $1. дальше »
2018-7-13 11:49 | |
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Abra Announces New Credit Card Payment Options for Bitcoin Purchases
Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. дальше »
2018-7-13 00:38 | |
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BitUN Blockchain Bank And Bitrabbit Exchange Announce Cooperation
Two leading blockchain technology players, BitUN and Bitrabbit have entered into a strategic cooperation agreement. The agreement will see both parties conduct long-term and in-depth cooperation on various aspects such as funds custody, funds settlement and user system to fully integrate the superior resources of technologies, products and services to provide the most secure and […] дальше »
2018-7-12 12:40 | |
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Litecoin [LTC]’s Charlie Lee to back TokenPay in exchange for WEG Bank acquisition
On July 10th, Founder of the 6th largest cryptocurrency, Charlie Lee announced a partnership between Litecoin and TokenPay wherein the previously acquired 9. 9% of the WEG Bank by TokenPay was moved to Litecoin Foundation. дальше »
2018-7-12 21:40 | |
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German Bank gives many special accounts to Cryptocurrency firms
The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. дальше »
2018-7-9 08:06 | |
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Russian Payment Giant Qiwi Launches Crypto Investment Bank
Qiwi, one of Russia’s largest payment services providers, has launched a crypto investment bank. The bank will be known as HASH and will provide ICO issuers and crypto startups assistance, especially with fundraising. дальше »
2018-7-5 03:00 | |
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Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies
Bermuda is planning to introduce amendments to the Banking Act in order to provide banking services to local blockchain and fintech companies
дальше »2018-7-3 07:13 | |
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Russian Payment Provider ‘Qiwi’ Launches First Crypto Investment Bank
Qiwi has strengthened its position as the largest e-payments service provider in Russia, after launching the country’s first crypto investment Bank, HASH. Keying into the booming crypto market, HASH will provide advice to investors and also help interested companies to convert their assets to tokens. дальше »
2018-6-30 19:15 | |
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Media: Payment Supplier Qiwi launches Russia’s first ‘Crypto Investment Bank’
Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed “HASH,” local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia’s leading payment service provider Qiwi. дальше »
2018-6-30 18:18 | |
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Ripple Further Expands into India with its Major Private Bank Joining RippleNet
A leading Indian private sector bank Kotak Mahindra Bank will cooperate with Ripple to provide its customers with instant international remittance. The post Ripple Further Expands into India with its Major Private Bank Joining RippleNet appeared first on CoinSpeaker. дальше »
2018-6-29 22:35 | |
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Report: The central bank can provide digital currency digitalization, but the crypto will change very much
Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27. дальше »
2018-6-28 09:01 | |
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