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People’s Bank of China (PBoC) FinTech Institute is Looking for Skilled Blockchain Job Candidates
The era of blockchain has come to stay as it is widely growing among Fintech industries, banks, and many more areas. Also, job openings on the blockchain are on the rise today, and many Fintech and companies search for blockchain talents almost every day. дальше »
2019-5-22 03:18 | |
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Why Are Big Banks And Corporate Companies Supporting Ripple (XRP) More Than Retail Investors?
Ripple And XRP Hated By The Crypto Community Loved By Banks Ripple is one of the most popular crypto companies in the cryptocurrency market and world. The firm is working in order to improve cross-border transactions and payments around the world. дальше »
2019-5-21 21:23 | |
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The Roadblocks to European Fintech Expansion
“The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. дальше »
2019-5-21 18:01 | |
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India: Private sector bank ‘blocks account for cryptocurrency use’; threatens to expunge credit facility
The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well. дальше »
2019-5-17 22:08 | |
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Finastra Signs Three French Banks to DLT Lending Consortium
Finastra, one of the world’s largest FinTech companies, has added three French Banks to its lending consortium that runs on a distributed ledger. SocGen, BNP Paribas, and Natixis have joined NatWest on the DLT platform that went live in October 2018, as announced on their website on May 14, 2019. дальше »
2019-5-16 01:00 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Over 50 Companies Try the New Voltron Trade Finance App Built on R3’s Corda Blockchain
Over 50 other banks and companies participated in different tests of a new trade app called Voltron. Some of the institutions involved include ABN Amro, Standard Chartered and ING, among many others. дальше »
2019-5-8 20:30 | |
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Cryptocurrency-Centric Companies in India are Helping Banks with Blockchain in Thailand
Wipro, which is a multinational Indian Tech company, has gone ahead to develop a solution that can be used by banks within Thailand, the solution has been based on the blockchain technology. All this comes at a time when the banking sectors together with the government are looking on ways to enact the blanket ban […] дальше »
2019-5-8 18:21 | |
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Indian Crypto Companies Are Now Helping Thailand’s Banks Instead
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. дальше »
2019-5-8 21:00 | |
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Are Banks Starting To Wade Into The Crypto Pool?
Michael J. Casey, senior advisor for blockchain research at MIT, discusses the trouble crypto companies are still having getting banking services, the effects of the Bitfinex scandal, and what needs to be done to ease the fears of bank compliance officers. дальше »
2019-5-7 17:59 | |
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Indictments Issued for Two Individuals for Running “Shadow Banking” Operation
U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S. дальше »
2019-5-2 23:54 | |
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‘Shadow banking’ duo charged for laundering millions of dollars for cryptocurrency exchanges
The US Attorney for the Southern District of New York has charged two people in connection with running an unlicensed money transfer business used to make deposits for cryptocurrency exchanges. дальше »
2019-5-1 13:13 | |
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Lenovo Signs Agreement with IBM to Use Blockchain Technology for Customer Service Processes
Blockchain technology is quickly being implemented throughout the world, hoping to show the power of the immutable ledger. As banks attempt to use blockchain for themselves, others choose to partner with companies that already have the necessary infrastructure. дальше »
2019-4-26 02:31 | |
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New Oracle and Finextra Report Details How Crypto Assets Can Prevail in the Corporate Banking World
The world of traditional finance has long been apprehensive about cryptocurrency entering their space, fearing that the market could become strong enough to be a contender for fiat currency. Lately, as NewsBTC reports, fintech companies have been increasing on a consistent basis, slowly surpassing corporate banks. дальше »
2019-4-25 01:38 | |
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Ethereum Will Be Hard To Stop At This Point When 200+ Banks, More Than 50 Billion-Dollar Companies Including Microsoft Azure Involved
Ethereum (ETH), the 2nd-largest cryptocurrency by market cap – known for its decentralized platform that runs smart contracts and… The post Ethereum Will Be Hard To Stop At This Point When 200+ Banks, More Than 50 Billion-Dollar Companies Including Microsoft Azure Involved appeared first on Invest In Blockchain. дальше »
2019-4-25 22:57 | |
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JP Morgan Expands Blockhain Payment Services to 220 Banks via Interbank Information Network
According to a recent report released by CoinDesk, the investment banking giant JP Morgan Chase aims at expanding its blockchain payment services to reach 220 banking members. The intention is to include settlement features and compete against companies such as Ripple. дальше »
2019-4-22 17:47 | |
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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency
North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. дальше »
2019-4-15 12:56 | |
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem
Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server). дальше »
2019-4-12 22:03 | |
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Multi-Currency Wallet App Quppy Launches Euro Account Service for People and Companies
Bitcoin Press Release: Multi-currency wallet app Quppy has launched a new service that enables euro accounts to be opened through EU banks, for individuals and legal entities. April 11th, 2019, TALLIN, ESTONIA – Users of the Unique, Multi-Currency, Cross-Platform Crypto-Wallet Quppy, can now undergo a verification process and open an account via the Quppy Wallet […] The post Multi-Currency Wallet App Quppy Launches Euro Account Service for People and Companies appeared first on Bitcoin PR Buzz. дальше »
2019-4-11 12:02 | |
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Tata (TCS) Quartz Allows Banks And Payment Systems To Be Connected To RippleNet
TCS Allows Banks And Payment Systems To Be Connected To Ripplenet Tata Consultancy Services (TCS), a recognized consulting and business solutions in the country, is allowing companies to help companies to embrace blockchain technology and be connected to Ripplenet. дальше »
2019-4-7 23:32 | |
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500€ Worth EST-Coins to Every New E-Resident of Estonia by piixpay.com
Estonian government-run e-Residency program has been a huge success so far. It’s a digital identity issued by the government, providing access to Estonia’s e-services and transparent business environment. дальше »
2019-4-1 18:19 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Anti-Bitcoin Banks Paid Over $243 Billion in Fines Since the Financial Crisis
Banks are quick to label Bitcoin the money of criminals. But banks fines since the financial crisis have totaled over $243 billion. Bitcoin fines? Zero. Isn’t it time for society to open its eyes? Banks Don’t Want to Work with Cryptocurrency Companies I tried to make a small purchase from a well-known cryptocurrency exchange earlier this week. дальше »
2019-3-28 01:00 | |
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Binance Partners With IdentityMind for Enhanced Compliance and Security
Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols. дальше »
2019-3-28 18:08 | |
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Dogecoin (DOGE) could replace credit card companies in the long run
The idea of cryptocurrency disrupting the world financial system is not far-fetched. In fact, as crypto goes mainstream, banking as we know it today may cease to exist. Cryptocurrencies could do to banks what the internet did to the mainstream media. дальше »
2019-3-27 14:54 | |
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Haters be Damned: Apple’s Credit Card is the Most Revolutionary Launch in Its 40-Year History
Apple launched a credit card on Monday to a chorus of “so what?” from investors. Apple stock crashed overnight and everyone from CNBC to Huffington Post called it underwhelming. They’re wrong. The Apple credit card is the biggest game-changer in the history of the company. дальше »
2019-3-27 15:36 | |
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PwC Partner: Central Bank Digital Currencies Need to Be Stress-Tested by Big Companies
Pauline Adam Kalfon, a blockchain and financial services partner at PwC France, explained that central banks may start to accept the idea of issuing their own digital currency once big companies have stress-tested the technology, as noted on Forbes on March 22, 2019. дальше »
2019-3-25 12:00 | |
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On Blockchain Island, Crypto Companies Are Still Unbanked
Malta is one of the world's most crypto-friendly jurisdictions, but banks are largely unwilling to do business with the blockchain industry. The post On Blockchain Island, Crypto Companies Are Still Unbanked appeared first on Crypto Briefing. дальше »
2019-3-23 20:14 | |
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Crypto Companies Can’t Exist Without the Banks: JPMorgan Executive
Cryptos will ultimately replace the banks, right? Wrong. At least not according to one executive at JPMorgan Chase. The traditional banking industry is so intertwined with society that it’s practically impossible to uproot, he believes. дальше »
2019-3-21 18:24 | |
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PrepayWay: International Blockchain Equity Crowdfunding Business?
What Is PrepayWay? PrepayWay is a blockchain-based ecosystem for complex processes. It aims at simplifying and streamlining how companies across various industries collaborate, contract, and transact with each other. дальше »
2019-3-21 11:19 | |
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Bitcoin-Friendly US Bank Silvergate Now Serves Over 500 Crypto Companies
Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U. дальше »
2019-3-20 19:47 | |
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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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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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Banks Greased with Dirty Money Are Terrified of Becoming Obsolete
Most cryptocurrency companies struggle to get a bank account. This is mainly due to inadequate anti-money laundering procedures and the banks’ fear of being fined. At least, that’s what these centralized institutions with coffers stuffed full of dirty money want you to believe. дальше »
2019-3-14 03:15 | |
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1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme
A new set of reports by the Organized Crime and Corruption Reporting Project, compiled from over 1. 3 million leaked transactions from 238,000 companies, have linked many major banks to a scheme to channel billions of dollars out of Russia. дальше »
2019-3-7 08:25 | |
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Blockchain and Crypto Firms in Malta Struggle to Find Banking Services
Blockchain and cryptocurrency firms are facing difficulties with opening bank accounts until they get their Malta Financial Services Authority (MFSA) license according to the Times of Malta report on March 1, 2019. дальше »
2019-3-5 13:00 | |
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Big Banks Refuse to Bank Crypto Companies, Says Bloomberg Report — Here’s Why.
Bloomberg reports that crypto companies in countries across the world have been experiencing several problems with operating their businesses,… The post Big Banks Refuse to Bank Crypto Companies, Says Bloomberg Report — Here’s Why. appeared first on Invest In Blockchain. дальше »
2019-3-5 09:27 | |
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Crypto Businesses Being Turned away from Banks, Report Says
Crypto businesses, particularly the smaller ones, are facing the ongoing problem of banks refusing to open accounts for them, a March 3, 2019 report says. Turned Away While large financial institutions like Julius Baer and JP Morgan have jumped head-first into the crypto market, it seems companies in the same space are struggling to accomplishRead MoreRead More. дальше »
2019-3-5 00:00 | |
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Bahrain Could Squeeze India to Re-Open its Crypto Market and Legalize Bitcoin
As per the request of the Reserve Bank of India, the country’s central banking institution, local banks have been disallowed from dealing with crypto businesses such as Bitcoin exchanges since 2018. дальше »
2019-3-4 14:18 | |
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Maltese banks reluct against opening accounts for crypto companies
The plans of the Malta authorities to turn the island into a global blockchain hub may break on the unreadiness of the financial system to cooperate with cryptocurrency startups. According to market participants, the banks of Malta hardly open accounts for crypto companies. дальше »
2019-3-5 13:20 | |
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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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Crypto Start-ups in Malta Facing Issues Accessing Banking Services
A lot is reported in the crypto and mainstream press about Malta and its open stance towards companies innovating with both cryptocurrency and blockchain tech. However, it appears that many start-ups are struggling to secure banking services with the island’s financial institutions. дальше »
2019-3-2 00:00 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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Pot Stocks Get High as Fed’s Powell Calls for Banks to Clear the Smoke
Speaking in front of the US Congress today, US Federal Reserve Chair Jerome Powell said clarity is needed for US banks dealing with cannabis companies. Marijuana is illegal under Federal law but legal now in 10 US states creating conflict for financial institutions. дальше »
2019-2-27 11:50 | |
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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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Latin America’s Biggest Investment Bank Launches Security Token
Banks once refused to work with blockchain companies in Brazil. Now, BTG Pactual, Latin America’s largest standalone investment bank, is launching a security token of its own. A Wave of Change in Brazil There seems to be a wave of change happening in Brazil. дальше »
2019-2-22 14:00 | |
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BigTech vs. FinTech: Whom Financial Institutions Should Fear More?
CoinSpeaker BigTech vs. FinTech: Whom Financial Institutions Should Fear More? While banks are afraid of the competition with FinTech startups, they forget about BigTech companies that can be really serious rivals for them, according to experts from Financial Stability Board. дальше »
2019-2-18 17:22 | |
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Lawyers Could Damage Ripple if they Want for the Methods Used by the Company to Promote XRP
Ripple is currently facing a legal battle to avoid XRP being considered a security by the U. S. Securities and Exchange Commission (SEC). It has been a tough year for Ripple and the XRP digital asset. дальше »
2019-2-16 23:54 | |
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Is The Future Of Ripple’s XRP Coin In Jeopardy With JP Morgan’s Digital Asset For Financial Transactions?
JP Morgan could damage Ripple’s intention to become the new company that processes international financial transactions between companies and banks. JP Morgan Chase will be issuing its own digital asset called JPM Coin. дальше »
2019-2-15 08:12 | |
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