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OCC allows national banks to operate nodes and stablecoin networks

The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs). дальше »

2021-1-5 14:42


How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers

Readers of a certain age will remember a time when banks could increase your wealth, as well as store it. If you’re old enough to remember when Pokemon was just a card game, you might also remember a wise grandparent or uncle telling you to put your allowance in a high-interest savings account, where it […] The post How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers appeared first on Crypto Briefing. дальше »

2019-6-30 19:16


Ripple (XRP) Price Analysis: Uptrend Strong, Banks Will Pump or Crash Prices

Today’s Ripple (XRP) News There are two things that are unique about Ripple Inc. Their core objective is to roll out solutions that advance efficiency as well as cost savings. The second differentiator is of course their will to collaborate with the “system”, that is law makers and regulators, from the jurisdiction they operate from. […] дальше »

2019-5-22 18:33


Investment Banks challenged by blockchain upstarts

This combination of available financial data and new possibilities for blockchain-driven efficiencies have made the climate ripe for the disruption of traditional investment banks. “Accenture has estimated that some major investment banks could make a whopping $10 billion in efficiency savings by utilizing blockchain technology,” explains Thomas Levene, founder of Best Blockchain Solutions Consultancy. Thus, дальше »

2018-7-31 21:53


Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to their payment solutions and how they work. дальше »

2018-6-14 10:00