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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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South Korea: Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks
On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs). дальше »
2019-3-27 16:00 | |
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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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Agustin Carstens: Banks Should Not Issue Digital Currencies
Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no. ” Crypto Isn’t Cool? Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a “Ponzi scheme” and an “environmental disaster” in the past. дальше »
2019-3-23 02:33 | |
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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem
Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »
2019-3-23 17:29 | |
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JPMorgan Executives Flip Bullish on Crypto After JPM Coin Release
It’s no secret that the executives sitting at the top of JPMorgan Chase – one of the largest banks in the world – are not the biggest fans of Bitcoin and other similar cryptocurrencies. Although the bank’s distain towards the nascent technology initially appeared to be genuine – and possibly rooted in fear – it. дальше »
2019-3-21 01:00 | |
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Global Banking Standard Setter Admits Bitcoin and Crypto are a Risk to Banks
A group of international banking authorities, the Basel Committee on Banking Supervision, which is part of the Bank of International Settlements (BIS), has issued a statement on the current situation of the cryptocurrency market. дальше »
2019-3-15 11:20 | |
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Bitcoin (BTC) Demand Could Stem From Increasing Bank Scandals
Bitcoin prices consolidating but bullish Obscure banks real culprits in money laundering Transactional volumes drop below average Findings indicate that centralized global banks are agents of money laundering and not Bitcoin or cryptocurrencies as peddled by mainstream media. дальше »
2019-3-8 22:00 | |
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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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Andreas Antonopoulos Says More State-Sponsored Cryptocurrencies are Coming to Eliminate Cash
Andreas Antonopoulos, a Bitcoin (BTC) proponent and the author of Mastering Bitcoin, talked during a Q&A video about state-sponsored digital currencies. During the last years, there have been several analyses performed by financial institutions such as central banks regarding the issuance of central bank digital currencies (CBDC). дальше »
2019-3-1 19:37 | |
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Dukascopy Bank Launches Dukascoin Cryptocurrency as the First Regulated Bank ICO Token
We are at the dawn of a new age. You do not believe it? Well, just see how many banks are launching cryptocurrencies or at least digital coins that use the blockchain technology. Not only JPMorgan, one of the largest global banks of the world, has launched its own blockchain-based JPM Coin, now Dukascopy Bank […] дальше »
2019-3-1 04:55 | |
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Cryptocurrency Accounts for Less Than 2% of All Japanese Money Laundering Cases
Money laundering cases related to cryptocurrencies in Japan have increased significantly in 2018. Nevertheless, their number remains a fraction of the total. According to the Japanese press, the majority of reported money laundering instances actually involve banks and other traditional financial institutions. дальше »
2019-3-1 21:30 | |
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Voila! You Can Redeem BAT- an Ethereum Based Digital Advertising Token at Brands Like Amazon, Starbucks, Uber, and Apple
Cryptocurrencies are getting real and becoming much more acceptable day-by-day. The world of cryptocurrency and blockchain is gradually permeating into public consciousness. Ever since the global financial meltdown of 2008, man on the street is getting cautious of these powerful intermediaries like ‘Too-big-too-fail’ banks with entrenched interests and looking for an alternative form of exchanging […] Voila! You Can Redeem BAT- an Ethereum Based Digital Advertising Token at Brands Like Amazon, Starbucks, Uber, and Apple was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-2-28 19:29 | |
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Swiss Julius Baer ($254B AUM) Private Bank Now Offers Crypto to Its Clients
One of the largest private banks in Switzerland, Julius Baer, is officially providing their clients access to cryptocurrencies through… The post Swiss Julius Baer ($254B AUM) Private Bank Now Offers Crypto to Its Clients appeared first on Invest In Blockchain. дальше »
2019-2-28 19:46 | |
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Major Swiss Private Bank Now Offers Crypto to Its Clients
One of the largest private banks in Switzerland, Julius Baer, is officially providing their clients access to cryptocurrencies through… The post Major Swiss Private Bank Now Offers Crypto to Its Clients appeared first on Invest In Blockchain. дальше »
2019-2-28 19:46 | |
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Swiss Bank Julius Baer Launching Crypto Services to Meet ‘Increasing Demand’
The Swiss private bank industry is stepping up its efforts to become a formidable world player in the crypto industry. Now, Julius Baer, one of the largest and oldest Swiss private banks, and SEBA Crypto AG are joining forces to offer their clients a range of digital asset services, in a fully regulated environment. дальше »
2019-2-26 21:00 | |
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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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Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations
The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement. дальше »
2019-2-26 22:02 | |
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What Is Veritaseum? Introduction to VERI Token
What Is Veritaseum? Veritaseum is a distributed, peer-to-peer market for exchanging cryptocurrencies and other assets without middlemen like brokers and banks. It’s also a suite of dApps on the Ethereum blockchain, leveraging smart contracts to participate in P2P capital markets through data analytics. дальше »
2019-2-24 18:22 | |
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User Beware Of ‘Binance Deposit’ Cryptocurrency Lending Service
What Is Binance Deposit? Binance Deposit is a cryptocurrency lending platform for Bitcoin, Ethereum, and Litecoin. The platform seeks to create a financial system that is beyond traditional banks where users can earn profits from lending their cryptocurrencies. дальше »
2019-2-24 14:51 | |
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Ripple Supporters Mercury FX, Euro Exim Bank and TransferGo Explain Why XRP Blockchain is Powerful
Ripple's very famous objective is to use cryptocurrencies and blockchain technology (preferably, its own cryptocurrency, XRP, and its own blockchain technology and network) to make the world smaller by eliminating the friction prevalent in international money transfers. дальше »
2019-2-23 20:16 | |
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Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t
Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. дальше »
2019-2-16 22:00 | |
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Why can’t you mine XRP? Is Ripple’s model better than PoW cryptocurrencies?
Ripple and its “as-a-gift-received” cryptocurrency XRP have been beaten with many a stick in the past. Their cult-like following, their scummy marketing strategies, and their phantom partnerships/MoUs with the oh-so-hated-in-crypto banks/traditional finance have been covered far and wide. дальше »
2019-2-12 19:55 | |
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Philippines’ Central Bank Helps Launch Bitcoin ATM
One of the largest banks in the Philippines, Union Bank, has collaborated with the country’s central bank to launch a Bitcoin ATM, allowing customers to both buy and sell bitcoin for cash. Union Bank Launches Its First Bitcoin ATM Union Bank in the Philippines has launched its very first two-way Bitcoin ATM, according to a release. дальше »
2019-2-11 21:00 | |
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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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Union Bank of the Philippines Launching Cryptocurrency ATM
One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances. дальше »
2019-2-10 02:30 | |
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Bitcoin Cash Price Analysis: BCH Keeping up with BNB, Up 3.5%
Latest Bitcoin Cash News Good news is the UK is opening up, allowing businesses to explore a nascent but rapidly expanding asset class in cryptocurrencies. And this was expected. After all, the UK and London to be exact are a financial epicenter laden with banks and all kinds of brokerage firms. Read: CoinBase Announces Crypto […] дальше »
2019-2-7 17:34 | |
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The New-age of Financial Dis-Intermediation – P2P, STOs, Blockchain, & Cryptocurrencies
The Financial Services industry has always been resistant to disruption. Till the twentieth century, the banks have always been placed at the center-hub of any national economy. It has been tough to disrupt these entrenched institutions with multiple moats around them. дальше »
2019-2-7 16:39 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies
Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. дальше »
2019-2-5 13:25 | |
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My Bank App is Better Than Bitcoin for Payments (And That’s Fine)
The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. дальше »
2019-2-3 23:00 | |
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B2C2 Gets Go-Ahead from U.K. Regulators to List Bitcoin Derivative
B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U. K. -based subsidiary approval to offer the crypto space a new investment derivative. дальше »
2019-2-1 20:57 | |
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“Short The Bankers”: Financial Advisor Lauds Bitcoin (BTC) After BoA Charges
Banks Are 3,200% More Expensive Than Crypto Since Bitcoin (BTC) came into being, it has been lauded for being an alternative to the traditional financial system. Yet, those with a vested interest in this dinosaur-esque world have quickly rebutted these cries, noting that cryptocurrencies are not only slow, but are expensive, pro-anarchism, and accessible for […] The post “Short The Bankers”: Financial Advisor Lauds Bitcoin (BTC) After BoA Charges appeared first on Ethereum World News. дальше »
2019-1-31 05:45 | |
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Fidelity’s Bitcoin Custody Service Could Launch This March
Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody. According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March. дальше »
2019-1-31 23:39 | |
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JP Morgan is Bullish on Blockchain, Not Bitcoin, for Improving Banks and Payment Systems
Financial giant JP Morgan has not been silent when it comes to cryptocurrency. Recently, the institution released a report that asserted Bitcoin could dip all the way down to $1260 before it starts moving upward in price. дальше »
2019-1-30 17:27 | |
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Blockchain Use In Banks Is At An All-Time High, Here’s What We Know
Despite being initially created as the driving force behind cryptocurrencies, specifically Bitcoin, Blockchain technology has certainly come on leaps and bounds over the past decade. Not only is it the scaffolding through which thousands upon thousands of cryptocurrencies are now being created, but it has become the technology of choice for leading banks searching for […] The post Blockchain Use In Banks Is At An All-Time High, Here’s What We Know appeared first on CaptainAltcoin. дальше »
2019-1-29 11:26 | |
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South Korean cryptocurrency exchanges pool data to counter money launderers
Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. дальше »
2019-1-28 20:10 | |
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Simon Dixon Reflects on the 10th Anniversary of Bitcoin
With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years. дальше »
2019-1-26 01:44 | |
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BoE Senior Advisor: Cryptocurrencies ‘Are a Threat’ But I’m Not Too Worried
Live from a snow-covered World Economic Forum in Davos, the IMF cuts the global economic growth outlook by 3. 5%, the lowest in three years. Senior adviser to the Bank of England Huw van Steenis is leading their review of the future of finance, which he insists doesn’t include cryptocurrencies. дальше »
2019-1-22 11:30 | |
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UK Central Bank Adviser: Cryptocurrencies Not a Great Concern
It is pretty obvious why central and commercial banks are not fond of decentralized forms of finance. Giving financial control to the people takes it away from them, along with their fat profits and big banker boss bonuses. дальше »
2019-1-22 10:24 | |
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Saudi Arabia and UAE Banks Launch Pilot Cryptocurrency Initiative — Could They Be Using Ripple Technology?
Cryptocurrencies and blockchain technology are beginning to creep into real-world enterprise business. Ripple has already partnered with over 200… The post Saudi Arabia and UAE Banks Launch Pilot Cryptocurrency Initiative — Could They Be Using Ripple Technology? appeared first on Invest In Blockchain. дальше »
2019-1-22 08:52 | |
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BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street
Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies. дальше »
2019-1-22 06:00 | |
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Saudi Arabia and United Arab Emirates to Launch a Cryptocurrency for Banks. Underlying Blockchain Tech Still Undisclosed
The world of cryptocurrencies and blockchain technologies is slowly beginning to permeate the traditional finance market, and Arabs are willing to become references for other actors by using these technologies in large-scale operations. дальше »
2019-1-20 22:56 | |
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How Indian Crypto Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
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How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
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India: Banks Threaten to Close Customer Accounts if They Use Cryptocurrencies
A group of banks in India has begun to issue warnings to customers threatening to close their accounts in the event that they are found to have performed acts involving the use of cryptocurrencies. дальше »
2019-1-13 08:42 | |
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Banks in India: Don’t Touch Bitcoin Or Your Accounts Will Be Closed
Reports on social media indicate that banks in India are threatening customers that deal in Bitcoin and other cryptocurrencies with the closure of their accounts. This move is the latest salvo from the banking industry in a country where cryptos seem all but banned. дальше »
2019-1-12 17:00 | |
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