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Goldman Sachs And Morgan Stanley Are The First Banks To Use IBM Blockchain’s CLSNet
Goldman Sachs And Morgan Stanley Are The First Banks To Use IBM’s CLSNet The bank-owned currency trading utility CLS, which now has a partnership with the tech giant IBM, has finally made its joint effort with IBM, CLSNet, go live after more than two whole years of development. Now, companies like Goldman Sachs and Morgan […] дальше »
2018-11-28 20:10 | |
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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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Central Bank of Iran (CBI) Finalizes Cryptocurrency Development Of Rial-Pegged National Token
Iran Finishes The Development Of Rial-Pegged National Cryptocurrency Iran’s local media reports that has completed the development of its national cryptocurrency which will be backed by Rial. When the Central Bank of Iran (CBI) approves the uses of national cryptocurrency, it will be issued to financial institutions such as banks to test payments and internal […] дальше »
2018-11-12 05:38 | |
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Ripple Exec: XRP Is “Bitcoin 2.0” – It’s Like Bitcoin On Steroids
Ripple, the company that created XRP, has been one of the big companies leading the pack in terms of development of blockchain-based products. The products are focused on providing solutions to the many financial institutions struggling with the shortcomings of the current system. дальше »
2018-11-3 03:12 | |
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Dilip Rao On XRP: The Fastest Crypto Network Is The Ultimate Solution To Liquidity Problems
The crypto community has been known to castigate Ripple, a blockchain development company, for using the blockchain technology to team up with banks. As is also known, cryptos and banks don’t exactly see eye-to-eye, given that cryptos basically seek to throw traditional banks out of business. дальше »
2018-10-31 20:44 | |
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Gemini Appoints Former Goldman Techie as Director of Business Development
The cryptocurrency sector, despite being looked down upon by Wall Street, is busy poaching head honchos from top banks and technology companies. Recently, New York based cryptocurrency exchange Gemini appointed Esther Babb as its new director of business development. дальше »
2018-10-19 15:44 | |
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Long-Time Critic Explains Why Bitfinex is Unable to Work With Banks
Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has stated in an interview with Modern Consensus that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services. дальше »
2018-10-18 18:00 | |
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Barclays Shuts Down Cryptocurrency Trading Division Just Months After Launch
After introducing cryptocurrency trading services to well-received appreciation earlier 2018, financial services giant Barclays has reportedly shut down the desk without providing sufficient reason. дальше »
2018-10-16 10:00 | |
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Research: Corporations struggle to scale their blockchain solutions
Research from financial market advisory firm Greenwich Associates has found corporations are struggling to deliver on their blockchain promises. Greenwich Associates interviewed 213 companies – that claim to be working on integrating blockchain or distributed ledger technology (DLT) into their business – to establish the challenges they face and why development has been slower than expected. дальше »
2018-10-15 13:50 | |
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Bitcoin ETF Mover Is A Crucial Advantage
The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs. дальше »
2018-10-12 12:00 | |
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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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J.P. Morgan Boosts Trials of Ethereum-Based Enterprise Blockchain with 75 new Partners
Over 75 international banks joined as participants on a significant blockchain payments trial piloted by the likes of J. P. Morgan, ANZ and the Royal Bank of Canada, reported Financial Times on September 25, 2018. дальше »
2018-9-27 19:30 | |
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Europe’s central bank wants nothing to do with cryptocurrency (for now)
Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful. дальше »
2018-9-15 17:34 | |
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Alprockz Partners with Swiss Banks to Issue a New Stablecoin Backed by Swiss Franc
The Swiss company Alprockz AG announced the development of a new financial and technical tool, powered by the Ethereum blockchain-based platform to provide financial services by issuing ROCKZ stable coin. дальше »
2018-9-11 23:17 | |
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Mind Behind Bitcoin ATMs Develop Marijuana Dispensaries
Marijuana is an ever-growing industry where even some authorities have backed away from it. Nevertheless, in combination with credit card businesses and banks denying to provide services to many companies, limits have been put in place which has given alternative systems a great chance to prove themselves. дальше »
2018-9-6 13:00 | |
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Australia’s Brisbane Becoming a Cryptocurrency Hub For Travelers
Australia has been at the forefront of blockchain development and cryptocurrency acceptance this year. With several deals inked between major banks and corporations and an increasing adoption of digital currencies nationwide it is growing into a crypto powerhouse. дальше »
2018-9-5 17:00 | |
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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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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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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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Law Commission of India Recommends Use of Cryptos in Settling Gambling Transactions
Uncertainty continues to grip India’s crypto industry ever since the Rural Bank of India (RBI) imposed a ban on banks and other financial institutions, prohibiting them from dealing with cryptocurrencies. дальше »
2018-7-26 20:24 | |
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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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Bank of England Prepares to Integrate Blockchain-Based Products and Services
Banks and other financial institutions have never been particularly crypto-friendly. When it comes to blockchain technology, however, the story is very different. The Bank of England is looking to introduce a new payments system which will accommodate future blockchain integration. дальше »
2018-7-25 18:00 | |
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Ethereum [ETH] based game ‘FOMO 3D’ makes a splash, branded ‘Bitconnect 2.0’
On 21st July, users in the cryptocurrency world woke up to a startling development: an Ethereum-based gambling game where users could buy a ‘key’ and hope to be the lucky winner who wins all the Ethereum tokens in the pot. дальше »
2018-7-24 22:15 | |
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HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology
Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit. In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets. дальше »
2018-7-21 17:00 | |
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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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Tkeycoin DAO ICO
TCD Corporation (formerly Holding BR) is an IT company engaged in the development of modern solutions for the economic and public spheres of activity. Since October 2017, TCD Corporation has been designing and developing a new cryptographic decentralized platform - "Tkeycoin DAO" for payment systems, banking and financial sector. дальше »
2018-7-12 22:56 | |
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Regulators Finally Conclude Blockchain and Bitcoin are “Inseparable”
Singapore’s Chief Financial Technology Officer, Sopnendu Mohanty became the first official in the capacity of a financial regulatory body, to reiterate that ‘native tokens’ are inseparable from decentralised blockchain. дальше »
2018-7-12 22:19 | |
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Access to Banking Services is being considered by Switzerland for Crypto Businesses
Economy & Regulation Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Also read: Swiss Crypto Company Acquires License to Distribute Funds to Investors Banks Expected to Offer Services by the End of the Year In terms of crypto development, Switzerland is now standing at a crossroad. дальше »
2018-7-6 08:31 | |
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Ibm biockchain hosts cross first-border conducted by european major banks
A group of European banks have conducted a series of cross-border financial trades via a jointly developed blockchain-powered platform. As it has been revealed in the announcement made by the European IBM-powered blockchain trading platform we. дальше »
2018-7-4 16:37 | |
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Crypto Exchange Rougeies Trading Banks and RPIs in India
Exchanges Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Japan Confirms Entrance Into the Crypto Space Belfrics Resumes Trading Operations in India Belfrics, which claims to be “India’s fastest growing cryptocurrency exchange and blockchain development platforms,” announced on дальше »
2018-6-27 08:25 | |
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Updated Edition of Blockchain Revolution Fills In Some Big Gaps
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships. дальше »
2018-6-19 22:15 | |
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Korean Banks to Use Samsung SDS Blockchain in imitation of Verify Customer IDs beside July
A South Korean commercial banks group will initiate a blockchain-powered customer ID verification platform in July 2018, as per the reports on June 12. Reportedly, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be made use of in both online computer-based and mobile banking. According to the report, development […] дальше »
2018-6-15 19:26 | |
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