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Trump Sues Banks to Block Dems Attempting to Wrangle His Tax Returns
By CCN: President Trump is taking a stand against Deutsche Bank and Capital One for participating in a frivolous plan once again being enacted by House Democrats. This time, liberals are looking to gain access to the president’s financial records, including data regarding his personal finances, his businesses, and his long-sought tax returns. дальше »
2019-5-2 03:24 | |
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Collaboration Between Thomson Reuters and IBM Will Help Banks Deal with Regulatory Requirements
With the regulatory atmosphere for the crypto space, the banking industry has had some difficulty in adjusting. Considering the evolving space, IBM and Thomson Reuters have reportedly collaborated in an effort to help banks to address the new requirement being implemented. дальше »
2019-5-2 01:34 | |
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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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Moody’s Ratings Agency Warns Against Risks Associated With Private Blockchains
On April 25th, rating agency Moody’s released a report titled “Blockchain Improves Operational Efficiency for Securitizations, Amid New Risks.” In the report, the rating agency highlights the growing attraction of blockchain technology to banks and others involved in so-called securitizations, or the conversion of debts and other financial assets into easily tradeable forms. Moody's Investors […] дальше »
2019-5-1 06:19 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Ripple Partner Bank of England’s Governor Promises to Reinvent the Central Bank for ‘Fourth Industrial Innovation’
Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […] дальше »
2019-4-30 18:34 | |
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Top Five (5) Blockchain Technology Use Cases For Central Banks
Introduction The coming of Bitcoin, Altcoin and blockchain technology has met with so much criticism in the early days. The new innovations these digital currencies came with were hugely criticized especially by financial institutions and central banks in general. дальше »
2019-4-30 22:50 | |
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IBM and the Brave New Financially Inclusive World: What Unbanked to Big Banks Entails
The introduction of digital currencies such as Bitcoin created a rush of people to proclaim that a revolution was in the offing. That we, the people, would be set free from the shackles of central bankers and retail banks, and be in complete control of our money. дальше »
2019-4-29 23:32 | |
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NY Attorney General goes after Tether and Bitfinex for $850M cover-up
The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether. As court documents dated April 24 state, neither Bitfinex nor Tether are licensed to operate in the state of New York, and yet the Office of the Attorney General (OAG) believes New York-based investors did use the exchange to trade Tether. дальше »
2019-4-26 12:29 | |
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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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Fintech Startups are Overtaking Banks, Will Crypto Emerge as the Winner in Long-Term?
The business case for corporate investment in bitcoin’s underlying technology, the blockchain, is inevitable, according to a report. Titled ‘Key Drivers, Emerging Trends, and Development in Corporate Banking,’ the study discussed how new competitors in the financial technology sector are overtaking corporate banks. дальше »
2019-4-24 18:47 | |
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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%
Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […] The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News. дальше »
2019-4-23 12:30 | |
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JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks
JPMorgan Chase is adding new features to its blockchain-powered banking network by the fall
дальше »2019-4-23 13:50 | |
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How Blockchain Will Help Banks Tap New Markets in MENA
One of the most striking aspects of the oil-rich Gulf states are their large migrant populations: 88 percent of people in the United Arab Emirates (UAE), 75 percent in Qatar and 74 percent in Kuwait are foreign-born. дальше »
2019-4-16 00:57 | |
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Quppy Multi-Currency Wallet Launches Euro Account Service for Individuals and Institutions
The Quppy multi-currency wallet has announced the launch of its new service that enables users to open euro accounts via banks in the European Union. The Quppy team has announced that verified users of its platform will now be able to buy and sell cryptos and make payments. дальше »
2019-4-15 21:38 | |
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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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Cryptocurrency Rises 382% in a Day, Smells of a Potential Rekt’d Token Scam in Making
Cryptocurrency space is flooded with thousands of tokens and a new one gets added every other day. The vision behind Bitcoin was to create a decentralized currency system to give power in the hands of the community, rather than a big financial institution and banks holding a monopoly over people's money. However, as the popularity […] дальше »
2019-4-9 17:49 | |
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Is Coinbase’s Cryptocurrency Bank Forming Before Our Very Eyes? New Exchange Listings Say Yes
With All of Coinbase’s Listings, Is the Leading Bitcoin Exchange Becoming A Crypto Bank? The birth of Bitcoin happened in result to the actions of banks during the financial crisis over ten years ago. дальше »
2019-4-9 17:18 | |
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Xena Crypto Exchange Offers Free Desktop Trading Terminal
Xena, a cryptocurrency exchange founded by veterans of major investment banks, has announce the launch of its new desktop terminal aimed at both novice and advanced crypto traders. According to the company’s announcement, Xena Desktop Pro was created for those traders who do not use web terminals, and are looking for powerful offline alternatives. дальше »
2019-4-9 16:43 | |
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An Introductory Guide to Staking Cryptocurrencies
Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance. дальше »
2019-4-8 17:00 | |
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TCS BaNCS, Indian MNC’s Financial Solution to Connect with RippleNet for Cross-Border Payment Processing
Quartz that leverages blockchain technology, the cross border remittance solution of TCS BaNCS, the universal financial solutions of world’s second largest IT service provider is enabling banks and payment systems to connect with the new DLT-based solutions like RippleNet. дальше »
2019-4-8 00:39 | |
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New WEF Research Explores Central Bank Activities With Blockchain And DLT
While central banks are known for being some of the most cautious and prudent institutions in the world, chances are that these may become among the first to implement blockchain and distributed ledger technology (DLT), according to a new white paper published by the World Economic Forum (WEF). дальше »
2019-4-6 19:56 | |
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Sila Announces New Open Beta Program to Bridge Blockchain With Banks with All-Inclusive API
Sila, the API platform that offers services for the FinTech industry, announced that it is launching a new open Beta program. The firm is currently delivering APIs to improve financial innovation. The information was released in a recent press release by the company. дальше »
2019-4-5 17:04 | |
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Sila To Bridge Blockchain With Banks
Shamir Karkal, co-founder of online banking service Simple, announced the launch of his latest project: Sila. The new blockchain startup offers an API platform that aims to help span the gap between crypto and traditional financial services, by integrating Ethereum based smart contract features into traditional payment processors. дальше »
2019-4-4 16:58 | |
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WEF: More Than 40 Central Banks Experimenting With Cryptocurrency
Coinspeaker WEF: More Than 40 Central Banks Experimenting With CryptocurrencyA new report from the World Economic Forum indicates that over 40 banks are considering offering their own blockchain cryptocurrencies. дальше »
2019-4-4 12:02 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat?
As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. дальше »
2019-4-2 13:38 | |
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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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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Breaking: SBI Announces New 13 Leading Banks To Join Ripple XRP Powered MoneyTap App
Ripple-backer SBI Holdings has recently announced a new app called MoneyTap that focuses on cashless payments for small transfers. It… The post Breaking: SBI Announces New 13 Leading Banks To Join Ripple XRP Powered MoneyTap App appeared first on Invest In Blockchain. дальше »
2019-3-29 08:24 | |
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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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New Android malware targets 32 cryptocurrency apps and 100 international banks
A brand-new generation of Trojan horse malware for Android phones has been revealed, tailored specifically towards stealing fiat and digital assets from customers of top international banks and cryptocurrency exchanges. дальше »
2019-3-28 12:59 | |
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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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Venezuela Hit With Fresh New Economic Sanctions by Trump and United States Government
As per an all new circular issued by the US Government earlier today, Venezuelan banks will now be faced with an all-new set of sanctions that will make it even harder for their clients to “mobilize their assets for everyday purposes”. дальше »
2019-3-23 18:46 | |
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Trumps Imposes Sanctions Against Banks in Venezuela. The Country Studies Crypto Payments to Fight Back
A few hours ago, the Trump administration issued a new set of sanctions against Venezuelan banks, aiming to make it more difficult for the people to mobilize their money and pay for goods and services. дальше »
2019-3-23 04:41 | |
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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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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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IBM’s Blockchain World Wire Platform Goes Live, Signs Six International Banks to Create Stablecoins
IBM’s Blockchain World Wire Platform has just gone live and is already a success by having signed up six international banks to create and issue stablecoins through their platform, as reported on March 18, 2019. дальше »
2019-3-19 16:00 | |
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Six Banks Plan To Use Stablecoins Under New IBM Payment Network, Based On Stellar Blockchain
Six Banks Plan To Use Stablecoins Under New IBM Payment Network, Based On Stellar Blockchain Major tech giant IBM has been working to expand their dive into blockchain, which appears to now be including a little dip into cryptocurrency. дальше »
2019-3-19 23:03 | |
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Breaking: IBM Signs Six Banks For Stellar-based World Wire
In addition to collaboration with banks to issue 6 new stablecoins, IBM's payments project World Wire will leverage Stellar Lumens as a global bridge currency. The post Breaking: IBM Signs Six Banks For Stellar-based World Wire appeared first on Crypto Briefing. дальше »
2019-3-19 21:26 | |
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Association Of German Private Banks (Bankenverband): New Regulation For Crypto Securities Needed
German Bank Association Believes That A New Regulation For Crypto Securities May Be Needed The whole world is currently discussing the blockchain technology now. Because this new technology is so disruptive, some changes have to be made in order to accommodate it. дальше »
2019-3-15 23:13 | |
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