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Union Bank To Pilot Blockchain-Powered Remittance Service In The Philippines
Union Bank of the Philippines will experiment with the use of blockchain tech for remittances, allowing overseas Filipino workers to exercise more control over who receives any money sent back home. дальше »
2019-7-24 00:05 | |
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India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’
India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »
2019-7-16 19:00 | |
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China Fears Facebook Cryptocurrency, Central Bank Wants its Own
Facebook certainly rattled some cages when it announced its own cryptocurrency last month. A number of nations including Russia and China have expressed concern over the rising dominance of US tech and internet giants, especially if they’re aiming to manipulate finances as they currently do with data. дальше »
2019-7-9 12:00 | |
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Facebook’s Libra ‘Too dangerous’ to Operate Without Rules, Warns ECB Official
Facebook’s motto has been to move fast and break things. That battle cry is about to be tested as regulators across the world are being urged to act even faster and prevent the tech firm from developing its Libra cryptocurrency in a ‘regulatory void’. дальше »
2019-7-9 11:17 | |
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How big biased datasets make social inequalities worse
At almost every point in our day, we interact with digital technologies which collect our data. From the moment our smart phones wake us up, to our watch tracking our morning run, every time we use public transport, every coffee we purchase with a bank card, every song skipped or liked, until we return to bed and let our sleep apps monitor our dreaming habits – all of these technologies are collecting data. дальше »
2019-7-7 10:10 | |
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XRPL Labs’ Wietse Wind hints at ‘XRPL-bridged bank accounts’ for community to ease payments
Ripple has been working towards developing its technology and promoting its native crypto, XRP, for years now, managing to get many powerful financial institutions to use its tech. However, the general public still deals with problems related to payments and money transfers. дальше »
2019-7-6 17:00 | |
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Tech may push censorship boundaries in China as population shows increasing interest in crypto
As the world moves towards regulating crypto for its adoption, China’s indecisiveness about crypto and the proposal to ban the mining of crypto could be an area of conflict. In June, the People’s Bank of China [PBOC] in a statement said that it would block access to all domestic and foreign crypto exchanges along with […] The post Tech may push censorship boundaries in China as population shows increasing interest in crypto appeared first on AMBCrypto. дальше »
2019-7-5 23:00 | |
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Galaxy Digital Leads $5.5 Million Round for Contract Management Startup
Crypto merchant bank Galaxy Digital has led a $5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech. дальше »
2019-6-28 16:00 | |
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JP Morgan claims big institutions are hot for its (non-)cryptocurrency
Despite dividing opinions earlier this year with its “cryptocurrency” JPM Coin, American bank JP Morgan is rolling out its blockchain-based tech to more clients. JP Morgan says potential clients from the US, Europe, and Japan are interested in using its digital coin to speed up securities trading, Bloomberg reports. дальше »
2019-6-25 15:41 | |
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Big Banks Ask Regulators To Ensure A 'Level Playing Field' Following Libra Announcement
In a report published by the Bank for International Settlements, the "bank for central banks" asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business. дальше »
2019-6-24 19:01 | |
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The Mother of Central Banks Sounds the Alarm on Facebook's Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world's central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-25 16:18 | |
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The Mother of Central Banks Sounds the Alarm on Facebook’s Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-24 16:18 | |
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Facebook’s Libra concept sees a half-hearted welcome from Bank of England’s Governor
Ever since Facebook, (the tech giant that taught the world how not to do privacy), unveiled Libra, it has amassed both positive and negative sentiment of both regulators and financial players across the globe. дальше »
2019-6-21 14:15 | |
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BoE Governor: Tokenization of Assets can Unlock an Explosion of Liquidity
Mark Carney, the Bank of England governor stated that adoption of distributed ledger tech (DLT) initiatives will help to “unlock billions of pounds in capital and liquidity. ” The governor explained that such projects will soon experience closer backing by the central bank itself. дальше »
2019-6-21 04:57 | |
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Tightened Identity Regulations Could Spell Trouble for Crypto Exchanges
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector. дальше »
2019-6-12 11:00 | |
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Major Banks Join Hands to Develop Cryptocurrency for Overseas Money Transfers
Blockchain technology just got a major boost after 14 major financial firms led by the Swiss multinational investment bank UBS Group AG came together in developing a blockchain-based digital currency for use in instant cross-border payments, as reported by Nikkei Asian Review on June 3. дальше »
2019-6-5 17:34 | |
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India’s Reserve Bank of India denies participating in the plot to ban cryptocurrencies
Despite talk of India leading the tech revolution and the ‘Digital India’ campaign, the present government remains hesitant about embracing cryptospace. Consequentially, several crypto-businesses have either tasted the dust or found shelter in crypto-friendly countries such as Australia. дальше »
2019-6-5 16:00 | |
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First Republic Bank To Terminate Services With Blockchain Startup Civil
Civil, a startup attempting to use blockchain tech to bring transparency between journalists and readers, will lose its account with First Republic. While it's unclear why the bank has decided to terminate services, Civil's COO believes it's because the startup is a "crypto-related company." дальше »
2019-6-1 23:35 | |
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Germany’s Central Bank: Blockchain Settlement Pilot Project Was Slow and Expensive
Jens Weidmann, the president of Deutsche Bundesbank, the central bank of Germany, said a blockchain trial project used for the transfer and settlement of securities and cash proved slower and more costly than the current traditional methods, Bloomberg reported on May 29. дальше »
2019-5-31 21:49 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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DekaBank, dwpbank, DZ Bank and Helaba Banks Successfully Test A New Promissory Note Blockchain Platform
The technology is always moving forward, so financial institutions cannot get behind the times. Recently, a group of four banks (DekaBank, DZ Bank, Dwpbank and Helaba) has decided to start a new blockchain-based initiative. дальше »
2019-5-23 01:39 | |
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Bank of China Council Member: Owning Bitcoin Is Still Legal in China
Sa Xiao, Council Member at the Bank of China Law Research Association, was reported as saying that holding Bitcoin in China is still legal. Xiao added that in addition to that, trading Bitcoin amongst individuals remains legal in the country. дальше »
2019-5-22 14:29 | |
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Myanmar Central Bank Determined to Curb the Flourishing Local Crypto Industry
The Central Bank of Myanmar (CBM) is determined to curb the growing local cryptocurrency industry. This comes after the central bank issued a warning against engaging in cryptocurrency activities. дальше »
2019-5-21 16:58 | |
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ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform
Despite abandoning plans to build its own Bitcoin wallet, ABN AMRO is not quite done with blockchain tech. The Dutch banking giant has announced plans to launch a decentralized trade inventory platform in collaboration with Accenture and ING Bank, according to a press release (spotted by CoinDesk). дальше »
2019-5-20 18:00 | |
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JPMorgan Believes Bitcoin Has Surged Past Its Intrinsic Value
JPMorgan Chase & Co, one of the largest banks in the world, says that the recent rally by Bitcoin is similar to the one it experienced two years ago. The bank maintains that the price spike means that BTC is trading above its intrinsic value. дальше »
2019-5-20 15:39 | |
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Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
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India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 13:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban
India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 02:47 | |
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Austrian Bank Raiffeisen Announces R3 Corda Marco Polo For Trade Finance Partnership
The Austrian Raiffeisen Bank International (RBI) has recently announced that it will be working with R3’s Marco Polo blockchain network. They will be using this blockchain platform for trade finance. дальше »
2019-5-9 00:59 | |
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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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Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street
The Governor of the Bank of England, Mark Carney, has vowed to transform the central bank in preparation for… The post Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street appeared first on Invest In Blockchain. дальше »
2019-4-30 09:01 | |
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Rakuten Wallet Is Now Accepting Applications for Accounts at Its New Crypto Exchange
On April 15, Rakuten Wallet, a Rakuten Inc. owned cryptocurrency exchange announced via a press release that it started accepting new applications from customers that want to open new accounts. The press release explains that Rakuten bank Ltd customers, (a subsidiary of the Rakuten Group), can start their applications for new account setups by filling […] Rakuten Wallet Is Now Accepting Applications for Accounts at Its New Crypto Exchange was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-4-24 17:45 | |
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Ripple: The Oldest Thai Bank Reduced Cross-Border Transaction Time From 2 Days To 1 Minute Using Ripple Tech
Thai bank, Siam Commercial Bank (SCB), has revealed that it has made a cross-border payments transfer using Ripple’s technology,… The post Ripple: The Oldest Thai Bank Reduced Cross-Border Transaction Time From 2 Days To 1 Minute Using Ripple Tech appeared first on Invest In Blockchain. дальше »
2019-4-24 09:46 | |
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JP Morgan Wants to Improve Efficiency in the Banking Payments System With Blockchain
JP Morgan Chase, a Wall Street financial giant with a mixed crypto history, has widened its use of blockchain technology intending to improve the flow of the payments system in the banking industry, states a report by The Financial Times on April 21. дальше »
2019-4-23 14:29 | |
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Cryptocurrencies Excluded From India’s Fintech Regulatory Sandbox
The Reserve Bank of India (RBI) has published its Fintech Regulatory Sandbox report. While cryptocurrencies could be included in the future, the bank noted that their services might not be accepted for testing currently. дальше »
2019-4-19 17:29 | |
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RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing. дальше »
2019-4-19 09:31 | |
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IMF and World Bank Launch Educational Blockchain Token
The International Monetary Fund and the World Bank have launched an internal crypto token to fill a "knowledge gap" around blockchain tech. дальше »
2019-4-15 12:00 | |
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IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech
The International Monetary Fund and the World Bank have launched a private blockchain and a quasi-cryptocurrency to learn more about the technology
дальше »2019-4-15 14:03 | |
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Ripple: First Bank in Japan To Cancel Cooperation With Money Tap Powered By Ripple Tech
Recently, it was announced that several banks would join the SBI-backed Money Tap app for the purposes of bettering… The post Ripple: First Bank in Japan To Cancel Cooperation With Money Tap Powered By Ripple Tech appeared first on Invest In Blockchain. дальше »
2019-4-12 09:29 | |
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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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Newly Launched Fund Bloc To Invest Up To €100M Into Blockchain, Tech Companies
Bloc, a new fund unveiled earlier this week, aims to raise EUR 100 million to invest in companies that use new technologies, in particular blockchain, to benefit the low- and middle-income populations in emerging markets. дальше »
2019-3-30 16:50 | |
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