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Funds withdrawal is now available in USDX Wallet mobile app
USDX Wallet (a blockchain-powered app for quick transfers and with a stablecoin pegged to the U. S. dollar) has announced the fund withdrawal feature right in the app. Before that, USDX Wallet users could change USDX to other currencies only via crypto exchanges. дальше »
2019-8-14 18:10 | |
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Falling Renminbi Serious Use Case for Bitcoin: DBS Chief Economist
A weakening Chinese Yuan (Renminbi) is helping to fuel the bullish sentiment of bitcoin, according to Taimur Baig of DBS’ Singapore unit. The chief economist told Financial Times that the recent run-up in the bitcoin price took place after the People’s Bank of China (PBoC) forced the value of the renminbi below $0. дальше »
2019-8-14 17:00 | |
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Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a bid to quell their hand in upsetting Moscow politics. дальше »
2019-8-14 16:30 | |
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Корейский Shinhan Bank разрабатывает систему безопасности на блокчейне
Один из крупнейших банков Южной Кореи Shinhan Bank подписал меморандум о взаимопонимании с компаниями Ground X и Hexlant для совместной разработки системы безопасности на базе технологии блокчейн. дальше »
2019-8-14 16:18 | |
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Старейший банк Южной Кореи запустит систему безопасности на блокчейне
Один из крупнейших банков Южной Кореи Shinhan Bank подписал меморандум о взаимопонимании с компаниями Ground X и Hexlant для совместной разработки системы безопасности на базе технологии блокчейн. Об этом сообщает The Korea Times. дальше »
2019-8-16 14:59 | |
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them. дальше »
2019-8-14 12:25 | |
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them. дальше »
2019-8-15 12:25 | |
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India’s SC talks DLT, crypto while counsel addresses RBI’s lack of jurisdiction in banning cryptocurrencies
The ‘Internet and Mobile Association of India vs RBI’ case hearing resumed on August 14 where the Supreme Court faced some strong arguments from the IAMAI counsel, Ashim Sood over Reserve Bank of India [RBI] overstepping its jurisdiction, as reported by Crypto Kanoon. дальше »
2019-8-14 10:42 | |
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New Zealand’s ABS Bank To Invest In Local TradeWindow Blockchain Platform
The ABS Bank, a banking institution from New Zealand that is owned by the Commonwealth Bank of Australia, has recently invested in a local company called TradeWindow. The company uses the blockchain technology and it is focused on creating solutions for supply chains. дальше »
2019-8-14 01:01 | |
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60 Latin American Banks To Start Using Bitcoin For Cross-Border Payments via Bitex Crypto Exchange
Bantotal, a banking service based in Uruguay with over 60 banking clients, has recently started a partnership with Bitex, a crypto exchange. With this partnership, the bank will help banking institutions to make cross-border payments using the Bitcoin network. дальше »
2019-8-13 23:04 | |
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China pushes ahead with central bank digital currency
Protests in Hong Kong and a trade dispute with the U.S. have put China in the eye of the economic storm. The People's Bank of China has been testing a digital currency, and this week it announced that it is ready. дальше »
2019-8-14 22:00 | |
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New Zealand’s Bank Invests Undisclosed Amount in Blockchain Startup TradeWindow
Coinspeaker New Zealand’s Bank Invests Undisclosed Amount in Blockchain Startup TradeWindowNew Zealand's Auckland Saving Bank has invested in a blockchain startup called TradeWindow to support the launch of the Distributed Ledger Technology (DLT) trade platform. дальше »
2019-8-14 20:29 | |
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Banks and Big Business Scramble for Their Own Digital Cash
Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank. дальше »
2019-8-13 18:00 | |
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New Zealand Bank ASB Invests in Local Blockchain Trade Platform
NZ Bank invests in DLT-based platform to streamline global trade
дальше »2019-8-14 15:07 | |
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Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other crimes. дальше »
2019-8-13 11:30 | |
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XRP finds another home as Bankera exchange lists the world’s second largest altcoin
Bankera, a cryptocurrency exchange in the process of assembling a “blockchain-era bank,” has expanded its assortment of cryptocurrencies offered on the platform. The third-largest coin by market cap, XRP, is the newest addition to the platform. дальше »
2019-8-13 09:49 | |
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DLT Supple Chain and Trade Platform TradeWindow Receives Investments from ASB Bank
According to an August 12 press release, TradeWindow, a startup which uses distributed ledger technologies for the trade market, received investment funds from ASB bank, a subsidiary of Commonwealth Bank of Australia. дальше »
2019-8-13 09:00 | |
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Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?
Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. дальше »
2019-8-13 02:00 | |
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People’s Bank Of China 'Close' To Launch Of Its Own Crypto
Mu Changchun, deputy director of the People's Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system. дальше »
2019-8-13 00:45 | |
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Trump Could Put an End to Stock Market Madness with a Single Tweet
Whether or not the U. S. economy is headed for a recession depends on who you ask. Wall Street firm Bank of America believes that the chances of a recession just went up. Meanwhile, economist Stephen Moore reportedly says that the economy is experiencing "short term pain for long-term gain," according to Fox Business. дальше »
2019-8-13 21:00 | |
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Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?
China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. дальше »
2019-8-13 20:03 | |
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China’s Central Bank “Ready” to Launch National Digital Currency
An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019. дальше »
2019-8-12 18:44 | |
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Economy Fights Crisis With Cheap Borrowing, Can Bitcoin Take Over?
The third-largest bank in Denmark, Jyske Bank, now offers a 10 year fixed rate mortgages at -0. 5%. This means customers will pay back less than the amount borrowed. Mortgage fees are still payable, likely negating any benefit to borrowers, but some see this unprecedented move as indicative of a troubled economy. дальше »
2019-8-12 17:19 | |
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Goldman Sachs Sets Short-Term Bitcoin Price Target at $13,971
Goldman Sachs is predicting a new 2019 bitcoin price high of $13,971 once the current pullback is over. 30% Bitcoin Price Pullback — Another Buying Opportunity? In a note released to investors, the Wall Street bank predicted a short-term bitcoin price target of $13,971. дальше »
2019-8-12 17:00 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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China’s Central Bank Digital Currency DC/EP is Finally “Ready” After 5 Years of Research
At the third “China Financial Forty People Yichun Forum,” held on August 10, the deputy director of the Payment and Settlement Division of the People's Bank of China, Mu Changchun said the central bank’s digital currency DC/EP is now “ready” after five years of research. дальше »
2019-8-12 03:56 | |
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China Ready to Roll out State-Backed Digital Currency
According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers. дальше »
2019-8-12 21:42 | |
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PBOC’s Digital Currency Nearly Ready After 5 Years of Development
Coinspeaker PBOC’s Digital Currency Nearly Ready After 5 Years of DevelopmentA senior official of China's central bank announced at the China Finance 40 Group meeting that the country will soon roll out its central bank digital currency (CBDC). дальше »
2019-8-12 16:54 | |
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China’s central bank announces completion of virtual currency after meticulous planning since 2014
Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready. дальше »
2019-8-11 12:33 | |
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Bitcoin Investor Files Class Action Lawsuit Worth $22.5M Against Israeli Bank
As per an all-new report released by a media outlet called BlockTV yesterday, an investor (whose identity is not known at this time) has issued a lawsuit against Israeli bank Hapoalim (worth approximately $22. дальше »
2019-8-10 18:22 | |
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Exchange Hacks Are On The Decline, Bank Says
Exchange hacks are the biggest threats to crypto holders, as Binance users were recently reminded. But digital thieves are finding fewer opportunities to steal cryptocurrencies from investors and exchanges, according to a new report from a Liechtenstein bank. дальше »
2019-8-10 17:53 | |
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Germany’s Commerzbank Conducts First DLT-Powered Machine to Machine Payment
Commerzbank, a Germany-based international commercial bank with a presence in more than 50 countries, has collaborated with Daimler Trucks to conduct Germany’s first distributed ledger technology (DLT) powered machine-to-machine (M2M) payment, according to a press release on August 8, 2019. дальше »
2019-8-10 23:00 | |
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Disgruntled Bitcoin Investor Brings $22.5M Class Action Suit to Israeli Bank
A Bitcoin investor is filing a multimillion-dollar class action suit against a bank that refuses to accept Bitcoin-financed deposits
дальше »2019-8-10 22:40 | |
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Brilliant Brexit Plan: Public Holiday & Bitcoin While UK Economy Shrank for the First Time in 7 years
Michael Gove, the Chancellor of the Duchy of Lancaster and the person in charge of no-deal preparations said the government is considering the idea of holding a bank holding on November 1. Amidst the concern regarding that a no-deal Brexit would cause turmoil on the financial markets, Gove told The Times, “I don’t know if […] дальше »
2019-8-9 21:04 | |
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Quontic Bank Opens Its Doors To Crypto Firms
Quontic Bank, a small New York City bank, began working with crypto firms when it opened a checking account for a bitcoin ATM company a few weeks back and has since been on the lookout for companies in need of a crypto-friendly bank. дальше »
2019-8-10 18:51 | |
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Failure to Bitcoin Diversify Cost Putin $12 Billion
Vladimir Putin, the Russian President, has ordered his central bank to stack up on gold for months with their reserves now rising to $102 billion worth of gold. The bet... The post Failure to Bitcoin Diversify Cost Putin $12 Billion appeared first on Trustnodes. дальше »
2019-8-10 16:28 | |
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Pomp Highlights Factors Behind The Bitcoin Bull Run And Why You Should Be A Holder
In a tweet on August 7, 2019, Anthony Pompliano, co-founder at Morgan Creek Digital said Bank of America believes the U. S. Federal Reserve may have to fall back on quantitative easing by the fourth quarter of 2019. дальше »
2019-8-9 12:17 | |
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Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to shrink its trading staff slashing […] The post Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide appeared first on Bitcoin News. дальше »
2019-8-9 03:00 | |
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Commerzbank Creates Blockchain Payment Program For Machine-Based Self-Driving Trucks
The German bank Commerzbank has recently developed a new blockchain-based technology that will be used in order to make automated payments between self-driving trucks. The system, which aims to take humans completely out of the equation, will be used to allow automated trucks to pay for their charging power without needing any human interaction. According […] дальше »
2019-8-9 01:04 | |
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Galaxy Digital Stays Busy with New Investment into A Crypto Asset Lender, DrawBridge Lending
DrawBridge Lending (DBL), a digital asset loaning, borrowing and investing company, has announced that it has received an investment from Michael Novogratz’ owned merchant bank Galaxy Digital with the aim to greatly expand DBL’s institutional investment and lending capacity. дальше »
2019-8-9 22:22 | |
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