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Former French Central Bank Exec Calls for more Blockchain Integration 

In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019. дальше »

2019-11-26 16:00


Bitfinex addresses latest 'copycat' lawsuit; vows to refrain from settlements

Prominent cryptocurrency exchange, Bitfinex seems to be sailing in troubled waters as several lawsuits have been slapped against the exchange. The most recent one being the "copycat lawsuit" filed agaThe post Bitfinex addresses latest 'copycat' lawsuit; vows to refrain from settlements appeared first on AMBCrypto. дальше »

2019-11-25 09:17


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BRICS Business Council Greenlights the Launch of a Single Cryptocurrency Payment System

In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between member countries of the union, according to an RBC report on November 14, 2019. дальше »

2019-11-16 02:00


Ripple Partner BeeTech Is Using RippleNet To Speed Up The $1.5 Trillion Payments Market In Brazil

Ripple partner BeeTech during the Swell 2019 event talked about how this partnership helped them reduce costs for their customers and enable real-time pricing with immediate settlements. “With Ripple, we’ve standardized the process for integration across different rails and increased efficiency in settlement,” said BeeTech Co-Founder and CSO Alexandre C.R. Liuzzi. Liuzzi shared that partnership […] дальше »

2019-11-13 18:30


KuCoin’s KuMEX Officially Launches Bitcoin Quarterly Futures Contracts

Cryptocurrency contract trading platform developed and launched by KuCoin in July, KuMEX has officially launched Bitcoin Quarterly Futures Contracts, reports Finance Magnates. The launch was disclosed on Thursday, October 31, 2019, and the contracts are described as being distinct from typical contracts, namely, including an expiry date and settlements achieved based on a “prespecified rule.” […] дальше »

2019-11-1 14:43


Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then

Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […] дальше »

2019-10-20 18:00


17 Trillion Reasons to Own Bitcoin, Starting with the Elephant in the Finance Market

According to the Bank for International Settlements report, the growing acceptance of negative interest rates has reached “vaguely troubling” levels. Investors have been now paying for the privilege of lending, support for which came from the top central banks including the US Federal Reserve, the ECB, and China’s PBOC that has the amount of bonds […] дальше »

2019-10-18 22:21


New BIS Innovation Hub Center Will Study Central Bank Digital Currencies (CBDCs) Integration

Central Bank Digital Currencies (CBDCs) are an important subject in Switzerland right now. The Swiss National Bank (SNB) has recently started a partnership with the Bank for International Settlements (BIS) to begin a study on CBDCs, which will be conducted at the BIS Innovation Hub Center, which is based in Switzerland. According to the latest […] дальше »

2019-10-9 01:13


Blockchain’s ‘Embedded Supervision’ Could Allow For Easier And Faster Compliance: BIS Economist

Raphael Auer, an important economist of the Bank for International Settlements (BIS), has recently devised a new low-cost solution for compliance in the financial market. The BIS, which is known as the central bank of all central banks, has an interest in the stability of the world economy and has been recently interested in the […] дальше »

2019-9-16 21:01


MoneyGram Is Using XRP In Cross-Border Settlements, Reveals Q2 Report

Ripple and MoneyGram established a partnership on June 17th, 2019. The new partnership is expected to help with working capital needs, while improving profits. MoneyGram has long been one of the largest money transfer companies in the world, so why wouldn’t they take an opportunity to partner with Ripple? Their collaboration just began on June […] дальше »

2019-8-3 02:30


KPGM Is All Set To Work With R3, Microsoft And TOMIA On A Niche’ Blockchain Telecom Solution

According to an all new press release issued by the folks over at KPGM, the business advisory firm has entered into an agreement with a number of major tech companies such as Microsoft, Tomia and R3 in order to devise a blockchain-based settlements solution for the global telecom industry. As per the above linked report, […] дальше »

2019-7-20 19:53


How 10 Countries Respond to Facebook’s Libra Cryptocurrency

A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. дальше »

2019-7-11 08:30


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Банк международных расчетов поддержит разработку стейблкоинов

Совет Банка международных расчетов (БМР) одобрил создание инновационного центра для содействия международному сотрудничеству центральных банков в области финансовых технологий. Об этом сообщила пресс-служба Банка. дальше »

2019-7-2 17:00


Blockchain technology ‘not suitable for payments,’ says Bank for International Settlements’ Annual Report

The recent Bank for International Settlements report has stated that cryptocurrency’s backbone, blockchain, might not be “suitable for payment at all. ” Referring to the market’s 2018 crypto-winter when prices fell to new lows, the report stated that regulatory action has a significant impact on digital assets’ valuation, transaction volume, and user base. дальше »

2019-7-1 16:00