Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments

2019-12-11 00:07

Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […]

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RBI Governor Rules Out Private Digital Currencies But Discussion Underway For A Centralized One

India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]

2019-12-6 18:28


A Swedish Digital Currency is Necessary, Central Bank Governor Claims

It has been rumored for some time now how some countries will go cashless. Swedish officials want to take this one step further by creating a national digital currency. More details regarding this potential venture were outlined by the Swedish Central Bank Governor this week, A Swedish Digital Currency Seems Viable This individual sees a […] The post A Swedish Digital Currency is Necessary, Central Bank Governor Claims appeared first on NullTX.

2019-11-23 02:00


Ripple Partner Banco Santander to Run its Blockchain-based Payment System on 6 More Corridors

In April 2018, Santander launched a foreign exchange service that uses the blockchain technology via Ripple to make same-day international money transfers. At the time, it said the service called Santander One Pay FX has been the first cross-border payments service using blockchain made by a bank. It went live in the UK, Span, Brazil, […]

2019-11-16 19:48


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Bank of China Rolls out Blockchain to Streamline Insurance Claims

In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto.

2019-11-7 22:15


State Bank of India (SBI) Chairman Calls for Cryptocurrency Regulation in the Country

Government Controlled Bank, State Bank of India (SBI) Chairman, Rajnish Kumar, Calls For Regulation of Cryptocurrencies in the Country. Speaking in an interview, Kumar highlighted the need to set up regulations on the cryptocurrency industry instead of the blanket ban currently enforced in the country. As the chairman to one of the largest banks in […]

2019-10-24 19:34


Singapore’s CIMB Group Bank Completes First Ever Blockchain Transaction Using iTrust

One of Asia’s largest investment banks, CIMB Group’s Singapore-based bank, CIMB Bank Berhad Singapore, settled its first ever transaction on blockchain technology on Oct. 17. According to a Yahoo Finance press release, the bank partnered with iTrust, a trade finance blockchain solution, to efficient, instant and transparent channels of global trade. The CEO of CIMB […]

2019-10-18 18:39


US Second Largest Bank, Bank Of America, Secretly Tests Ripple XRP Technology

Recent reports leak that the second-biggest bank in the US, has secretly piloted Ripple’s blockchain technology and is poised to do more with it. Late last year, during a seminar organized by the International Monetary Fund (IMF), Ripple recognized Warren Buffett-backed Bank of America as one of its customers during its presentation. Probed about whether […]

2019-10-17 19:28


Coinstone Capital launching blockchain fund powered by RIDDLE&CODE

Coinstone Capital launching blockchain fund powered by RIDDLE&CODE - CryptoNinjas RIDDLE&CODE, a European-based provider of blockchain interface solutions, and Coinstone Capital a dedicated crypto-asset investment fund, today announced the deployment of RIDDLE&CODE’s Asset Management Solution as the custodial solution to power Coinstone’s new blockchain-based Alternative Investment Fund – Coinstone Decentralised One.

2019-10-17 18:24


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