Search
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
9.5.2023
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday
BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report
5.5.2023
BNP Paribas' corporate clients will be able to connect to China's e-CNY through a connection to the Bank of China's system
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...
Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’
23.5.2022
Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient -- but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before....
Read More: Banks Exploring...
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
French central bank pilots blockchain-based CBDC for debt market
19.10.2021
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...
BNP Paribas and Curv unveil highly secure method to transfer security tokens
7.10.2020
A Proof of Concept security token transfer involving BNP Paribas and Curv could lead to integrated crypto custody solutions
BNP Paribas connects to major stock exchanges with DAML smart contracts
15.9.2020
The DAML smart contract language is getting more popular
Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts
7.4.2020
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
BitMEX Operator HDR Global Hires Former BNP Paribas Exec
11.9.2019
BitMEX parent firm HDR Global hires former BNP Paribas’ General Counsel Derek Gobel as the group’s new general counsel
BNP Paribas Venture Arm Among Investors to Inject $16.5M in Fintech Firm Token
19.6.2019
Fintech firm Token has received a $16.5 million injection from investors including the venture arm of banking giant BNP Paribas