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Nordic Banking Behemoth Nordea Invests 5 Million Euros In Swedish Neobank P. F. C.
4.7.2019
Throughout the course of the history of the financial system, the latest innovations have managed to improve the entire system in a way that had not been envisaged and in that regard, Fintech is perhaps the latest example. Over the past five years, the Fintech industry has grown into...
IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees
4.7.2019
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
Why Bitcoiners Are Turning to Unschooling for Decentralized Education
29.6.2019
Unschooling is an alternative education movement quickly gaining popularity and currency worldwide. Like Bitcoin, it is an individualist approach to an area of human action long thought to be established beyond question―education. Both cryptoeconomics and unschooling seek to provide autonomy...
JPMorgan Chase CEO: Crypto Projects Pose No Threat to Banking System
28.6.2019
Jamie Dimon does not think that crypto poses an existential threat to JPMorgan's core business
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
28.6.2019
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon
Koinex Exchange Shuts Down Ahead of Crypto Regulation
28.6.2019
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...
Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
27.6.2019
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin
26.6.2019
SIX Group, Switzerland’s principal stock exchange, asked the Swiss central bank to issue a stablecoin
French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto
25.6.2019
A Swiss central banker has suggested that Facebook's cryptocurrency project, Libra, is not ruffling any feathers with the regulator, Reuters reports.
JPMorgan to Start Customer Trials of Its ‘JPM Coin’ Crypto
25.6.2019
JPMorgan Chase is reportedly to start client trials of its "JPM Coin" cryptocurrency for intercompany remittances
SWIFT Gives Blockchain Platforms Access to ‘Instant’ GPI Payments Following R3 Trial
24.6.2019
Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments
BIS Wants ‘Level Playing Field’ for Banks Amid Threat From Firms Like Facebook
24.6.2019
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space