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Standard Chartered Makes Letter of Credit Transaction Using Blockchain
7.8.2019
Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group
ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets
7.8.2019
The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets
Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit
6.8.2019
Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
Investors Can Now Trade Ether and British Pounds on the Same Blockchain
1.8.2019
LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network
Marijuana-focused Stablecoin Issuer Added to Arizona Fintech Sandbox
31.7.2019
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala
31.7.2019
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
31.7.2019
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction
30.7.2019
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings
US Senator: ‘I Don’t Think You’ve Persuaded Anyone’ Crypto Creates Financial Inclusion
30.7.2019
Sen. Brian Schatz (D.-HI) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing
Watch the Senate Banking Committee’s Crypto Regulation Hearing Live
30.7.2019
The U.S. Senate Banking Committee is about to hold its hearing on regulation for cryptocurrencies and blockchain. Here's how you can watch it
Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
29.7.2019
Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
28.7.2019
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...
MIT Fellow Accuses Facebook of ‘Lifting’ His Ideas for Libra Cryptocurrency
26.7.2019
MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
Senate Banking Committee to Hold Hearing on Crypto Regulation Next Week
24.7.2019
The Senate Banking Committee has scheduled a hearing on cryptocurrency and blockchain regulatory frameworks for July 30
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
Congress Drew a Fine Line Between Libra and Crypto – That’s a First
23.7.2019
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
R3 Taps Software Sales Vet to ‘Evangelize’ Paid Version of Corda
19.7.2019
R3 has hired software sales pro Cathy Minter as chief revenue officer to grow the user base for its paid DLT product, Corda Enterprise