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Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses
17.7.2019
These anticipatory steps have been taking in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services
Traditional Money Could Be ‘Surpassed’ By E-Money, Stablecoins: IMF Paper
16.7.2019
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
Blockchain Consortium Startup R3 Said to Be Considering an IPO
15.7.2019
Blockchain consortium startup R3 is mulling an IPO, according to Bloomberg sources
What Trump’s Bitcoin Tweet Changes
15.7.2019
Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Facebook to Senators: Libra Crypto Will Respect Consumer Privacy
9.7.2019
Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats
LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the U.S.
9.7.2019
LG, a South Korean technology behemoth, applied for the “ThinQ Wallet” trademark for a digital wallet
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
8.7.2019
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
8.7.2019
China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion
4.7.2019
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion
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