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ING Bank Devises Privacy Fix for R3’s Corda Blockchain
23.10.2019
ING, the Dutch megabank, has come up with a privacy fix for R3's Corda blockchain
Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
22.10.2019
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...
Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec
22.10.2019
ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client
Bitcoin IRA Is Letting Customers Lend Out Their Crypto Retirement Funds
22.10.2019
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out
Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO
22.10.2019
ING CEO Ralph Hamers thinks that banks may have to cut ties with Facebook if Libra is launched
Cashaa Launches Banking Solution for Indian Crypto Owners
22.10.2019
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies....
Bank of Cambodia: We’ll Allow More Control with Blockchain Payments
22.10.2019
Blockchain payments will enable greater financial control and remittance efficiency, says a National Bank of Cambodia official
Bitfinex Attempts to Recover $880 Million in New Court Filing
21.10.2019
Bitfinex’s parent company filed an application in an attempt to recover $880 million
Earn More Interest on Your Crypto With These Comparison Tools
20.10.2019
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded...
Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments
18.10.2019
Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help
Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey
18.10.2019
Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors
Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank
17.10.2019
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP
Blockchain-Shy Bank of America Quietly Pilots Ripple Technology
17.10.2019
Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
17.10.2019
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live
Top Fed Official Says US Central Bank ‘Actively’ Debating Digital Dollar
16.10.2019
Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency
French Central Banker: The World Needs to Standardize Crypto Regulations
16.10.2019
A French central banker is calling for a global regulatory framework on crypto assets
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
HSBC Enacts a Letter of Credit on a Blockchain in Malaysia
16.10.2019
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
15.10.2019
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency