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Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town
Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force
20.1.2020
Cardano’s Emurgo will help Uzbekistan form a blockchain task force to develop regulations for security token offerings and exchanges
Bravio to Develop fully Tokenized iGaming & Lottery Platform for LFE Group Holding
7.1.2020
Bravio Technologies Limited. ("Bravio" or the "Company") a lottery service provider that allows its national and international customers the opportunity to order and manage lottery tickets online, and the operator of FreeLotto.com, one of the largest online marketing and free member acquisition...
Coinbase Closes Earn.com One Year After $100M Acquisition
23.12.2019
Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
10.12.2019
The China Construction Bank will help finance small businesses using a blockchain platform
Ashok Leyland Teams Up With Axis Bank for Financing of Commercial Vehicles
27.11.2019
Ashok Leyland, the automobile company, owned by the Hinduja Group, has announced that it has partnered with Axis Bank for financing commercial vehicles. The partnership is for 2 years to offer customized financial solutions to its customers. According to the announcement, service will be available...
UK-Based Electric Bike Company Launches SLP Reward Token
5.11.2019
On November 5, Cryptophyl.com, the SLP-centric trading platform, announced a commercial partnership with the bicycle company Toba Electric Bikes using SLP technology. Toba sells electric bikes for bitcoin cash and the company’s SLP token will be used for customer rewards. Moreover, Cryptophyl...
The North American Bitcoin Conference Returns
4.11.2019
Pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference...
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance
Real Estate, Blockchain and the Quantity Theory of Money
21.9.2019
Real estate tokenization and the liquidity preference theory
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
WINk Receives the Costa Rica Commercial Patent Certificate
17.8.2019
As per the latest reports, WINk has acquired the Costa Rica Commercial Patent Certificate. The update was announced officially through WINk’s micro-blogging handle on 16th August 2019, followed by an official blog post on Medium. As per the official announcement, San Jose municipality’s patents...
PR: Remco – Powerful Distributed Token Generating Platform
12.8.2019
remittancetoken.io – Token-Generating Platform for Money Transfer currently trading on Digifinex has announced it's sponsoring blockchain Finance Lagos conference event in Africa's largest market, Nigeria. Offering free flight ticket and accommodation to the qualified speakers.
The post PR: Remco...
Metropolitan Commercial Bank Shuts Down Tether’s Accounts
10.7.2019
New York-based Metropolitan Commercial Bank has reportedly requested that Tether close its three accounts
Commercial Debt Market Goes Live With Backing From Coinbase Ventures
10.7.2019
With Cadence, an ethereum-powered marketplace, institutional and accredited investors can now fund short-term loans to small businesses
Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization
3.6.2019
The Utility Settlement Coin project — led by some of the world’s leading banks — has established a new firm and completed a $63.2 million Series A financing round
Ripple (XRP) Price Analysis: Siam Commercial Bank (SCB) Locks Ripple Blockchain, XRP On Hold
24.5.2019
Thailand’s largest commercial bank, Siam Commercial Bank will use Ripple Blockchain Ripple earns traction against SWIFT Siam Commercial Bank (SCB) took to Twitter to announce the integration with Ripple Blockchain. They also mentioned that XRP token would be taken up after the next announcement....