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Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE
7.11.2019
Pro-crypto bank Silvergate Capital opens at $12.75 in first day on the NYSE in first day of public trading
7 Signs Crypto Is Breaking Through to the Mainstream [with infographic]
7.11.2019
Cryptocurrency was born as an act of rebellion against banks, fees and rules. It became popular among speculators and idealists who dreamed of decentralized digital utopias. And now that it has proved itself capable of surviving thus far, it’s attracting […]
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How Blockchain Can Help Banks to Overcome Hurdles by Using DLT?
7.11.2019
One of the most discussed topics today in the financial sector is blockchain banking. Besides, if it is fully utilized, it will empower banks to process the payments all the more rapidly and precisely by reducing the exchange processing costs and can be used in a lot of special cases. Blockchain...
ODL Will Improve People’s Attitude Towards Banks, Says Interbank’s Peruvian Emerging Technologies Head
7.11.2019
Ripple’s Swell 2019 has begun in Singapore, and the news coming from the convention seems to be exciting, to say the least. CEO Brad Garlinghouse revealed that RippleNet has crossed over 300 clients, almost entirely from the financial sector. The ongoing event is attended by various leaders...
Hong Kong Steps Up Research Into Central Bank Digital Currency
7.11.2019
The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020
Shanghai Gov’t Partners With 6 Banks on Blockchain Alliance for Trade
7.11.2019
Six banks and the municipal Shanghai government have founded a blockchain alliance to promote the technology’s use in the city’s e-port area
Azerbaijan to Adopt Blockchain-Based ID System in 2020
6.11.2019
The Republic of Azerbaijan plans to implement its blockchain digital ID system in Q1 2020
190 Indian Bank Locations Raided in Massive Fraud Crackdown
6.11.2019
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...
EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency
6.11.2019
The European Union will impede the development of Libra if it judges the project to pose excessive risks
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
Payments is the Main Battleground for Banks Amid Bitcoin Rise
5.11.2019
A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their...
President Erdogan: Turkey to Finish Testing Digital Lira in 2020
5.11.2019
Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020
How Blockchain Disrupts Global Business | Sibos 2019
5.11.2019
Cointelegraph travelled to London to learn why businesses are now experimenting with blockchain technology
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
5.11.2019
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...
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...
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
1.11.2019
The United States must catch up with China when it comes to central bank digital currency, say analysts