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Santander Issues $20 Million End-To-End Blockchain Bond on Ethereum
12.9.2019
Santander has issued a $20 million bond directly onto the Ethereum blockchain, where it will remain until the end of its one-year maturity
Panerora ICO Is Pushing Out Banks from the Remittance Industry
11.9.2019
The impact of fintech became very noticeable in the past few years. The blockchain-based services have not only started to take portions of the banking markets, but have also become a top choice for nonbank markets as well. With so many in need of banking services, especially on the African...
BitMEX Operator HDR Global Hires Former BNP Paribas Exec
11.9.2019
BitMEX parent firm HDR Global hires former BNP Paribas’ General Counsel Derek Gobel as the group’s new general counsel
SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’
10.9.2019
Cryptocurrencies “go down in value like a yoyo,” are “useless and unstable,” say representatives at SWIFT
Crypto Banking Expands With Positive Interest Rates and New Services
9.9.2019
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...
S&P Says GCC Banks Are Improving Rapidly Due to Tech Adoption
9.9.2019
Over the past two decades, the advancements in technology have brought on far-reaching changes in the lives of individuals as well as in a range of industries. Tech is now the bedrock of most industries, and it is felt most acutely when it comes to the banking industry. Nowadays, the long-term...
10 Useful Browser Plugins to Help Crypto Users
9.9.2019
There are many different browser extensions or plugins that benefit cryptocurrency users, ranging from price trackers and wallets to those that help crypto users with security and privacy. Bitcoin.com has produced a video, listing 10 of the most useful browser extensions with explanations of...
Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto
7.9.2019
Twitter and Square CEO Jack Dorsey has no interest in following the example of Facebook’s Libra
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
7.9.2019
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term
Turkish Takasbank Announces Blockchain Platform for Gold Trading
6.9.2019
Turkey’s Takasbank has announced the completion of a blockchain-based platform for trading gold
U.S. Congressional Probe Identifies Possible Gaps in Deutsche Bank’s Money Laundering Controls
6.9.2019
A decade or so ago, German banking giant Deutsche Bank AG was counted among the biggest banks in the world, but the financial crisis of 2008 hit the bank hard. Since the financial crisis, the bank has struggled to put its business into top gear again, and now it is faced with a legal issue...
Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money
5.9.2019
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting...
Crypto Banking Regulation Around the World, First Signs of Growth
4.9.2019
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated?
IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation
4.9.2019
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde
Four Japanese Banks Including the Seven Bank, Joins MoneyTap
3.9.2019
Financial giant SBI has published in their report that four major Japanese banks have invested in its cashless mobile-payment application, MoneyTap. Money tap is powered by Ripple which uses the Ripple xCurrent solution, built on distributed ledger technology. The report stated: SBI Group announces...
Norwegian Bank Invests in Crypto Exchange Founded By Airline Magnate
3.9.2019
Savings bank Sparebanken Øst has just taken a stake in NBX, a crypto exchange set up by Norwegian Air founder Bjørn Kjos
Fitch Ratings Says Singapore’s Big 3 Banks are in No Danger from Newly Launched Digital Banks
3.9.2019
The development of technology and the wider Fintech sector is believed by many to be one of the biggest threats to traditional banks in many years and for a good reason. Moreover, the establishment of digital-only banks is often viewed as a potential threat and with easy availability of smartphones...
Four Japanese Banks Invest in Ripple-powered SBI App
3.9.2019
Financial group SBI has announced that four major Japanese banks have invested in its cashless remittance app, the Ripple-powered MoneyTap app for smartphones.
Per an official release, SBI says that Awa Bank, Kita-Nippon Bank, Daisan Bank and a fourth, as-yet-unnamed bank have become shareholders...
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
2.9.2019
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
North Korea Denies All Allegations Related to Thefts from Crypto Exchanges and Banks
2.9.2019
The United Nations Security Council committee on North Korea stated that: The Democratic People’s Republic of Korea cyber actors were raising money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two billion US dollars. But, North Korea‘s...