Search
ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
2.9.2019
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch
US Firm Raises $12M for Bank-Focused Blockchain Payments Solution
2.9.2019
Trinity Ventures led a $12 million round for Baton Systems’ development of its blockchain solution for bank-to-bank payments
Crypto News From the German-Speaking World: Aug. 24–31 in Review
1.9.2019
A roundup of major crypto news of the week from Germany, Switzerland and Austria
North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks
1.9.2019
North Korea denies the theft of $2 billion from banks and crypto exchanges, says that the U.S. and other hostile forces are spreading rumors
Why the Birth of Bitcoin Can Be Traced Back to 1971
1.9.2019
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite...
Crypto News From Brazil and Portugal: Aug. 24-31 in Review
1.9.2019
A roundup of major news of the week from Brazil and Portugal
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
30.8.2019
Bitwala launches smartphone banking with integrated Bitcoin wallet and trading for 30 European countries
Analysts Project Tough Times Ahead for Banks After Gloomy Bank of America Forecasts
30.8.2019
More often than not troubles in the banking sector do not only ever stay restricted with one bank, unless of course, the issue is specific to the bank. For instance, if a bank loses its way due to risky investments, then it might not affect the whole sector, but when the issue becomes a structural...
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
Crypto Lending Platforms Prepare to Assail the Banking System
30.8.2019
The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate...
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
29.8.2019
America’s eighth-largest bank PNC becomes the country’s first to start processing cross-border payments using the RippleNet
Santiago Stock Exchange Forms Latin America’s First Blockchain Alliance
28.8.2019
The Santiago Stock Exchange, Central Securities Depository and the Global Trade Directory have reportedly set up the first blockchain association in Latin America
Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
28.8.2019
After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore
Can Bitcoin replace currencies issued by Central Banks?
28.8.2019
The issue of whether Bitcoin (BTC) can replace Fiat currency issued and administered by the central banks across the globe is raging for some time now. There are many positives and negatives related to Bitcoin, and one has to take a holistic approach towards the issue in order to arrive at...
India’s Kerala Blockchain Academy Partners with R3 for Dev Education
28.8.2019
Indian government initiative Kerala Blockchain Academy partners with R3 to expand blockchain developer training
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Gemini Joins Silvergate Exchange Network for 24/7 Fiat Money Transfers
27.8.2019
Gemini joins Silvergate’s exchange network to enable real-time USD transfers