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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
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
27.8.2019
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports
HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade
27.8.2019
HSBC becomes the first bank to finance a transaction on blockchain trade platform we.trade
Brazil Central Bank Adopts IMF Guidelines for Crypto Classification
26.8.2019
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
Crypto News From the German-Speaking World: Week in Review
25.8.2019
This week’s top news from the German-speaking world, assisted by Cointelegraph auf Deutsch
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
The New Bitcoin Banks Are Here
23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...
Xendpay Joins RippleNet to Expand Global Money Transfer Services
23.8.2019
International money transfer service Xendpay joins RippleNet to expand currency options and speed
Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE
22.8.2019
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...
Major Swedish Bank Orders Negative Interest Rate on Euro Deposits
22.8.2019
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...
To Develop Blockchain-based Financial Services, Woori Partners with Kakao’s Blockchain- a Subsidiary of Ground X
22.8.2019
Woori Financial Group is a South Korean leading company in the financial services sector. Yesterday in a press release, it had announced its partnership with Kakao’s blockchain. (Kakao’s blockchain is a subsidiary of Ground X.) The objective of this partnership is to develop blockchain-backed...
Major Banks Back $7.4 Million Funding Round for Korean Blockchain Firm
22.8.2019
Blocko, a blockchain firm working on enterprise applications of the tech, says it's raised $7.44 million from investors including Shinhan Bank
Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank
22.8.2019
Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from the likes of Shinhan Bank and KEB Hana
Swiss Private Bank Says 400 New Clients Demanding Crypto Products
22.8.2019
Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans