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Barclays Banks Leads $5.5 Million Funding Round For Crowdz Blockchain’s New Invoice Exchange
29.5.2019
The blockchain industry is expected to expand in the foreseeable future. However, it surely requires support from traditional giants. Barclays Bank is one such traditional stalwart bank which has stepped in the DLT game with a long-term objective. The UK based bank has recently led a $5.5 Million...
Barclays Leads $5.5 Million Funding Round for Blockchain-Based Invoice Exchange
29.5.2019
Barclays and Bold Capital Partners led a $5.5 million funding round for a blockchain-based invoice settlement platform
Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
28.5.2019
A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto
German Authorities Ask Banks to Keep Aside $5.9 Billion Over Possibility of a Slump
28.5.2019
One thing that has been proven beyond a shadow of a doubt is that the German economy is in the middle of a slowdown and industrial growth has been tepid over the past few months. In addition to that, the country’s relatively robust banking industry has also been going through a bit of churn,...
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies
European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
27.5.2019
A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech
Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
27.5.2019
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia
27.5.2019
Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...
How Crypto-Based Microfinance Benefits Small Businesses
27.5.2019
Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining...
Ripple (XRP) Price Analysis: Ripple’s Garlinghouse believes banks to include XRP by 2019 end
26.5.2019
Ripple becomes one of the Best places to work in 2019 by Inc Ripple’s Garlinghouse puts a halt on the currency’s sustenance issues Ripple’s Brad Garlinghouse believes the currency will be an alternate mode of payment in major global banks by the end of 2019. The increasing adoption of Ripple xRapid...
Singapore’s iSTOX to Launch a Regulated Digitized Securities Platform in 2020
24.5.2019
Capital markets platform iSTOX joins Monetary Authority of Singapore’s regulatory sandbox to offer digitized securities trading in late 2019
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements
23.5.2019
Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries
Report: Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet
23.5.2019
Plans to develop a cryptocurrency wallet have reportedly been canceled by Dutch bank Rabobank
Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
22.5.2019
A group of four banks have successfully issued a promissory note, a type of legally binding loan agreement, through a new blockchain platform
Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln
22.5.2019
Mike Novogratz’s crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million
Central Bank of Laos Issues Warning Against Using Cryptocurrency
22.5.2019
Laos’ central bank has warned financial market participants against accepting, buying or selling cryptocurrency
Ripple Garners Praise From Banks In India And Middle East For Its Cross Border Payments Network
21.5.2019
Ripple is one of the most successful platforms in the blockchain based global remittance segment. The payments focused DLT network has partnered with several financial and non-financial institutions across the globe. It continues to be a preferred choice for companies looking to explore blockchain...
Ripple (XRP) Price Analysis: Cryptos Can Never Replace Banks- European National Bank; What is Next Ripple?
21.5.2019
Ripple’s aim to replace the banking sector has faced resistance by the officials of the Top European bank. The 2019 prediction goes with $1.1. Ripple (XRP) has been a dominant actor in the field of the alliance between the whole banking system and cryptocurrencies. RippleNet tries to become...
Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform ‘Forcefield’
20.5.2019
Dutch bank ABN AMRO is launching a blockchain-based inventory tracking platform