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Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements
31.5.2019
A Russian subsidiary of Austria’s Raiffeisen Bank International has introduced a blockchain platform for settlements by holding firms
SBI Ripple Asia to Trial Store Settlement Service for XRP-Powered Payments App MoneyTap
31.5.2019
SBI Ripple Asia is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap
State Farm and USAA Test Blockchain Platform for Insurance Claims Process
31.5.2019
State Farm unveils that it is testing its blockchain platform with real claims data in tandem with USAA
Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams
30.5.2019
Rwanda’s central bank has issued a warning about alleged ICO scams and crypto pyramid schemes targeting the country’s residence
Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance
30.5.2019
Russia's largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto
Deloitte Tests Data Management on Ethereum Blockchain With Three Irish Banks
30.5.2019
Several Irish banks are testing a new blockchain tool from Deloitte
Three of The Biggest Banks In Ireland Using Blockchain Technology For Verifying Staff Credentials
30.5.2019
Ireland has been one of the leading European nations in terms of blockchain innovation. It is often touted as the blockchain capital of the European Union. Various aspects of the distributed ledger have been implemented in the Irish land, especially since the talks on Brexit began a couple of years...
Three of Ireland’s ‘Big Four’ Banks Using Blockchain to Verify Staff Credentials
30.5.2019
Bank of Ireland, AIB and Ulster Bank, are using a Deloitte blockchain system to verify and track employees' credentials
Galaxy Digital Purportedly Recruits Former Head of OTC at Coinbase
29.5.2019
Tim Plakas is rumored to be switching Crypto OTC jobs, moving from the exchange Coinbase to Galaxy Digital
Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020
29.5.2019
The Central Bank of the Bahamas will sign an official agreement tomorrow to develop its digital fiat currency system called “Project Sand Dollar”
President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
29.5.2019
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies
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...