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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
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