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Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services
20.9.2019
The sister branch of one of the banking giants in the Middle East, Arab Bank Switzerland has entered into a partnership with the Swiss-based blockchain technology firm, Taurus, to offer its affluent clients, a platter of services on crypto assets. These services would include custody, brokerage...
First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative
20.9.2019
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC
Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network
20.9.2019
JPMorgan Chase’s interbank blockchain network IIN reveals Singapore’s OCBC as the latest new member
Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network
20.9.2019
Bank of America follows in the footsteps of Mastercard to join the Marco Polo blockchain network
Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months
19.9.2019
The Argentine peso monetary base will be increased by 2.5% per month in the next two months, the central bank announced
Bank of America Joins Marco Polo Blockchain Trade Network
19.9.2019
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7
19.9.2019
Libra meets with G-7 regulators amid regulatory hurdles surrounding its launch. Can the Facebook-backed token finally turn the tide in its favor?
Arab Bank’s Swiss Arm is Launching Cryptocurrency Services
19.9.2019
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services
Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services
19.9.2019
Arab Bank Switzerland has become the latest Swiss institution to enter the digital assets sector
Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
18.9.2019
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...
Lao Development Bank Announces Collaboration with Blockchain Payment Platform, Everex
18.9.2019
EVX Holdings, the Singapore-based blockchain services provider, operating as Everex, has recently inked a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) aiming to establish a robust blockchain platform for seamless cross-border payments and trade finance. Lantana Keosihavong,...
Seba And Sygnum Bitcoin Banks Granted License By Swiss Financial Regulator (Finma)
17.9.2019
Recently, the Swiss Financial Market Supervisory Authority (FINMA) has made an announcement that has come as a relief to two “pure-play blockchain service providers” who can now serve as crypto banks for the industry. This is being perceived as a giant step for the digital asset industry as one...
Kryptoměnu Facebooku řešilo 26 centrálních bank. Povolení je nejisté
17.9.2019
Mnoho nejasností stále panuje kolem chystané kryptoměny Facebooku jménem Libra. Finanční instituce po celém světě si nejsou jisty, zda ji akceptovat. V pondělí se proto setkalo 26 zástupců centrálních bank z celého světa, aby prodiskutovali, jaká rizika spuštění Libry může pro lidi přinést.
Here’s How Europeans Can Deal With Negative Interest Rates
17.9.2019
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...
Yandex ties up with VTB bank launching an Investment Portal
16.9.2019
After a much-struggled partnership between Yandex, Russia’s most valuable digital company and Sberbank, a retail state-owned bank to kick start an internet marketplace, everything seems to have come to an abrupt halt. Media is considering it be the case of sour grapes. Yandex is rather looking...
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
16.9.2019
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
Libra Does Not Threaten Sovereignty of Nations, Says Calibra CEO
16.9.2019
Calibra CEO dispels notion that Libra is a threat to the global financial system
Deutsche Bank Joins JPMorgan’s Crypto Payments Network
16.9.2019
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...