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JP Morgan’s Interbank Information Network Gets Five New SK Members


Five South Korean banking giants have joined JP Morgan for their blockchain-based payments initiative, the Interbank Information Network (IIN). The cross-border payments initiative operates on a ‘permissioned-variant’ of the Ethereum blockchain, dubbed, Quorum, and allows IIN members...

Iran Is Being Targeted for Economic Independence, Not Terrorism


New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

Bankera Launches a Global Crypto Backed Lending Solution


The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – ​ Bankera Loans​. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...

Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services


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...

Changes Afoot for Philippine Crypto-Friendly Economic Zone


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...

Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption


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...

Kryptoměnu Facebooku řešilo 26 centrálních bank. Povolení je nejisté


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.

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