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Bitcoin Bank Accounts Launched by Bitwala in 31 European Nations


Bitwala, a blockchain company based in Germany, has unveiled a new application which will enable European residents to easily open a German bank account through their smartphones. Interestingly, this bank account will have an integrated Bitcoin (BTC) wallet. The roll-out was officially announced...

Dutch Central Bank Prepares to Start Regulating Crypto Sector


The central bank of the Netherlands is preparing to supervise the country’s crypto sector. The bank has requested crypto exchanges and wallet providers to come forward and submit some information. Once the law takes effect, these operators will be required to register with the central bank...

Auditor, Bank and Sports Platform Turn to Bitcoin, Crypto Payments


Companies are continuing to turn to Bitcoin as a form of payment, with a leading global auditor and an American sports and entertainment platform opening their doors for BTC-holding customers. Moreover, a 176-year-old Norwegian bank has invested in a crypto exchange. Auditor PwC Luxembourg...

Four Japanese Banks Including the Seven Bank, Joins MoneyTap


Financial giant SBI has published in their report that four major Japanese banks have invested in its cashless mobile-payment application, MoneyTap. Money tap is powered by Ripple which uses the Ripple xCurrent solution, built on distributed ledger technology. The report stated: SBI Group announces...

FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act


The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...

HSBC Used Voltron Blockchain in a Letter of Credit Transaction Using Yuan


On Tuesday, HSBC used the technology of the Voltron blockchain platform and completed a transaction between Hong Kong’s MTC Electronics, sending LCD parts to its parent company in Shenzhen. It was a letter of credit transaction, done using Chinese renminbi (Yuan). Letters of credit or bankers...

The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech


The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...

Doors To The Cryptocurrency Accounts Opened For European Citizens by Bitwala


Bitwala has announced the launch of their bitcoin banking app for iOS and Android. Bitwala is a  Berlin-based crypto banking startup with customers in about 31 of the European countries. All of these residents can now apply for a German account in the banks, with functionalities like bitcoin wallet...

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