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Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements
23.5.2019
Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries
Report: Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet
23.5.2019
Plans to develop a cryptocurrency wallet have reportedly been canceled by Dutch bank Rabobank
As Deutsche Bank Shares Hit New Lows, CEO Promises Tough Cuts
23.5.2019
At one point of time, German banking giant Deutsche Bank was looked upon as being in the same category of some of the biggest banks of the world like Goldman, JP Morgan, and Barclays among others, as it set its sights on international domination. However, the financial crisis of 2008 burned...
Over 55,000 Brazilians Conned For $200 Million By Fake Cryptocurrency, As Crypto Frauds Refuse To Die
23.5.2019
Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 investors. The estimated fraud value is said to be over $200 million. The primary for crypto scams has been the lack of awareness among investors....
Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019
22.5.2019
Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln
22.5.2019
Mike Novogratz’s crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
Central Bank of Laos Issues Warning Against Using Cryptocurrency
22.5.2019
Laos’ central bank has warned financial market participants against accepting, buying or selling cryptocurrency
Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent
21.5.2019
A fintech research institute established by China's central bank has posted several new job openings for blockchain talent
As HSBC Guns for More Market Share, More Tech Jobs To Come Up in China
21.5.2019
HSBC Holdings is one of the largest banking giants in the world and over the course of its history; the bank has always had a strong presence in Asia. However, the lender is not going to rest on its laurels and is looking to further consolidate its presence in the continent by adding as many...
PBoC’s Fintech Research Institute Is Hiring Blockchain Experts
21.5.2019
A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise.
Ripple (XRP) Price Analysis: Cryptos Can Never Replace Banks- European National Bank; What is Next Ripple?
21.5.2019
Ripple’s aim to replace the banking sector has faced resistance by the officials of the Top European bank. The 2019 prediction goes with $1.1. Ripple (XRP) has been a dominant actor in the field of the alliance between the whole banking system and cryptocurrencies. RippleNet tries to become...
New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform ‘Forcefield’
20.5.2019
Dutch bank ABN AMRO is launching a blockchain-based inventory tracking platform
Goldman in Talks to Buy European Budget Hotel Chain for 1.9 Billion Euros
20.5.2019
Over the course of the last few decades, Goldman Sachs has firmly established itself as the byword for shrewd investing and remains the gold standard in high finance at a global level. The bank is involved in creating highly sophisticated securities for its clients and remains the world’s most...
CEO of Ripple Equated xCurrent as an Upgrade to SWIFT
20.5.2019
In the recent Swiss National Bank Conference, many of the major players from the banks and financial institutions participated. The theme of the event was around the creation of CBDC’s and their impact on the global economy, and lastly the use of USD as the prominent currency on the global level....
Gujarat Bitcoin Trader Commits Suicide, Blames Senior Cop And Brother In Suicide Note
20.5.2019
India is an emerging nation, which is known to wholeheartedly welcome innovative technology, but that hasn’t been the case with cryptocurrencies. The crypto industry has faced severe blows from regulatory authorities, resulting in unorganized crypto trade in the country. However, the news that came...
Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns
20.5.2019
Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
20.5.2019
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone