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G20 Countries Start Implementing Unified Cryptocurrency Standards


As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...

World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia


Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...

S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’


South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans. The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...

How Crypto-Based Microfinance Benefits Small Businesses


Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining...

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