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Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
27.5.2019
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia
27.5.2019
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’
27.5.2019
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...
SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans
27.5.2019
Why SBI’s plans for its crypto exchange involve business synergy and institutional investors
How Crypto-Based Microfinance Benefits Small Businesses
27.5.2019
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...
Crypto-Italy: Institutions, Politics, Business and Society
26.5.2019
Is Italy going “crypto”? Some significant changes have been affecting institutions and politics before today’s 2019 European elections — a survey on the status of the blockchain revolution in the Bel Paese
Ripple (XRP) Price Analysis: Siam Commercial Bank (SCB) Locks Ripple Blockchain, XRP On Hold
24.5.2019
Thailand’s largest commercial bank, Siam Commercial Bank will use Ripple Blockchain Ripple earns traction against SWIFT Siam Commercial Bank (SCB) took to Twitter to announce the integration with Ripple Blockchain. They also mentioned that XRP token would be taken up after the next announcement....
Security Token Platform iSTOX Admitted to Central Bank Sandbox
24.5.2019
iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore's central bank
Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
24.5.2019
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake,...
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
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