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More Signs the Next Big Financial Crisis May Begin in Germany
3.8.2019
Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
European Union Gives Unconditional Approval To IBM’s $34 Billion Red Hat Deal
28.6.2019
As far as tech industry royalty is concerned, then IBM is right up there with the biggest names in the industry and its move to acquire Red Hat, an open source software firm for a mammoth $34 billion is an indication of its ambitions. As everyone knows, cloud computing is now the emerging industry...
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
27.6.2019
A comprehensive instantaneous payments system may be in place in the European Union by 2020
Germany: CDU and CSU Union to Integrate Blockchain Into Public Services
25.6.2019
German CDU and CSU Union proposes the deployment of blockchain tech in public services
Napster Founder’s IoT Startup Is Adding Tokens With $15 Million Round Led by USV, Multicoin
12.6.2019
Helium, an internet-of-things startup founded in 2013, is adding crypto tokens to its business model with the backing of two major funders
Crypto Debit Cards You Can Use Now Plus a Few to Expect Soon
9.6.2019
Debit cards tied to cryptocurrency wallets provide an opportunity to spend your digital coins almost anywhere fiat money is accepted. It’s a working solution, at least until wider adoption comes around. That’s why they’ve become so popular in the crypto community. Challenges...
Why Crypto Will Not Make Western Union Obsolete
29.5.2019
George Harrap
The text below is an excerpt from The Compendium of Cryptocurrency Remittances by George Harrap, CEO of Bitspark, a bankless money transfer solution utilising blockchain technology.
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It is impossible in the remittance world to ignore Western Union (WU). The solid brand name...
Facebook Reveals Plans of Launching Its Cryptocurrency ‘GlobalCoin’ in 2020
24.5.2019
As per the latest reports doing the rounds since today morning, Facebook is all set to introduce its own digital currency next year. The crypto referred to as ‘GlobalCoin,’ is most likely to hit the market in the 1st quarter of 2020 officially. If everything goes according to the social networking...
Blockchain Credit Union Consortium to Use R3’s Corda for Cross-Border Payments Product
22.5.2019
CULedger, a blockchain consortium and credit union service organization, has chosen R3’s Corda blockchain to underpin its forthcoming cross-border payments product
International Money Transfer: Western Union vs World Remit vs Bitcoin
19.5.2019
One of the earliest cited use cases for bitcoin was international money transfers. Many believed that bitcoin would disrupt the global remittance market like nothing before because of the digital currency’s ability to process borderless digital cash transactions in a matter of minutes at a much...
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
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European Union’s Copyright Directive Proves To Be A New Threat For Youtube
13.5.2019
Alphabet Inc, which owns Google and YouTube among other internet properties, has been in the crosshairs of the regulatory authorities in the European Union (EU) for quite a while and earlier this year, the company had to pay the EU billions in fines for abusing its position as a dominant player....