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Nasdaq Interview Features iSunOne as Blockchain Banking’s Future
30.9.2019
The NASDAQ exchange had invited the CEO and chairman of TideiSun Group, Robin Xie and Chen Ping, respectively, in September to launch the flagship platform of their firm called iSunOne, as per Media Outreach reports dated September 30, 2019. iSunOne, a blockchain-based platform offering global...
Swiss Stock Exchange SIX Lines Up Buyers for ‘Initial Digital Offering’
30.9.2019
Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020
Bankers Start to Recognize Bitcoin’s Role in Financial Evolution
29.9.2019
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...
Former Head of UBS Shares Excitement Over the “Powerful” Crypto Banking Potential
29.9.2019
The ex-CEO of the largest bank of Switzerland, UBS, Peter Wuffli, has stated that he intends to tap into the 220 billion dollar market of private individuals, as well as institutions, that already own digital currencies. At present, Wuffli serves as the director of Sygnum, a Swiss cryptocurrency...
ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
27.9.2019
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official
26.9.2019
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets
Ex-UBS Head Wants His Crypto Bank to Tap $220B Cryptocurrency Market
26.9.2019
Peter Wuffli, former head of UBS, and director at Swiss crypto bank Sygnum sees a tremendous opportunity in providing custody services for cryptocurrency holders
The New Medici Bank Is About to Take On Its First Crypto Clients
26.9.2019
The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients
Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week
25.9.2019
The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Barclays Hackathon to Attack Data ‘Silos’ With Blockchain
25.9.2019
Barclays is holding another hackathon to tackle the finance industry’s perennial problem of data silos. Once again, blockchain will take center stage.
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Token Tech firm Securitize Raises $14 Million From Santander, MUFG, Nomura
24.9.2019
The SEC-regulated firm raised $14 million from notable investors across traditional and blockchain finance
Major German Stock Exchange Group Launches Crypto Trading
24.9.2019
Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...
PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
A Startling Prediction, Revisited: New Banking Revolution Based on DLT
22.9.2019
Source: Pascal Boyart, Instagram / pboy_artist
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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One year ago,...
How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects
21.9.2019
Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels...
Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec
20.9.2019
Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative
20.9.2019
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC