U.S Treasury Adds Russian Bank To Sanctions For Petro Involvement

Evrofinance Mosnarbank, a Russian-based bank, has found itself on the blacklist books of the United States Treasury Department after it got too close with Venezuela’s state-backed cryptocurrency, Petro. In a press release, The Treasury Department has divulged information indicating that the financial institution was willing to offer financial aid towards […]

» Read more

Blockchain will Stop Fraud: Falciani Creates his Own Crypto

Frenchman whistleblower Hervé Falciani, the ex-mole of tax evaders, officially presented his blockchain-based project aiming to fight fraud and money laundering. The former UBS senior system engineer, who published the 'top secret' list of tax evaders that had financial accounts at the branches of the Swiss bank in the 2008 […]

» Read more

Bitcoin is decentralized and the ledger is correct but the structure is inefficient, says Bank of Canada

Bitcoin [BTC] and other cryptocurrencies have been considered revolutionary in the finance and technology industry. Moreover, Bitcoin, currently the largest cryptocurrency in the space and also the very first cryptocurrency, is often hailed as digital gold, and a currency that would give financial freedom to all. The topic of whether […]

» Read more

Breaking: JP Morgan Bank Breaks Record by Becoming the First to Issue a Bank-Backed Cryptocurrency

Banking giant JP Morgan has announced the release of its cryptocurrency JPM Coin, which is the first to be issued by a bank. The token will be used mainly to settle payments using the money, securities, and other assets by between the company’s payment business clients. This will be just […]

» Read more

Trump Passes on a Bitcoiner, Picks World Bank Critic For Top Job

Any speculation that a bitcoiner, Mohamed El-Erian, might be picked to lead the World Bank has been put to rest after President Donald Trump nominated David Malpass (pictured) for World Bank president. According to Bloomberg, El-Erian was being considered, with some crypto media wondering whether one of the top international job would be […]

» Read more

Bitcoin and other cryptocurrencies must migrate from PoW, says Bank for International Settlement in a research paper

Bitcoin’s search volume for the global market as a whole piqued in Q4 of 2017 when it’s price hit an all-time high of ~$20,000. This search volume for Bitcoin far exceeded that of Gold, Silver, US Dollar. Much of the appeal/attraction for Bitcoin or other cryptocurrencies comes from the fact […]

» Read more

Ripple partner National Bank of Kuwait ties up with SWIFT’s global payments innovation

On January 3, the National Bank of Kuwait [NBK] announced the launch of SWIFT’s global payments innovation [gpi] using the integration capabilities of ACI Worldwide’s payment engine. NBK is the same bank that had launched the National Direct Transfer Service using RippleNet wherein customers will have access to the payment […]

» Read more

Bank of America Files Patent to Develop Blockchain-Based ATMs for Faster Transactions | BTCMANAGER

The Bank of America (BOA) on December 26, 2018, filed a patent that allows them to develop blockchain based devices to handle cash. These are cash handling devices whose aim is to bring about efficient, faster, and traceable transactions, according to a Finance Magnates report. BOA Doing More with Distributed […]

» Read more
1 2 3 9