Materials by tag Banking

Jan 29, 2019 at 15:15
“IranCoin”: New Government-Backed Crypto to Bypass US Economic Sanctions
Iran - a theocratic Islamic republic in the Middle East, is expected to declare a state-backed crypto at the yearly Electronic Banking & Payment Systems (EBPS) conference that will begin on Tuesday, January 29.
Jan 27, 2019 at 15:38
Less Knowledge about Blockchain Amongst Senior Business & Company Executives
The Global Blockchain Business Council (GBBC), the leading association for the blockchain ecosystem, conducted research on Tuesday, January 22, 2019, and discovered that around 63% of institutional investors think that senior executives have poor and less knowledge on blockchain technology. Just 7% depicted their blockchain understanding as “good,” and 30% saying it is “average,” according to the report by Thefintechnews.
Jan 25, 2019 at 13:16
State of Pennsylvania DoBS Says Crypto Businesses Don’t Need Money Transmitter License Under MTA
The Pennsylvania (PA) Dept. of Banking & Securities (DoBS) released guidelines on January 23, 2019, for cryptocurrency businesses operating within the state. The DoBS has decided a money transmission license for digital currency activities is not requisite.
Jan 24, 2019 at 13:32
India: IDRBT Suggests Roadmap & Blueprint for Blockchain & Crypto
India holds a big global economy that is now facing a rapid growth of use cases for blockchain and cryptocurrency markets. Taking demand into account, India plans to design a suitable roadmap for distributed ledger technology (DLT) soon or later, according to the report by Financial Express.
Jan 23, 2019 at 13:29
Two Dutch Financial Authorities are Pushing For a National Licensing System for Cryptoasset Exchanges
The Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), the country’s central bank, are industriously thrusting ahead for a national licensing scheme for digital currencies.
Jan 16, 2019 at 12:52
Zurich to Host Blockchain in Banking Summit in May 2019
We are proud to present Europe’s only dedicated Blockchain in Banking Summit.
Jan 14, 2019 at 11:56
Reserve Bank of India Forces Customers to Abandon Dealing with Cryptoassets
The Reserve Bank of India (RBI) is allegedly forcing the clients of the commercial banking institutions to completely abandon cryptocurrencies including bitcoin (BTC) and stop operating any kind of business activity related to cryptoassets. In case the client wants to set up a new bank account in any commercial banking institution in the country, he or she is forced to sign documents which in this case read that they shan’t deal in any digital currency transactions from their bank accounts.
Jan 13, 2019 at 16:43
China Merchants Bank Stretches Blockchain Tech e-Invoices to Funds & Consumer Finance
One of the top commercial banking institutions in China is expanding its use of distributed ledger technology (DLT)-based tax invoices.
Jan 12, 2019 at 13:53
Nick Szabo: Central Banks will Turn from Physical Gold Reserves to Bitcoin Reserves in 2019
A Blockchain and Crypto pioneer, Nick Szabo – many believe that he could be the anonymous developer of Bitcoin (BTC), Satoshi Nakamoto – said that central banks will more than likely turn to digital currencies to support their reserves, while speaking at the Israel Bitcoin Summit at Tel Aviv University on Tuesday, January 8, 2018.
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