Sep 20, 2019 at 12:33
Another Bank in Switzerland to Provide Bitcoin and Ethereum Trading Custody
Arab Bank Switzerland, a sister firm of the Middle East-based banking bull Arab Bank which was the first Arab monetary organization to launch a presence in Switzerland, is now providing trading and custody services for Bitcoin (BTC) and Ethereum (ETH), the globe's first and second leading cryptocurrencies. As per the Sept. 19 report by The Block, the effort implies institution’s high net-worth customers, counting business giants and family businesspersons, can now have access to cryptocurrencies.
Sep 15, 2019 at 12:03
Banks in Russia Want Cryptocurrency Holders to be Identified
The Association of Banks of Russia (ADB) has created a decentralized cryptocurrency turnover concept, that suggests to deploy special programs to recognize the owners of digital currencies, according to Anatoly Kozlachkov, ADB vice president. The banks want to completely remove all kinds of obscurity in digital currency transactions and businesses, a thing that will make Bitcoin (BTC) possession facts and figures public.
Aug 29, 2019 at 11:18
Buying Bitcoin Within Italy and Europe is Now Easy
While the United States Securities and Exchange Commission (US SEC) continues to take time and postpone the listing of the first exchange-traded funds (ETFs), Bitcoin and other cryptocurrencies in Italy and the rest of Europe the number of tools that replicate the cryptocurrency trend. As the entire blockchain ecosystem is waiting for the approval or disapproval of cryptocurrencies ETFs by the US SEC, buying and selling of bitcoin and other altcoins and also investing in funding is now as easy as drinking water in Italy and Europe at large.
Libra is Getting Popular in China Despite Criticism in USA
The latest research shows that Libra, the cryptocurrency owned by Facebook, is now ranked the third most searched keyword on Weibo, a Chinese search engine. Libra follows words like “Chinese Movie Star” and Mona Lisa correspondingly. This is an indicator that people living in the country have started to gain appetite for digital currency including Libra, Bitcoin and others.
What Does the Entry of Facebook, JPMorgan and Netflix Mean?
Facebook, JPMorgan and Netflix are now in for the innovation game. Several giant institutions have entered the businesses related to blockchain and cryptocurrencies and this has given the industry a big boost. In the same sense, retail investors have also benefited since huge funds, derivatives plus many other monetary instruments are now accessible by the public.
India: RBI Develops a Blockchain Platform for Banking
The Reserve Bank of India (RBI) develops a blockchain-based platform for banking starting with its R&D branch. The distributed ledger tech (DLT) platform is going to host a wide spectrum of blockchain applications beginningovel in 2020. The blockchain-powered platform will serve financial institutions including banks and will start with the RBI’s R&D branch. The new platform is generally for DLT use case for the government in financial banking.
Italian Entrepreneurs Embrace Blockchain and Innovations
Group of young businessmen organize a meeting on the subject of blockchain and its peculiarities at Liuc University, Italy. More and more people have started to feel a need for researching this new financial technology and finding out how to implement it in their businesses.
SEC Chair Needs Basic Changes Before Crypto ETF Approval
Regardless of the unswerving rejections of Exchange-Traded Fund (ETF) applications set forth up to the present time, optimism is still high amongst some cryptocurrency users, that the imminent ETF decision may eventually be the one that is approved. That was until Jay Clayton, the U.S. Securities and Exchange Commission (SEC) chairman reassured those hopes again when he presented in a speech at Coindesk’s Consensus Invest Conference in New York.