Financial market

Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
May 28, 2020 at 13:11
News
Goldman Sachs’ Negative Opinion Of Bitcoin Raises Criticism
In a call with investors on May 27, Goldman Sachs, the New York-based multinational investment bank and financial services company maligned Bitcoin and cryptocurrencies, saying they are “not assets.” This statement attracted negative reactions from the crypto community.
Brazilian Banks Could Face Consequences for Denying Services to Cryptocurrency Brokers
May 21, 2020 at 14:58
News
Brazilian Banks Could Face Consequences for Denying Services to Cryptocurrency Brokers
For two years now, the Administrative Council for Economic Defense (CADE) has been pursuing a case involving seven Brazilian banks that denied cryptocurrency brokers access to critical financial services.
Financial Sector Keeps a Close Eye on Stablecoins Amidst the Increasing Interest
May 09, 2020 at 13:59
News
Financial Sector Keeps a Close Eye on Stablecoins Amidst the Increasing Interest
As stablecoins gain momentum all over the world, financial regulators and banks insist that a flawless regulatory structure be prepared before approving global stablecoins, alluding to risks and gaps in the existing guidelines. Stablecoins need to prepare for preemptive regulations.
US Citizen Sentenced for Possibly Financing Terrorism with Bitcoin
Mar 15, 2020 at 15:19
News
US Citizen Sentenced for Possibly Financing Terrorism with Bitcoin
A citizen of the USA named Zoobia Shahnaz faces a 13-year sentence for attempts to finance ISIS with bitcoins. To achieve her goal, she tried to fraud several giant financial institutions including American Express, Chase and Discover.
Japan to Double Leverage on Bitcoin and Cryptocurrency Trading
Jan 15, 2020 at 13:09
News
Japan to Double Leverage on Bitcoin and Cryptocurrency Trading
The Japanese Financial Services Agency (FSA) has tightened its policy on trading margin assets which can trade large amounts of money with a small amount of capital, up to twice the ratio over Bitcoin and other cryptocurrency transactions.
Having a Luxurious Lifestyle is a Reality for Cryptocurrency Traders
Nov 04, 2019 at 14:03
News
Having a Luxurious Lifestyle is a Reality for Cryptocurrency Traders
Back in 2009, when Bitcoin was just launched, only a few could imagine it becoming a serious player on the financial market. When the Bitcoin price was just $0.01, Laszlo Hanyecz paid 10,000 BTC for 2 boxes of pizza.
MasterCard Unveils Principles to Be Followed by its Blockchain Project Partners
Oct 20, 2019 at 08:22
News
MasterCard Unveils Principles to Be Followed by its Blockchain Project Partners
MasterCard Incorporated, an American global financial services firm and a payment processing giant, has recently declared some important principles for its work with groundbreaking innovations including blockchain technology.
 MasterCard to Design Topnotch Blockchain-Based International Payments Solution
Sep 14, 2019 at 12:10
News
MasterCard to Design Topnotch Blockchain-Based International Payments Solution
On Friday September 13, MasterCard Incorporated, an American multinational financial services corporation based in New York, United States, announced its partnership with enterprise blockchain tech company R3 to design distributed ledger technology (DLT)-based international and transborder payments.
India: RBI Develops a Blockchain Platform for Banking
Jul 02, 2019 at 13:17
News
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.
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