EU Bitcoin Bank Bitwala Received ~$14.5 Million in Funding
German Bitcoin bank Bitwala garners €13 million (almost $14.5 million) in funding Go to Source Powered by WPeMatico
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Crypto Not a Solution for Financial Inclusion, Lawyer Tells US Senate
Cryptos are not the solution for financial inclusion, according to a statement prepared for today’s U.S. Senate’s crypto hearing by an intl’ lawyer Go to Source Powered by WPeMatico
Philippines’ UnionBank Launches Payments-Focused Stablecoin
The new, bank-backed cryptocurrency — dubbed PHX — is being implemented on UnionBank’s i2i platform Go to Source Powered by WPeMatico
Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up
An infographic illustrating what is Bitcoin, how it works, and why it is valuable has been recently published by the Chinese central bank Go to Source Powered by WPeMatico
SWIFT Vs. Ripple — The Importance of Speed in Cross-Border Payments
Will correspondent banking be phased out in favor of more instantaneous blockchain-based cross-border payment systems? Go to Source Powered by WPeMatico
Nigerian Deposit Insurance Corporation Warns Against Crypto Dependency
The CEO of the Nigeria Deposit Insurance Corporation says citizens take a high risk by relying on crypto, since there is little regulation Go to Source Powered by WPeMatico
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested political … Read more
No Companies Have Officially Joined Libra Association Says Visa CEO
Listed firms of the Libra Association have only signed a nonbinding letter of intent and not officially joined, says Visa CEO Go to Source Powered by WPeMatico
US Senate to Hold Debate on Crypto, Blockchain Regulatory Frameworks
The United States Senate Banking Committee is set to hold a broader debate on crypto and blockchain regulatory frameworks next week Go to Source Powered by WPeMatico
Philippines-Based UnionBank Completes Blockchain Remittances Pilot
The Philippines-based UnionBank has completed a blockchain-based remittance pilot as part of an ongoing effort to expand financial inclusion Go to Source Powered by WPeMatico