Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account
A Brazilian cryptocurrency brokerage has won a lawsuit against a bank that closed its account due to purported concerns about fraud Go to Source Powered by WPeMatico
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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger a financial crisis that could grow into a new global meltdown. Chinese state-owned … Read more
Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020
The Dubai International Financial Centre, Mashreq Bank and Norbloc will jointly launch a blockchain-based KYC data-sharing consortium in the first quarter of 2020 Go to Source Powered by WPeMatico
Sex & Crypto: Cointelegraph Documentary
See Cointelegraph’s dive into the ways that crypto is changing adult entertainment Go to Source Powered by WPeMatico
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
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