Palestinian Authority Considering Crypto to Replace Israeli Shekel
Palestinian Prime Minister Mohammad Shtayyeh said that his government is considering cryptocurrency to replace the Israeli shekel Go to Source Powered by WPeMatico
Banks
Auto Added by WPeMatico
Watch Out Ripple, SWIFT Says Its Fastest Remittance is Down to 13 Secs
The Society for Worldwide Interbank Financial Telecommunications announced a successful trial of instant cross-border transfers in Asia Go to Source Powered by WPeMatico
Bank of America Files Patent for Settlement System Citing Ripple
Bank of America has filed a patent application for a settlement system citing the Ripple ledger Go to Source Powered by WPeMatico
Crypto Banking Firm FairX Shuts Down Due to Lack of Financing
FairX has shut down its operations as it failed to establish a licensed national bank due to a lack of financing Go to Source Powered by WPeMatico
European Central Bank Policymaker Says Stablecoins Not Cause for Alarm
ECB’s governing council Jens Weidmann says that while stablecoins offer opportunities for prosperity, users should be vigilant Go to Source Powered by WPeMatico
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean … Read more
Overstock Subsidiary and Tokenization Firm tZERO Announces New Management
Blockchain and cryptocurrency company tZERO has announced three new executives for issuance, investor relations and communications Go to Source Powered by WPeMatico
Share Internet Data Launches Banking App in Tandem With LDJ Capital
Internet crowdsourcing company Share Internet Data has launched a banking app in an effort to provide free service to the unbanked Go to Source Powered by WPeMatico
Post-Hearing: Ranking Senate Committee Members Discuss Regulations
Senate Banking Committee members discussed regulation of big tech companies in a press conference following today’s Libra hearings Go to Source Powered by WPeMatico
IMF: Network Effects Could Spark Blaze of Digital Money Adoption
The International Monetary Fund has argued that network effects could spark the blaze for the mass adoption of new digital monies Go to Source Powered by WPeMatico