National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product
The National Bank of Kuwait has integrated RippleNet’s blockchain technology to expedite cross-border money transfers Go to Source Powered by WPeMatico
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2019 Will See Entry of More Institutional Players in Crypto, Says Asia Fintech PwC Leader
Many institutional players will enter the crypto space, according to the crypto and fintech leader for Asia at PricewaterhouseCoopers (PwC) Go to Source Powered by WPeMatico
Japanese Giant Mizuho Financial Group to Introduce Digital Currency for Cashless Payments
A digital currency for remittances and digital payments will be released in March by Japanese giant Mizuho Financial Group Go to Source Powered by WPeMatico
Bank of America Reveals New Blockchain Patent Targeting Cash Handling
Bank of America targets cash handling in its latest blockchain patent Go to Source Powered by WPeMatico
Chilean Banks Urge Anti-Monopoly Court to Revoke Decision Protecting Crypto Exchanges
Two major Chilean banks have applied to the anti-monopoly court in order to cancel its decision protecting crypto exchanges Go to Source Powered by WPeMatico
70% of Respondents Prefer Being Gifted Money in Digital Currency, Survey
The U.K.’s central bank asked Twitter users to choose how they would prefer to receive money as a Christmas gift — the majority chose digital currency Go to Source Powered by WPeMatico
Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg
Bloomberg claims statements show that until at least July this year, Tether had fiat reserves to match its token circulation Go to Source Powered by WPeMatico
Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks
The Advisory Council of the United Arab Emirates Banks Federation considers applying blockchain to improve KYC processes at member banks Go to Source Powered by WPeMatico
German State Bank KfW Tests Blockchain App for Public Finance Management in Burkina Faso
KfW, Germany’s third largest bank by total assets, will trial its blockchain app in Burkina Faso to track credit funds provided to the country Go to Source Powered by WPeMatico
Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep
A Barclays Intrapreneur stated that blockchain systems should be built with regulatory compliance in mind Go to Source Powered by WPeMatico