‘Cryptocurrency Fever’ Has Begun to Diminish, Russian Central Bank Head Says
Elvira Nabiullina, the head of Russia’s central bank, thinks that crypto “fever” is diminishing Go to Source Powered by WPeMatico
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Natwest Bank Launches R3 Corda Blockchain-Based Syndicated Lending Platform
U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market Go to Source Powered by WPeMatico
Accenture Works With Thailand’s Oldest Bank to Release Blockchain Supply Chain Tool
Accenture continues supply chain work with blockchain partnership featuring subsidiary of Thailand’s Siam Commercial Bank Go to Source Powered by WPeMatico
Japanese Electric Power Company Partners With Bank, University on Blockchain Research
A new partnership sees Japan looking at blockchain’s potential for renewable energy sales to consumers Go to Source Powered by WPeMatico
World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands
The World Payments Report 2018 has found that blockchain technology is not presently capable of meeting the demands of the financial market Go to Source Powered by WPeMatico
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Bitfinex has reportedly shifted its banking business to Hong Kong, with U.S.-based Citibank as the intermediary bank for U.S. dollar wire transfers Go to Source Powered by WPeMatico
Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern
A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword … Read more
World Bank President: Distributed Ledger Technology Has ‘Huge Potential’
World Bank Group President Jim Yong Kim has stated that blockchain technology has “huge potential” that can help the organization “leapfrog generations of bad practice” Go to Source Powered by WPeMatico
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
Crypto exchange Bitfinex has suspended all fiat currency wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling, says they will resume “within a week” Go to Source Powered by WPeMatico
Crypto Assets Pose No Risks to Financial Stability, International Bankers Claim
The Financial Stability Board notes cryptocurrencies are not dangerous unless the market grows Go to Source Powered by WPeMatico