Government Bonds: How Blockchain Can Beat the Red Tape
Blockchain bonds cut bureaucracy and costs, recent trials show Go to Source Powered by WPeMatico
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Bloomberg: Puerto Rico’s Noble Bank Reportedly Loses Clients Tether, Bitfinex, Seeks Buyer
Puerto Rico’s Noble Bank, well-known for working with Tether and Bitfinex, has reportedly lost them as clients and is seeking buyers, sources told Bloomberg Go to Source Powered by WPeMatico
Italian Banking Association Completes First Test of Blockchain-Based Interbank System
A group of 14 Italian banks has successfully completed the first stage of its blockchain-powered interbank system project Go to Source Powered by WPeMatico
Banks, Money Mules and Front Companies Aid Terrorists in Conflict Zones Launder Money
Terror financing is taking on a new shape, but still retaining its old aides. Environmental crimes such as wildlife trafficking and illegal ivory sales have overtaken the drug trade as the major income source for terrorists around the world, accounting for more than a third of their revenue. However, it is not cryptocurrency that is … Read more
Chinese State Bank Uses Blockchain to Issue Digital Mortgages Worth $1.3 Billion
The Chinese Bank of Communications, the fifth largest in the country, has issued securities worth $1.3 billion on blockchain Go to Source Powered by WPeMatico
Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds
Austria’s government will use an Ethereum-based blockchain notarization service to issue €1.15 billion ($1.35 billion) of government bonds in a Federal Bond Auction next week Go to Source Powered by WPeMatico
Report: Companies, Investors Circumvent Chinese ICO Ban
It is possible to bypass China’s ICO ban, according to a report from the Xinhua News Agency Go to Source Powered by WPeMatico
Swiss Startup Raises $103 Million to Launch Cryptocurrency Bank
Switzerland-based startup SEBA Crypto AG has raised $103 million to build a bank providing digital asset-related services to corporate clients Go to Source Powered by WPeMatico
Analysts Suspect Cryptocurrencies Used to Evade US Sanctions in North Korea
During an interview earlier this week, two Washington-based financial intelligence analysts explain that North Korea is using cryptocurrencies to evade US sanctions. The intelligence researchers Lourdes Miranda, and Ross Delston say the Pyŏngyang region is actively trading established digital assets to avoid US financial sanctions that have been imposed since the fifties. Also read: Developer Paul … Read more
Ukrainian National Bank Considering Launching State Digital Currency Tied to Local Fiat
The National Bank of Ukraine is considering the idea of creating a blockchain-based state digital currency Go to Source Powered by WPeMatico
