New York Fed: Cryptocurrency Won't Challenge Dollar in Near Or Mid-Term
Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet…
Ripple’s payment technology will not be used by UAE but will encourage and educate commercial banks to use it
Mohsen AlZahrani, VP Strategy & Excellence at SAUDI PAYMENTS mentioned that two banks in the UAE will go live using Ripple’s payment solutions. He also…
JPMorgan Securities Exec: 'Blockchain Is Still Far From Institutionalization’
Joyce Chang, global research chair at JPMorgan Securities, has said that blockchain technology is still far from institutionalization and must still overcome key hurdles before…
Banks are Better than Bitcoin (When It Comes to Money Laundering)
On September 28, 2018, the Wall Street Journal published a report which claimed that criminals laundered nearly $90 million of proceeds via cryptocurrency exchanges over…
Ripple Hires Ex-HSBC, CIT Exec as General Counsel After Five-Month Hiatus
Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan.…
Hodler’s Digest, Jan. 21–27: Top Stories, Price Movements, Quotes and FUD of the Week
Top Stories This Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange…
UAE And Saudi Arabia Decides To Roll Out a Cryptocurrency for Banks
The space of blockchain tech and cryptocurrency is now slowly starting to pervade the traditional finance market. On the other hand, Arabs are looking to…
Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves
Cryptocurrency pioneer Nick Szabo has argued that central banks could soon turn to cryptocurrencies to shore up their reserves, Finance Magnates reports Jan. 9. Szabo…
French Banks Accused of Censorship Amid Fundraising Outrage For a Yellow Vest Boxer
“I’m demonstrating for all the pensioners, for the future of my children, for single women, for everything we’re fighting for. I am a gilet jaune.…
Blockchain Platform For Trade Finance Developed By China Banking Association
China Banking Association (CBA), a self-regulatory bank organization, is planning to launch a new blockchain-powered system to improve efficiency across the banking sector. The new…
Ripple CTO David Schwartz: We need bridges to banks to attain mass adoption
The cryptocurrency industry has been abuzz with chatter from many famous personalities in the space. On the 10th anniversary of the Bitcoin [BTC] genesis block on…
China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks
China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement…