Bitwala launches smartphone Bitcoin banking app for customers in 30 European countries. On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an […]
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China’s central bank has refuted recent reports of its plans to launch a state-backed cryptocurrency in the coming months, state-owned media claims. The Global Times claims that China’s central bank has refuted recent reports of its plans to launch a state-backed cryptocurrency this November. The Global Times is China’s national English language tabloid, under the […]
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PNC bank has become the first United States bank to start using the RippleNet blockchain network for cross-border payments. PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments. Fintech Futures reported on Aug. 29 that […]
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Interest in сrypto funds is on the rise — what are the hurdles to adoption? Cryptocurrencies are upending the worlds of banking, retail and payments in countless ways, but there has been one area where this burgeoning industry has somewhat fallen behind: investments. While it can be easy to build portfolios that focus on stocks […]
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A blockchain association has been jointly formed by the Santiago Stock Exchange, Central Securities Depository and the Global Trade Directory. The Santiago Stock Exchange (STE), Central Securities Depository (DCV) and the Global Trade Directory (GTD) announced a new blockchain association. Latin America focused business intelligence firm BNamericas reports on Aug. 27 that STE, DCV and […]
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Swiss and Singapore-based cryptocurrency firm Sygnum is in talks with local regulators to seal a crypto banking license in Singapore. Swiss and Singapore-based cryptocurrency firm Sygnum is in talks with local regulators to seal a banking license in Singapore. Business News Bloomberg reported on Aug. 28 that Syngum — which has only just recently been […]
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Blockchain firm R3 partners with the Indian government’s Kerala Blockchain Academy to launch a developer certification program on R3’s Corda blockchain. The Kerala Blockchain Academy (KBA), a government initiative under the Indian Institute of Information Technology and Management, is now a general partner of R3. Local news outlet The Economic Times reported on Aug. 27 […]
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Founded by former JPMorgan blockchain specialists, Kadena launches its new enterprise blockchain product on Azure. Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace. On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free. Blockchain scalability ambitions […]
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Eight institutions will reportedly receive the first installment of China’s upcoming central bank-issued digital currency, including Alibaba and Tencent. According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity. The first […]
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Global banking giant HSBC becomes the first bank to finance a transaction on European blockchain trade platform we.trade. Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade. Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within […]
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