Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric. Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2. The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be […]
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The CEO of NZIA Ltd, the firm developing the Bahamas’ central bank digital currency, said that startups will be key to its adoption The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on […]
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Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International, developed a blockchain platform for settlements by holding firms. Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform, the bank announced in a press release on May 31. Targeting holding firms, the new blockchain platform claims to automate settlements […]
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SBI Ripple Asia is launching a store settlement service affiliated with SBI Holdings and MoneyTap. SBI Ripple Asia — a subsidiary of Japanese financial services giant SBI Holdings — is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap. The news was reported by Cointelegraph Japan […]
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U.S.-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading LCC. United States-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading LCC to execute crypto trades on behalf of its clients. Bloomberg reported on the matter on May 29, citing […]
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The Big Four auditor is midway through a beta test phase of a tool designed to handle staff credentials. Three Irish banks have begun using a staff data solution running on blockchain technology, a joint press release confirmed on May 30. Together with the Institute of Banking (IoB), Bank of Ireland, AIB and Ulster Bank […]
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Securities services provider ABN AMRO Clearing will provide European mobile investment platform BUX with blockchain solutions. Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on […]
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Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins. Iran’s plan to battle international sanctions through the use of a state-sponsored cryptocurrency has been brewing for over a year now. It’s been a viable and exciting option for a country that had been cut off from the global economic community […]
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Financial regulator BaFin has warned that cryptocurrency exchange CoinBene is not properly registered or licensed in Germany. The Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28. The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin […]
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Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]
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