The major Japanese investment bank has published the results of a pilot project, aimed at implementing blockchain tech for securities post-trade processing. Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with Cointelegraph on Feb. 19. The PoC implemented blockchain in the […]
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Yoshitaka Kitao is vesting his future hopes for crypto in Ripple and R3 technologies. Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has singled out Ripple (XRP) and blockchain consortium R3 as reasons to remain optimistic about the future of the crypto industry — bear market notwithstanding. Kitao made his […]
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SMBC conducted a proof-of-concept of R3’s Marco Polo with a multinational Japanese player. Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating […]
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Oman’s second largest bank BankDhofar is now using RippleNet technology for cross-border payments to India. Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16. RippleNet is […]
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Fundstrat Global Advisors thinks that crypto prices can see higher price points, and JPMorgan plans to launch its own coin. Top Stories This Week Fundstrat Global Advisors Expects 2019 to Bring More Institutional Investors to Crypto According to a report on the 2019 crypto outlook released by New York-based research company Fundstrat Global Advisors, incremental […]
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Virtually all of the top 20 coins by market cap are seeing fluctuations of within 2 percent in both directions on the day. Saturday, Feb. 16: Cryptocurrencies are seeing mild price action, with virtually all of the top 20 coins by market cap seeing fluctuations of within 2 percent in both directions on the day, […]
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JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]
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Some experts predict the downfall of tokens with no clear use cases, while touting Bitcoin as a clear winner in the long run. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your […]
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Terry Duffy said that until governments start to accept cryptocurrencies, it will be very difficult for major commercial banks to get involved. Terry Duffy, CEO of leading derivative market CME Group, has said that until governments start to accept cryptocurrencies, it is very difficult for major commercial banks to get involved in the market. Duffy […]
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One of the largest Brazilian banks, Bradesco, will close the accounts of cryptocurrency exchange Bitblue and its owners. One of the largest Brazilian banks, Bradesco, has notified crypto exchange Bitblue that its banking accounts will be closed late February, local crypto outlet Portal do Bitcoin reported on Feb. 13. As the outlet has learned from […]
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