banking Archives - Page 151 of 178

Untraceable Payments and Unlinkable Transactions: Startup Offers “New Generation” Coin

January 30, 2019cashtechnews

sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]

Cowboys on the Block: Inside Wyoming’s Race for Crypto Prominence

January 30, 2019cashtechnews

A savvy strategy and innovative leaders may turn Wyoming into a crypto hub. In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room […]

Abra CEO: Crypto Firms’ Route to Remittances at Scale Will Be Complex but Successful

January 30, 2019cashtechnews

Abra CEO Bill Barhydt has outlined why he thinks consumer cross-border payments and remittance services are a struggle for crypto firms. Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks […]

Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions

January 30, 2019cashtechnews

Iran is reportedly in negotiations with eight countries to use cryptocurrencies for international transactions. Iran is reportedly negotiating with eight countries to carry out financial transactions in cryptocurrency, local daily newspaper Tehran Times reports on Monday, Jan. 28. According to the article, Iran has already entered negotiations with Switzerland, South Africa, France, the United Kingdom, […]

SWIFT CEO Reveals Plans to Integrate Blockchain Consortium R3 Tech

January 30, 2019cashtechnews

Major global banking payments network SWIFT has revealed it plans to integrate technology from R3. Major global banking payments network SWIFT has revealed it plans to integrate technology from enterprise blockchain software firm R3. Speaking at the Paris Fintech Forum on Jan. 30, CEO Gottfried Leibbrandt said SWIFT would be formally announcing its plans for […]

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

January 29, 2019cashtechnews

A recent report from JPMorgan reportedly notes the potential for blockchain technology in banking and payments. Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29. JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global […]

US Congress Passes Bill to Require Study of Crypto in Sex, Drug Trafficking

January 29, 2019cashtechnews

The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex and drug trafficking. The United States House of Representatives has passed a bill to commission a study into how cryptocurrencies and online marketplaces can be used to facilitate sex […]

Iran: Central Bank Will Consider Expert Input Before Enacting Crypto Regulations

January 29, 2019cashtechnews

New draft regulations from Iran’s central bank suggest a ban on cryptocurrency payments could appear. Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29. The same day, the Central Bank of Iran reportedly uploaded plans for its approach to […]

Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency

January 28, 2019cashtechnews

How blockchain is helping to decentralize the energy industry. The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in […]

Belarus’ Largest Bank Considers Setting up Crypto Exchange, Says Chairman of Board

January 28, 2019cashtechnews

Belarus’ largest bank, Belarusbank, is considering setting up a cryptocurrency exchange, focusing on digitization in 2019. Belarusbank, the largest bank in Belarus, is considering setting up a crypto exchange, local information agency BelTA reports on Jan. 28. According to the bank’s chairman of the board Viktor Ananich, efforts are now being made to explore the […]

Tag: banking

Cowboys on the Block: Inside Wyoming’s Race for Crypto Prominence

Abra CEO: Crypto Firms’ Route to Remittances at Scale Will Be Complex but Successful

Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions

SWIFT CEO Reveals Plans to Integrate Blockchain Consortium R3 Tech

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

US Congress Passes Bill to Require Study of Crypto in Sex, Drug Trafficking

Iran: Central Bank Will Consider Expert Input Before Enacting Crypto Regulations

Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency

Belarus’ Largest Bank Considers Setting up Crypto Exchange, Says Chairman of Board

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