Visa B2B Connect contains elements of Hyperledger technology in order to transfer more data on cross-border payments. United States’ payment giant Visa has launched a cross-border payment network derived from some aspects of blockchain technology, Reuters reports June 11. The network, called “Visa B2B Connect,” is designed to facilitate international payments made by global financial […]
Continue Reading
The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing. The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing and underscored that the Bangko Sentral ng Pilipinas (BSP) will continue to closely monitor their use in the country. The news was […]
Continue Reading
Aon will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a group of predominantly European insurers. Aon — a leading insurance broker that purports to occupy 50% of the crypto-insurance market — will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a panel of London insurers. The […]
Continue Reading
The Utility Settlement Coin (USC) project has the potential to disrupt the banking sector with crypto payments. On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality […]
Continue Reading
Ripple will officially announce the launch of a Brazilian office at an upcoming fintech event. Ripple, the firm behind third-biggest crypto by market cap XRP, has launched a Brazilian office with the aim to expand across Latin America, Cointelegraph Brazil reports on June 10. According to the report, the official announcement will be made at […]
Continue Reading
Crypto lobbying is growing, but it’s being led by “noncrypto” companies. Crypto is on the march, and not just in terms of market price. Not only does data indicate that the number of ID-verified users of cryptocurrency doubled over 2018, but there are various other metrics that suggest that adoption is gaining traction. As many as 84% […]
Continue Reading
sponsored A crypto exchange with more than 2 million users has launched apps for Android and iOS — and now plans to become a major player in the pan-Asian region. A crypto exchange that claims it has amassed more than 2 million registered users in the space of four months has released new apps for Android […]
Continue Reading
Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through. Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6. Citing people familiar with the plans, the publication added strength to existing suggestions from both within and outside the […]
Continue Reading
The Egyptian government is ready to overcome years of uncertainty on crypto, with new laws reportedly coming by the end of 2019. In the end of May 2019, the Central Bank of Egypt (CBE) announced that it is working on a draft law for crypto-related activities. When introduced, it will oblige financial institutions in the country […]
Continue Reading
Fintech startup SoFi — known for its online lending services — has seen three top executives depart from the company. Fintech startup SoFi — known for its online lending services — has seen three of its top executives depart from the company, the Wall Street Journal reports on June 4. As Cointelegraph reported at the […]
Continue Reading