BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App

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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Swiss Crypto Bank Warns Customers About Company Masquerading as Partner

Switzerland-based online crypto bank Dukascopy has warned clients about a “clone” company GCG Asia claiming to be affiliated with the bank. Switzerland-based cryptocurrency bank Dukascopy has warned customers that forex trading company GCG Asia is fraudulently claiming to be the bank’s authorized firm in an announcement published on Feb. 27. In the announcement, Dukascopy Bank […]

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HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for forex trade settlement by a quarter. London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14. According to Mark Williamson — chief operating officer of forex cash trading […]

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Blockchain’s Main Strengths Are Transparency and Instantaneity: HSBC Exec

Béatrice Collot, Head of Global Trade at HSBC, said that transparency and instantaneity are two central strengths of blockchain. Transparency and instantaneity are the main strengths of blockchain technology, an HSBC executive claimed in an interview with French business and tech journal L’Usine Digitale, Feb. 4. Béatrice Collot, Head of Global Trade and Receivable Finance […]

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

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 […]

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Italian Securities Regulator CONSOB Adds Crypto Company Togacoin to Scam Blacklist

The Italian securities regulator has added crypto company Togacoin to its scam blacklist. The Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has added crypto company Togacoin to its scam blacklist on Jan. 28. The regulator released its warning against Togacoin alongside similar warnings concerning binary options company Smart Choice Zone […]

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Crypto Exchange Bitstamp Announces Partnership with Major Swiss Online Bank

Europe’s oldest crypto exchange Bitstamp has partnered with major Swiss online bank Dukascopy to allow its customers to exchange Bitcoin to U.S. dollars. European cryptocurrency exchange Bitstamp has announced a partnership with major Swiss online bank Dukascopy, according to an announcement published on Friday, Jan. 25. Bitstamp will support Bitcoin (BTC) transactions on behalf of […]

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