The London Stock Stock Exchange Group has led a $20 million investment round in the startup behind the world’s reportedly first crypto-denominated, blockchain-settled bond. The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of […]
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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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Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19. […]
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A financial services subsidiary of leading South Korean automobile manufacturer Hyundai has partnered with IBM. Hyundai Commercial — a financial services subsidiary of leading South Korean automobile manufacturer Hyundai — has announced a partnership with American tech giant IBM to modernize its business model using blockchain. The news was announced on Feb. 13 at IBM’s […]
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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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IBM strikes a deal with one of the largest banks in Europe, Santander, to provide the financial institution with innovative technologies, such as blockchain and AI. One of Europe’s largest banks, Banco Santander, and tech giant IBM have announced an agreement to accelerate the bank’s development of technologies such as blockchain. The news was announced […]
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As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year. Happy Chinese New Year! As the Year of the Yellow Mountain Dog has drawn to a close, it is time to look back at what happened. While there was a promising start in […]
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A look into the crypto part of Forbes’ fresh “Fintech 50” list Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field. Given that the […]
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Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
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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 […]
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