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Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

April 24, 2019cashtechnews

Thailand’s largest commercial bank SCB and state oil company PTTEP have successfully tested blockchain use. Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its […]

Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

April 23, 2019cashtechnews

French specialized credit institution Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain. French specialized credit institution Societe Generale SFH issued a 100 million euro ($112 million) bond as a security token on the Ethereum (ETH) blockchain. The company announced the development on its website on […]

Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

April 23, 2019cashtechnews

Head of digital market assets at Credit Suisse, Emmanuel Aidoo, has said that bankers’ desire to keep the status quo is holding back the adoption of blockchain technology. Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the desire among financiers to maintain the status quo is holding back the adoption of […]

Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates

April 23, 2019cashtechnews

sponsored A mobile decentralized exchange says it is tackling three issues seen in its centralized rivals: the risk of hacking, high fees and price volatility. A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in […]

Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

April 21, 2019cashtechnews

FinCEN’s enforcement against a p2p crypto exchanger could set a precedent, and French instant mashed potatoes go blockchain. Top Stories This Week FinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency Exchanger In an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused […]

Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs

April 19, 2019cashtechnews

The Bank of Russia believes that CBDCs can reduce transaction costs in the economy and provide an asset that is less risky. The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18. In the document, entitled “Is there a […]

Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling

April 16, 2019cashtechnews

The exchange, like others in India, faces an ongoing stranglehold on operations by the central bank. Indian cryptocurrency exchange Unocoin has fired half its staff, leaving the company with 14 workers, Indian daily news outlet The Economic Times reported on April 16. Citing regulatory uncertainty in the industry, Unocoin said it had made the decision […]

Major Japanese Fintech Firm Halts Plans to Launch Crypto Exchange, Citing Bear Market

April 15, 2019cashtechnews

Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has resolved to halt its plans to launch a crypto asset exchange. Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has resolved to halt its plans to launch a crypto asset exchange. The development was […]

Japan’s SBI Holdings Invests in Local Crypto Exchange Applicant FXCoin

April 15, 2019cashtechnews

Japanese crypto startup FXCoin revealed it has completed a third-party allotment of shares with SBI Holdings, as part of its aim to launch a licensed crypto exchange. Japanese crypto startup FXCoin revealed it has completed a third-party allotment of shares with financial services giant SBI Holdings. The development, which contributes to FXCoin’s aim of launching […]

Facebook, Twitter and Telegram: A New Crypto Paradigm or a Glorified Voucher Program?

April 12, 2019cashtechnews

Facebook and Telegram’s launch of coins will be more of a game changer for social media and banking than for crypto. Facebook is controversial, if nothing else. The world’s fifth-biggest company by market cap, it’s also the biggest social network by a comfortable margin. Yet, despite the fact that most of us use it, we’ve become increasingly […]

Tag: status

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Societe Generale Subsidiary Issues 100 Million Euro Bond on Ethereum Blockchain

Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates

Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs

Unocoin Reduces Staff by 50% Ahead of Indian Supreme Court Cryptocurrency Ruling

Major Japanese Fintech Firm Halts Plans to Launch Crypto Exchange, Citing Bear Market

Japan’s SBI Holdings Invests in Local Crypto Exchange Applicant FXCoin

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