Traditional finance seems to be penetrating the crypto space. After Visa and JP Morgan, Mastercard is now starting to build on the blockchain after teaming up with Stellar. Token.io works with Mastercard Token.io Limited revealed that they had been chosen by Mastercard – which processes 3.4bn transaction…
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Traders in the cryptocurrency space are less than happy with regulators in Indonesia after news surfaced about Bitcoin brokers now needed more than $70 million launch futures trading. In October 2018, new regulations came into effect but trading platforms that want to offer cryptocurrency based instruments can…
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Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account. The company claims that this service is a solution to banks closing accounts of crypto…
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Cryptocurrency adoption cannot happen until cryptocurrency becomes the norm and until currencies like Ethereum have a real use, in the real world. Adoption will be impossible to achieve if we continue to use cryptocurrency behind closed doors, it’s more than just an investment and therefore, the mainstream…
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Binance, the world’s leading cryptocurrency exchange by volume, is also doing great in terms of profitability, its chief financial officer told CNBC. The statement follows one of the most extended bear phases in the cryptocurrency market, during which the industry lost almost one-third of its valuation. The…
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JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every…
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The worldwide payment platform and foreign exchange operator, Finablr is based in the United Arab Emirates and has recently joined Ripple’s RippleNet blockchain network according to a press release posted yesterday (February 11th). Finablr’s network brands, UAE Exchange and payment platform Unimoni will use the blockchain-based platform…
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In this edition of The Daily we cover recent remarks from the new Chair of the Financial Stability Board (FSB), a spat between Wikileaks and Craig S. Wright (CSW), and the latest update about the upcoming institutional crypto platform Bakkt. Also Read: In the Daily: BCH Charity…
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In its latest report, BitMEX research tries to answer the question of “When is the next global financial crisis going to happen?” In this report, [...] The post BitMEX Research On Next Global Crisis: Retail Banking & Payment System Unlikely to be Under Threat appeared first on…
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HSBC Holdings is one of the major financial conglomerates of the world and the largest bank of Great Britain in terms of assets and market capitalization. In 2018, HSBC made it into the Forbes rating of the biggest public companies of the world. The financial institution provides…
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