Tag Archives: Bank

[ad_1] The Reserve Bank of India (RBI) has stated that cryptocurrencies do not currently pose a threat to financial stability in its recent financial report published on 28 December. The document entitled "Report on trends and progress of the banking sector in India 2017-18" reads: "[C]rypto resources currently do not …

[ad_2][ad_1] / Ultima / 2019/01 / Pakistani-bank-partner-with-Alipay-to-launch-based-remittance of payments blockchain-platform / The Pakistani bank is working with Alipay to launch the Blockchain-based remittance payment platform Pakistani-bank-partner-with-Alipay-to-launch-blockchain – platform-based remittance-payments Telenor Microfinance Bank, a subsidiary in Pakistan of the Norwegian telecommunications multinational, the Telenor Group, has introduced a blockchain-based cross-border payment …

[ad_1] A team that includes representatives of the Bank of Israel has issued a formal request for information on Distributed Ledger Technology (DLT), published on its website on 18 December. The request – whose objective is, as named, the "Regulatory Coordination of Virtual Goods" – states that "regulators of the …

[ad_2][ad_1] The founder of Litecoin Charlie Lee published today on Reddit, 17 July, to clarify his position within the Litecoin Foundation and the future of the Foundation following the acquisition of an interest in the German bank WEG Bank AG . In his post, Lee mentioned the bank's ability to …

[ad_2][ad_1] The Bank of Canada (BoC) is working on a new and innovative concept for a bank – a proof-of-concept approach. Two other industries, the private sector and the academic world, are helping to achieve its goal. Together, they will establish a new financial technology that presents an underlying blockchain …

[ad_2][ad_1] Banco Santander states that the Ripple One Pay FX-based payment app offers its customers the ability to send cross-border transactions at much higher speeds than their competitors. At the Santander international conference in Madrid, executive president Ana Botín stressed the performance of the new mobile payments app, which works …

[ad_1] The Reserve Bank of India (RBI) is pausing its plans to issue a digital currency, according to the Indian business line Hindu Business Line on January 1. The Indian central bank had originally announced its intentions to consider a digital currency of the central bank (CBDC) in April of …

[ad_2][ad_1] A Canadian bank says its digital safe is ready for the early evening. VersaBank announced on Thursday that its new VersaVault project successfully completed beta tests. The digital only bank plans to offer the virtual lockbox to cryptocurrency grants and encrypted investment funds to store digital assets. VersaBank's investor …

[ad_2][ad_1] Euro Exim Bank, a London-based bank primarily focused on providing financial services to export and import companies, will become the first bank to publicly announce that it is using the XRP cryptocurrency for cross-border payments. Ripple announced on Tuesday that Euro Exim Bank, together with JNFX, SendFriend, Transpaygo and …

[ad_2][ad_1] Economics and regulation An excessive number of regulatory agencies are interfering with the prospects of successful cryptocurrency development in Ukraine, according to a high-ranking representative of the country's central bank. What the sector needs instead are regulations and appropriate laws that allow it to grow, the banker insists. Read …