The Reserve Bank of Zimbabwe has ordered all financial institutions in the country to stop engaging in all cryptocurrency transactions immediately. In a circular issued to institutions, the regulator…
Tag: financial
What is Bytom (BTM)? | Tokenizing Real-World Assets
What is Bytom? Bytom is a blockchain protocol for financial and digital asset applications. Using the Bytom protocol, individuals and enterprises alike can register and exchange not just digital…
Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill – CoinDesk
Banking and financial services giants HSBC and ING have completed a trade finance transaction for agri-food trading company Cargill using a single blockchain system. Claimed as a world first,…
The Impact of Upcoming Cryptocurrencies on the Financial Industry
Upcoming Cryptocurrencies are Causing a Financial Evolution In 2009, Satoshi Nakamoto created Bitcoin partly in response to the 2008 financial collapse. He envisioned a purely peer-to-peer financial system in which…
The lies spread by bankers about cryptocurrencies
I had a chat with The Financial Times the other day, and provided lots of background as to why I don’t think cryptocurrencies are the choice of criminals. The comment that…
Coinbase Receives E-Money License For Fiat Activities From UK, Its ‘Biggest Market’
Crypto exchange and wallet service Coinbase has received an e-money license from the UK Financial Conduct Authority (FCA), according to a blog post by Coinbase UK CEO Zeeshan Feroz…
CFTC Ex-Chair: Crypto ‘Bubble’ Won’t Burst Without Set Regulations To Bring In Big Money
Former chairman Jim Newsome of the US financial regulator the Commodity Futures Trading Commission (CFTC) predicted that the alleged cryptocurrency “bubble” will not burst soon, Forbes reported on March…
McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector
North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified…
SWIFT’s Blockchain Pilot For Bank-To-Bank Transfers Went ‘Extremely Well’
A report by the financial messaging provider SWIFT and 34 global transaction banks that sought to answer the question of how distributed ledger technology (DLT) (Blockchain) Proof of Concept…
Japanese Financial Regulator Issues ‘Punishment Notices’ For 7 Crypto Exchanges
The Japanese Financial Services Agency (FSA) has sent “punishment notices” to seven crypto exchanges and temporarily halted the activities of two more after a round of inspections prompted by…
