Category: FinTech
IMF’s Christine Lagarde Encourages Banks to Explore State-Backed Virtual Currencies
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, recently expressed her positive views on the creation of virtual currencies issued by central banks.…
Industry Experts in Detroit Discuss Crypto Adoption and Blockchain Opportunities
A recent event held in the U.S. city of Detroit shows that many industry professionals believe in the power of cryptocurrencies and blockchain technology but…
X8 AG Headed for the Middle East After Earning Islamic Certification
Swiss financial technology company X8 AG has garnered certification from Islamic scholars for its cryptocurrency. The firm says it’s planning to extend its business into…
Spain’s BBVA Bank, Red Electrica Settle $170 Million Syndicated Loan on Blockchain
In a world first, the Spanish bank has executed a €150 million ($170 million) syndicated loan deal with Red Electrica Corporation using the firm’s blockchain…
And They Say Crypto is Criminal! Investors Sue 16 Big Banks Over Alleged Foreign Exchange Market Manipulation
Mega investing firms like BlackRock Inc and Allianz SE’s Pacific Investment Management Co. are suing 16 major financial establishments over allegations that the banks had…
Security Token Offerings (STO) Platform iSTOX Receives ‘Key Investments’ from SGX, Temasek
Singapore Stock Exchange and the government-owned Temasek have invested in a blockchain platform that will connect investors with firms offering security tokens. ICHX Tech Secures…
- Blockchain Infrastructure, Blockchain Technology, Emerging Bitcoin Adoption, FinTech, Industry and Adoption
HSBC Facilitates India’s First Blockchain Trade Finance Transaction
HSBC recently facilitated India’s first blockchain trade finance transaction. This development reinforces the narrative that despite the negative stance towards cryptocurrency in India, there is…
Platform Develops Global Regulations and Gains Support of Coinbase and Circle
Global Digital Finance (GDF) has partnered with a range of well-known platforms in the crypto industry to create, and encourage the adoption of, a clear…
HTC to Launch New Blockchain-Based Smartphone to Give Users Their Own Private Keys
HTC has unveiled its first blockchain-based smartphone, which, notably, can only be purchased with cryptocurrency. Venturing into a New Market Exodus 1 is the name…
