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Altcoin News
Ripple Executive Says Asia Has ‘Biggest Appetite’
At a recent conference, Dan Morgan, an executive with Ripple, says Asia has the “biggest appetite” in terms of demand for XRP. 2018 has been a brutal year for cryptocurrencies....
Tag: banks
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Altcoin NewsIMF’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. As more and more government...
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FinTechAnd 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 rigged prices in the expanding...
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Altcoin NewsSWIFT Denies Ripple Integration Rumors
SWIFT, the interbank financial messaging system, quashed the rumors of its integrating with Ripple. Speculation Led to XRP Price Jump The Society for Worldwide Interbank Financial Telecommunication (SWIFT) network has...
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Blockchain InfrastructureSingapore to Help Cryptocurrency Businesses Set Up Local Bank Accounts
In a new development attesting Singapore’s increasing acceptance of cryptocurrencies, the city-state’s Monetary Authority revealed that it’s willing to assist digital currency companies with setting up local bank accounts. ...
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Blockchain TechnologyBank Lenders Turn to Blockchain to Stay in Competition with Fintechs
Fintech companies are threatening traditional banks to such an extent that banks are now embracing the blockchain to offer low-cost services. Introducing the Blockchain to Remain Relevant U.K.-based bank HSBC...
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Altcoin NewsCrypto Firms One-up Banks in Race for Hong Kong Office Space
Hong Kong is one of the financial centers of the world. Numerous banks have set up shop in the region, as have cryptocurrency firms. A new trend is emerging where...
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Altcoin NewsLithuania Enjoying Cryptocurrency Boom as EU Banks Fret
Lithuania has rolled out the welcome mat for cryptocurrency ventures, resulting in a financial boom. However, EU central banks continue to fret over the disruptive influence of virtual currencies. Ever...
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Bitcoin NewsMad Money Host Claims Bitcoin and the Blockchain Are Impacting Bank Stocks
The host of CNBC’s Mad Money, Jim Cramer, has said that technologies such as Bitcoin and PayPal are putting pressure on bank stocks despite the Federal Reserve announcing a rise...