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Cryptocurrency companies have grown heavily over the last three years. Unfortunately, many regulators and financial enterprises don’t see them in the same category as banks or traditional payment processing ventures....
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With Facebook entering the cryptocurrency arena, many banks are worried that their days are numbered. Facebook Coin Is Scaring Traditional Banks Facebook Coin – or Libra as it’s called –...
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Germany doesn’t appear to like crypto all that much. Will Crypto Negatively Affect the Financial Markets? In a recent statement, Deutsche Bandesbank president Jens Weidmann commented that bitcoin and other...
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It seems banks either still don’t trust (or don’t fully appreciate) cryptocurrency just yet. Rabobank Isn’t That Big a Fan of Crypto Recently, Dutch financial institution Rabobank has cancelled the...
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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....
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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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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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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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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. ...