#Goldman #Sachs is reportedly dropping #plans for a #cryptocurrency #trading #desk. The news, which broke late yesterday, sent #crypto prices further down, but in this bear market, you’d be excused for not noticing. The news, though dismissed or even spun into a good thing by crypto enthusiasts, can hardly be taken as a positive sign […]
Bank Innovation
#India’s central #bank’s decision to ban all #banks and entities that come under its authority did not go #well with the country’s #crypto traders/#investors. Many expressed their anger at the #Reserve Bank of India on social media platform under the hashtag #RBICantStopMe. One investor notes: Campaign against the preposterous decision by RBI to ban the […]
Bank Innovation
EXCLUSIVE–The potential use cases of #blockchain #technology in banking continue to captivate bankers, but topics like #cryptocurrency and Initial Coin Offerings, or #ICOs, may be losing a bit of their edge. This is according to a panel on the subject during Bank Innovation 2018, which wrapped up yesterday in San Francisco. Speakers on the panel, …Read More
Bank Innovation
The 16 registered #cryptocurrency #exchanges currently operating in Japan will soon form a self-regulating #body, #after a $ 530 million #heist of digital coins in the region led to investor concerns, Reuters reported today. The decision comes after hackers stole the above sum from Japan exchange Coincheck Inc in January 2018, raising questions regarding the regulation …Read More
Bank Innovation
EXCLUSIVE — #Cryptocurrency exchange #Coinbase and payment processor #Visa are blaming each other for reversed or duplicated cryptocurrency purchases with #credit and debit cards, it was reported today. Today’s news comes after multiple Coinbase customers raised concerns #over such transactions and additional fees, prompting Coinbase to respond with this statement claiming “a number of major credit card […]
Bank Innovation
#Coinsquare, a #Canadian #cryptocurrency #exchange, has raised $ 30 million in equity financing in order to help expand its growth, the company announced today. The money will be used for new hires and for the implementation of a “diversification strategy” for its platform focused on customer needs, the company stated today in a press release. The […]
Bank Innovation
EXCLUSIVE – #Cryptocurrency #exchange, #Poloniex is imposing a #verification process on all its account holders, but is also providing a great incentive for them to do so. The U.S.-based exchange said earlier this week that it would require all account holders (new and existing ones) to verify their identities through a know-your-customer (KYC) due diligence process […]
Bank Innovation
#Crypto #Finance, a virtual currency #investment #firm, today announced it closed a €13 million ($ 15.40 million) capital raise to fund an application for a #Swiss #banking #license. The company said it would use these funds to file for the license with Swiss Financial Market Supervisory Authority (FINMA), but did not specify a timeline. Based in […]
Bank Innovation
EXCLUSIVE—#SegWit2x, a controversial change to the #bitcoin #blockchain, will no longer happen, bitcoin holders and #cryptocurrency enthusiasts found out yesterday. Aside from the initial shock, bitcoiners seem to be #fine to wave goodbye to SegWit2x. Some even seem to be celebrating, at least according to Twitter: ?ALERT? Our wish has come true! #NO2X !!! The […]
Bank Innovation
Free stock-#trading app #Robinhood is exploring virtual currency trading on its platform, according to co-founder Vlad Tenev. “We are looking at it, a lot of customers have been interested and are requesting the feature [like this reedit user], so it’s definitely something we are taking a look at,” he said today during the Future of […]
Bank Innovation
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