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XRP Is Now A Kingdom (Banks Begging for XRP)

width=”560″ height=”314″ allowfullscreen=”allowfullscreen”> Bill Shakespeare once said, “The world is a stage”. Everyone wears their own mask and plays a version of the character they believe they are. We are currently in the third act in the ongoing lawsuit between the SEC and Ripple Labs. The investigation alone has been going on for two and… Read More

American Banking Association Releases Report On Digital Assets To Bankers

Last week, the American Bankers Association (ABA) released a report on digital assets for bankers that discusses everything from Bitcoin’s origins to different digital asset use cases, the various types of assets, technological foundations, and the industry that makes it all possible. The report also includes information on existing and emerging regulatory issues around cryptocurrency,… Read More

BULLISH: 70% Of U.S. Banks And Credit Unions Can Now Purchase Bitcoin For Customers Through NYDIG And Fiserv

650 U.S. banks will soon be able to offer Bitcoin to an estimated 24 million total customers through NCR and NYDIG. However, the bigger story lies in a partnership deal made earlier this month which enables Financial institutions of all sizes to buy and sell Bitcoin through their bank accounts through NYDIG and another service… Read More

Basil Committee Looks for more Crypto Rules to Protect Banks

The Basil Committee, a part of the international banking regulatory structure, just released a discussion paper that calls for more rules to govern how banks account for crypto holdings. The message appears to be that the Basil Committee sees banks holding more cryptos, and it wants to make sure that they are seen as a… Read More

Banking Institutions Are Adopting Blockchain

Major banking institutions are joining the banking blockchain development across the globe. Standard Chartered, a UK-based bank with more than half a trillion USD in assets, just announced that it will be joining the Enterprise Ethereum Alliance (EEA). Standard Chartered isn’t the first major bank to join the EEA, and there are many things happening… Read More

Big Banks Backing Hyperledger-Based Platform

HSBC Becomes First Bank to Secure Transaction via we.trade Global bank HSBC has become the first to use we.trade, a Hyperledger-based platform, to secure a commercial transaction. The we.trade platform is designed to facilitate commercial trade in the EU, and is backed by some of the world’s largest banks. Global Trade Review (GTR) reported that… Read More

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