Alibaba Offshoot Trials First Blockchain Remittance to Philippines, Plans Global Expansion

  Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom....
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Bahamas Central Bank to Launch Pilot Digital Currency

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency , Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the developme...
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204 Hits

Bank of England to Rebuild Settlement System to Interface with Blockchain Platforms

The Bank of England is planning to rebuild its Real Time Gross Settlement (RTGS) system so that it can interface with private business and platforms using distributed ledger technology (DLT), the bank's Governor Mark Carney announced in a speech June 21. Speaking at Mansion House in London, Carney said that the bank will conduct an "ambitious rebui...
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198 Hits

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

  Charles Hoskinson, co-founder of altcoin Cardano (ADA), tweeted June 20 that the entry of Wall Street into the crypto sector will bring in "tens of trillions of dollars:" Cardano, which is currently ranked 8th on Coinmarketcap , has a market cap of around $3.5 billion. Charles Hoskinson was also one of the founding members of Ethereum (ETH),...
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228 Hits

Walmart Awarded Patent for Blockchain-Based Medical Records System

  U.S. retail giant Walmart has been awarded a patent for a system that would store medical records on a blockchain from a wearable device, according to a patent filing published by the U.S. Patent and Trademark Office. The system, according to the document, will allow medical professionals to retrieve medical data from a patient that is unabl...
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250 Hits

Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi

Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (...
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346 Hits

Spain: BBVA Bank and Energy Co. Repsol Partner to Develop Blockchain Financial Solutions

  Major Spanish banking group BBVA and Spanish energy company Repsol have signed an agreement to develop blockchain -based solutions for corporate banking, according to an announcement published June 20. The product by BBVA and Repsol was developed using multiple different blockchain technologies, namely Hyperledger and the Ethereum test netwo...
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281 Hits

Stanford Univ. Launches Blockchain Research Center, Supported by Ethereum Foundation

  Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering's website posted yesterday, June 20. The university reportedly established the center in order to examine how blockchain technology can transform traditional business interactions, according to their official announceme...
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354 Hits

France Opens ‘First’ Blockchain Accelerator in Europe With 30 Participants

France became host to Europe's first blockchain accelerator as Paris moves to become the "capital of ICOs ," Finance Magnates reports Monday, June 18. Chain Accelerator, a joint scheme involving around thirty cryptocurrency and finance entities and professionals, aims to offer mentoring to international blockchain startups. Among the list of partic...
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Cryptocurrency prices check

Top 100 Crypto Currencies
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Circle’s CEO Allaire: Every World Currency Will Soon Have a Digital Version

  The CEO of fintech firm Circle claims that every world currency will one day have their own digital version. Jeremy Allaire spoke to CNBC in an interview today about the inevitability of a crypto dollar, yen, and euro in the future. Allaire: "All Fiat Currency Will be Crypto" Jeremy Allaire spoke in no uncertain terms about the likelihood of...
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252 Hits

Payments Firm Square Receives BitLicense from New York

  Digital payments firm Square has received a BitLicense from regulators in the state of New York. The company announced Monday that the New York Department of Financial Services granted the license. Square first indicated back in March that it had submitted paperwork to receive a BitLicense, a move later confirmed by a spokesperson. "DFS is p...
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224 Hits

Etoro Is Launching an OTC Crypto Trading Desk for Institutions

  While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End to 51% A...
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223 Hits

Why Coinbase Added Ethereum Classic Ahead of Ripple & Other Tokens

Coinbase, the biggest cryptocurrency exchange, brokerage, and wallet based in the US, integrated Ethereum Classic on June 12 ahead of other major cryptocurrencies such as Ripple and EOS. The community was taken aback by the abrupt decision of Coinbase to add ETC to its platform, given that it is the 18th most valuable cryptocurrency in the global m...
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309 Hits

Is A Bitcoin ETF Finally Getting Closer To Approval?

  ETF providers hope to have cracked regulators' code for creating the first exchange traded product backed by Bitcoin — but it's going to cost you. Van Eck Associates and SolidX Partners on June 6 filed a request to list a Bitcoin-linked ETP to the U.S. Securities and Exchange Commission. The fund will be physically backed, which means it wil...
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312 Hits

Circle CEO at MoneyConf Dublin: 'We Are at the Beginning of Tokenization of Everything'

  Crypto and fintech conference MoneyConf in Dublin, Ireland continues today, June 13th, with a live-stream from Cointelegraph available to watch here . Jeremy Allaire, Co-Founder & CEO of payments company Circle spoke this morning of an unprecedented "crypto-revolution," saying that global society is "at the beginning of a tokenization of...
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224 Hits

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

  Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year's World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat. Also re...
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285 Hits

New Trade Organization to Promote Blockchain Established in Switzerland

  A new organization called the Capital Markets and Technology Association (CMTA) has been formed in Switzerland in order to facilitate the use of blockchain technology in financial markets, according to a press release published June 12. The CMTA was established in Geneva by Swiss leader in online banking Swissquote, market software provider ...
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Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. Russian telecom company MegaFon, Gazprombank, government corporation Rostec, and the USM Group have created a joint venture – referred to as ...
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289 Hits

Six German Banks Have Been Trading Bitcoin for Some Time

An interesting connection between traditional finance and cryptocurrency has become apparent over the past few months. In Germany, various financial institutions are trading Bitcoin despite the lack of regulation. That is a surprising development, and an interesting one to keep an eye on. German Banks Embrace Bitcoin It has become rather apparent t...
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285 Hits