BBVA Bank Will Spearhead EU’s Blockchain Initiative
By next year, EU’s executive body, the European Commission, plans to launch a new blockchain association comprising of top banking institutions. Spanish banking behemoth, BBVA, is the first of...
Tag: banks
TransferWise Pulls Away From Blockchain
Fintech startup TransferWise revealed that it plans to stay away from Ripple and blockchain. However, it might reconsider its decision if more banks start using them to facilitate
SWIFT Disconnects Iranian Banks From Its Network
The US sanctions on Iran are coming to bear. In particular, the sanctions came into effect on November 10. As a result, SWIFT disconnected Iranian banks from its network in an effort to stay in good...
Bank of America Secures Patent To Keep Crypto Keys Safer
On Tuesday, the U.S. Patent and Trademark office awarded Bank of America (BoA) a patent to protect crypto private keys. So, with the “hardened storage device,” cryptocurrency users can store their...
Swiss Banking Association (SBA) Opens Door For Crypto Corporate Accounts
The blockchain space is showing signs of maturity. Clearly, the market has undergone various corrections, especially the cryptocurrency sector. However, banks are still unwilling to allow corporate...
Cryptocurrency Versus Fiat Money: Pros And Cons
Can you imagine the 21st century without digital currency? Without a doubt, cryptocurrency could be the revolutionary technology of this generation. It has really challenged the world’s...
Wyoming Picks Up The Regulatory Slack
The cryptocurrency scene is yet to find definitive means of operation, both in terms of regulations and market fundamentals. This is stemming from the fact that the market is still in a regulatory
Is The Auditing Ecosystem Adopting Blockchain?
As the talks about blockchain technology continue, an important question that many enthusiasts have always asked is, “How far have the accounting and auditing firms adopted the technology?” In this...
Ripple’s Innovations Likely To Amplify XRP Performance
When the news broke that Ripple Labs was about to launch a new product, there was great excitement among the community members. The news didn’t just throw the community into excitement, it also propelled...
Ethereum Co-founder Doubts Tether Shenanigans
Accusations are raging that Tether (USDT) is manipulating prices. However, the top industry leader and Ethereum co-founder,