Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away
Blockchain
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Blockchain
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Russia: Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away

btcethereumadmin - November 15, 2018

The head of major Russian bank Sberbank says blockchain technology will be adopted globally on an industrial scale in 1-2 years. The head of major state-owned Russian…

Malaysian Lending Giant CIMB Joins Ripple’s Cross-Border Payment Network
Bitcoin
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Bitcoin
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Malaysian Lending Giant CIMB Joins Ripple’s Cross-Border Payment Network

btcethereumadmin - November 15, 2018

Malaysian lending giant CIMB Group Holdings Bhd. has signed on to use Ripple’s xCurrent technology for expediting cross-border payments. Malaysian lending giant CIMB Group Holdings Bhd has…

Malaysian MP Urges Gov’t to Create Regulations Before Approving Political Funding Coin
Altcoin
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Altcoin
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Malaysian MP Urges Gov’t to Create Regulations Before Approving Political Funding Coin

btcethereumadmin - November 15, 2018

A Malaysian MP has urged the government to wait and develop appropriate regulation before approving the political Harapan Coin cryptocurrency project. A Malaysian Member of Parliament has…

$5 Trln FX Settlement Giant CLS to Launch Blockchain-Based Netting Service ‘Within Days’
Blockchain
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Blockchain
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$5 Trln FX Settlement Giant CLS to Launch Blockchain-Based Netting Service ‘Within Days’

btcethereumadmin - November 14, 2018

Forex exchange settlement giant CLS will launch its IBM blockchain-powered netting service within “a matter of days.” Forex exchange (FX) settlement giant CLS will launch its IBM…

IBM Exec: CBDCs Can Alleviate Risks That Contributed to 2008 Financial Crash
Blockchain
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Blockchain
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IBM Exec: CBDCs Can Alleviate Risks That Contributed to 2008 Financial Crash

btcethereumadmin - November 14, 2018

The CTO of IBM Blockchain for Financial Services has said that CBDCs can help mitigate the risks that contributed to the 2008 financial crash. Stanley Yong, global…

Bank of America Wins Patent for Storing Clients’ Crypto Holdings in Enterprise Accounts
Blockchain
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Blockchain
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Bank of America Wins Patent for Storing Clients’ Crypto Holdings in Enterprise Accounts

btcethereumadmin - November 14, 2018

The Bank of America has won a patent for a system for enterprises to store customers’ crypto deposits. The Bank of America (BoA) has won a patent…

Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange
Bitcoin
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Bitcoin
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Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange

btcethereumadmin - November 14, 2018

An Ontario Superior Court Judge has ruled with the Canadian Imperial Bank of Commerce in a dispute with Canada’s largest crypto exchange regarding frozen funds. A $19.6…

Digital Bank Revolut Surpasses 3 Million Customers
Crypto News
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Crypto News
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Digital Bank Revolut Surpasses 3 Million Customers

btcethereumadmin - November 13, 2018

U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional…

Russia: Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain
Blockchain
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Blockchain
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Russia: Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain

btcethereumadmin - November 13, 2018

The Russian branch of Raiffeisen Bank partners with major oil industry company, Gazprom Neft, and others to issue a bank guarantee via blockchain. The Russian subsidiary of…

Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance
Blockchain
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Blockchain
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Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance

btcethereumadmin - November 13, 2018

The Commonwealth Bank of Australia and a government-run digital innovation center have successfully trialled a blockchain-powered “smart money” system for disability insurance. The Commonwealth Bank of Australia…