Cryptocurrency Analysis and News Portal
China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the PBoC alongside China’s market regulator, the State Administration for Market Regulation (SAMR), jointly released a set of documents
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73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study.“CBDC will substitute much more easily for cash”According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global
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Exciting times for XRP investors, we appear to be gearing up to a bull run to eclipse 2017, acceleration of the Ripple movement is gaining pace rapidly. A total of 1.5 billion XRP moved yesterday from private wallets on Bitstamp to bank-grade class 3 cold storage vaults protected by 100 million
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The State Bank of India has announced the need to regulate the country’s cryptocurrency market. Rajnish Kumar, State Bank of India’s chairman claims that crypto regulation will help tackle the illegal use of cryptocurrency in the country.The government of India affirmed the progress of a new legislation earlier this year
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If you are invested in XRP or simply interested in Ripple and its vision then the event of the year is exactly ten days away and the excitement builds daily.The day before last year’s SWELL we wrote a blog suggesting Ripple could announce xRapid (now ODL) was live, we shared
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The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru
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ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain.On Oct. 23, ING’s distributed ledger technology team presented its white paper, called “Solutions for the Corda security and privacy trade-off: having your cake and eating it,”
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Global credit card giant Mastercard has announced a major partnership with PNC Bank who is using and developing RippleNet software for their client’s needs. The new partners intend to develop Payment on Delivery, a trial system that allows businesses to pay suppliers in real-time for goods received. PNC has been at the
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American multinational investment bank and financial services company, Bank of America, has silently tested Ripple’s blockchain to incorporate distributed ledger technology (DLT) in its banking and other financial services.This might be the boldest step towards blockchain adoption as Bank of America is one of the largest and most distinguished banks
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Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how people spend their money. The aim of the proposed currency would be to mitigate the “direct threat” posed by cryptocurrencies to the economic sovereignty of governments and central
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