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Investment Bank Société Générale Pushes for Crypto-Based Businesses Integration

Investment Bank Société Générale Push for Crypto-Based Businesses

In a recent tweet, French multinational investment bank Société Générale S.A. (SocGen) factored in ‘integration’ as a crucial competitive benchmark for European banking and its financial system. « La compétitivité du système bancaire et financier européen dépendra d’une meilleure intégration. Nous avons besoin d’acteurs européens compétitifs par rapport aux autres acteurs américains et asiatiques. » @LBiniSmaghi #FutureOfEurope @europlace pic.twitter.com/I6jvQ6NZ0H — …


Nordic Bank Nordea Opens Blockchain Platform to SMEs

Nordic Bank Nordea Opens Blockchain Platform to SMEs

Nordic banking institution Nordea has now widened access to its blockchain-based trading platform we.trade by allowing small and medium-sized enterprises (SME) to use it. Its Global Head of Trade and Finance and Working Capital Management, Patrik Zekkar, said that this should help in reducing the “trust deficits” in cross-border trade, seeing that more than half of SMEs are forced to …


JPMorgan Coin Gets Blockchain Reboot

JPMorgan Coin Gets Blockchain Reboot

A report today claims that JPMorgan Chase has rebooted the underling blockchain of it its prototype cryptocurrency, JPM Coin, following six month long efforts from technologists in London, Singapore, and the US. JP Morgan’s private version of the Ethereum blockchain, Quorum, has had an overhaul of its privacy features in an effort to make the technology suitable for use by …


Turkey on Its Own Bitcoin Bull Run With Europe’s Highest per Capita Hodler Rate

Turkey On Its Own Bitcoin Bull Run With Europe’s Highest Per Capita Hodler Rate

Recent data has recorded a huge increase in Turkish investors in the cryptocurrency space during recent weeks. With a backdrop of weak Turkish Lira and an ongoing political wrangle with the US over procurement of a Russian made missile defense system, 2018 has seen a 28% depreciation of the Turkish currency. There is a winner here nonetheless, and it looks …


Is There a Future for the Crypto City

Is There a Future For The Crypto City

With Bitcoin seemingly on the march again, news of yet another smart city planned for construction stirs up the debate; can self-regulating crypto cities become a future reality if cryptocurrencies surpass cash and credit, or must they continue to share the same space. Autonomous and self-regulating crypto environments aren’t simply a pipedream, if not a reality they are becoming the …


Singapore, Canada Central Banks Conduct First Cross Border Blockchain Digital Currency Exchange

Singapore, Canada Central Banks Conduct First Cross Border Blockchain Digital Currency Exchange

The Monetary Authority of Singapore (MAS) and the Bank of Canada have set the trend becoming the first central banks to use DLT for a digital cross border payment. MAS linked up with its Canadian counterpart Project Jasper via its own pilot payment network Project UBin in a cooperative attempt to lower the cost of cross-border payments via blockchain, and …


Mike Novogratz Toughs Out Crypto Winter with ‘Spring Just About Here’

Mike Novogratz Toughs Out Crypto Winter with 'Spring Just About Here'

CEO of the cryptocurrency merchant bank, Galaxy Digital, Mike Novogratz has recently talked about his 2018 losses which forced him to close his Vancouver office. With losses reaching USD 273 million he has declared the sold called Crypto Winter as finally drawing to a close, comparing aspects of it to a bloody war and Q4 to an episode of a …


John McAfee Launches Visa Bitcoin Debit Card

Antitrust Watchdog Investigates Brazil Banks for Restricting Fintech Firms (1)

The ubiquitous John McAfee, needing no introduction to crypto converts, is never far from the news and his latest piece of that is a McAfee crypto debit card. The card, naturally adorned with the cryptocurrency entrepreneur’s photo, just so users know exactly who created it, has been issued by Visa, and will enable users to use their crypto for purchases …


Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

With the clock ticking on Britain’s much-debated exit from membership of the EU and all that means if a decision is finally agreed by September, where will this leave the UK in European Crypto Space? In a position of strength, or cut-off from its legislative support on the other side of the channel? Well, no man is an island, according …


Romanian National Bank: Crypto Won’t Fulfill Basic Roles of Currency

Romanian National Bank_ Crypto Won’t Fulfill Basic Roles of Currency

“Cryptocurrencies won’t replace the currency issued by central banks,” says an official of the Romanian National Bank, Daniel Daianu, as reported by news outlet Business Review. In a conference on Tuesday, Daianu who was more pro digital currencies issued by central bank than decentralized currencies emphatically talked about the important roles of state-backed institutions such as the banks and other …


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