New means of producing money have often resulted in new ways of giving it generously. With cryptocurrencies being worth more than all US dollars in circulation, holders must decide what…
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US banking giant JPMorgan Chase has partnered with Siemens to develop a blockchain system for the German industrial group’s payments, in what the two companies said was a first-of-its-kind application.…
- All Alt Coin
SEC Chairman Admits that Bitcoin Poses Competition to US Banking System
by Mikiby MikiSpeaking of other crypto projects, Gary Gensler said that these projects need to be under the regulatory realm by providing clear and straightforward information. Gary Gensler, the chairman of the…
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Bitcoin has proven to be a long-term play which means nations can no longer ignore the impact of the cryptocurrency on the economy. One way that nations have responded to…
- Bitcoin
Australia Likely to Make Cryptocurrencies Key Part of Country’s Financial System
by Mikiby MikiAustralia is all keen on letting cryptocurrencies become an inherent part of the country’s financial system. Jane Hume, the Minister for the Digital Economy recently made positive comments in favor…
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Algorand COO Sean Ford recently claimed in an interview that ALGO has “bulletproof” technology with “zero downtime” in the last two years. Algorand is a layer-1 solution for interoperability and…
- Blockchain
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
by Mikiby MikiThe Financial Stability Board (FSB), a G20-backed think tank, has cited the duo of government-issued Central Bank Digital Currencies (CBDCs) and stablecoins as key drivers in pursuing a better cross-border…
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CEO of financial services company Square Jack Dorsey could take another step further into expanding the Bitcoin ecosystem. Via his Twitter account, Dorsey announced that the company is currently “considering”…
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Ripple (XRP) SWIFT Takes Swipe At Ripple With A Cheaper Cross-border Payment System Global messaging network SWIFT has introduced a new service aimed at offering low-value, cross-border payments. SWIFT GO…
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Last month, the Brussels-based utility called the Society for Worldwide Interbank Financial Telecommunication (Swift) announced that six global banks had embraced its plan to upgrade cross-border payment systems. So far,…