In a recent blog by Ripple, they spoke about legacy banking systems and how to replace them. Ripple’s new innovative and disruptive financial solutions have gone mostly unnoticed in terms of visibility in the financial sector. The pervasiveness of legacy banking systems and non-bank financial institutions has led to a general…
Posts published in “Cryptocurrency”
Cryptocurrency market valuation to hit $1 trillion this year. The market cap of cryptocurrency seems to just increase. Even though some of the individual ones are falling but cumulatively, the market cap seems to increase year-on-year. According to the CEO of Kraken, Jesse Powell, in the rest of the months…
The company Odyssey Group will install in the territory of Argentina 4000 crypto-ATMs. This became possible after the Central Bank of the country allowed to place ATMs not only in banks. Before, only two local companies worked in the Argentine ATM market: Banelco and Link. The new rules made it…
Over the next 2-3 months, Ethereum will implement the Casper hybrid protocol, which will combine the parameters of the Proof-Of-Work and Proof-Of-Stake consensus algorithms. During the conference Edcon, the founder of the platform Vitalik Buterin told about the upcoming update and the system of rewarding the steakers. We emphasize that…
As you know, the oldest bank of the UK Barclays is one of the world’s largest financial conglomerates with a wide representation in Europe, the United States and Asia. All financial operations of the conglomerate are carried out through a subsidiary bank of Barclays Bank PLC, which ranks second among…
China is still at the stage of developing the state digital currency, the head of the state research center of China told reporters. According to Zhang Yifeng, head of China Banknote Blockchain Research Center, China is still working on the creation of a national digital currency, but the timing of…
China’s central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency. According to an announcement Thursday, People’s Bank of China (PBoC) has outlined its agenda for the coming year during a conference call focused on monetary development. While…
The head of the Chinese Central bank, Gan said that the cryptocurrency is money that has no borders. According to the official, the cryptocurrency is adrenaline for crypto investors. Digital assets are of great interest to Chinese society, as it gives full freedom to enter the financial market. Also,…
New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to make it past studies and commissions and into the hands of the legislative branch.…