Five Japanese banks have collaborated to launch a financial services infrastructure based on distributed ledger technology (DLT), the finance platform confirmed in a press release on March 1. Bank of Iwate, Bank of Yokohama,…
Tag: global Bitcoin market
From Stablecoins to Blockchain Trials: Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market
The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank…
Australian Financial Regulator Trials Blockchain to Automate Funds Transfer Instructions
The Australian Transaction Reports and Analysis Centre (Austrac) is trialing a blockchain prototype for the automation of funds transfer instructions, business tech news site ZDNet reported on Feb. 24. Austrac — a government financial intelligence…
South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents
South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) — has announced that it has filed 46 patent applications for business models related to blockchain, business technology news website ZDNet reports on Feb….
Bitcoin Could Experience a Resurgence of Interest on Wall Street: JPMorgan Strategist
JPMorgan’s Global Market Strategist Nikolaos Panigirtzoglou says that Bitcoin (BTC) could make a resurgence on Wall Street, according to an article published by CNBC on Feb 6. “The stability that we are seeing…
Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions
Iran is reportedly negotiating with eight countries to carry out financial transactions in cryptocurrency, local daily newspaper Tehran Times reports on Monday, Jan. 28. According to the article, Iran has already entered…
Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech
The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8. Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou…
Bitcoin vs. Traditional Assets: How Does Crypto’s 10-Year Performance Sync Up?
Bitcoin has been among the most fascinating tradable assets to watch over the last year. From reaching dazzling new heights to its most recent tumble to fresh one-year lows,…
Iran Declares Telegram Crypto Aspirations an Act Against National Security
The Iranian government has taken further steps against Telegram’s cryptocurrency development, the Tehran Times reports Dec. 31. Secretary of the Criminal Content Definition Task Force Javad Javidnia has declared…
Op Ed: Bitcoin Is a Declaration of Our Monetary Independence
Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013,…
