Archivos de etiquetas: Banking

Instituciones financieras en una carrera: ¿quién traerá el intercambio de criptomonedas a las masas de Fiat primero?

Instituciones financieras en una carrera: ¿quién traerá el intercambio de criptomonedas a las masas de Fiat primero?

Análisis
El 12 de septiembre de 2017 pasará a la infamia cuando se hable de las relaciones entre las instituciones financieras fiduciarias tradicionales y sus puntos de vista sobre la criptomoneda. Fue el día en que el CEO de JP Morgan, Jamie Dimon, llamó a el Bitcoin un 'fraude'.
Mucho ha sucedido en el espacio financiero y cripto en los ocho meses posteriores a ese evento, especialmente en términos de instituciones bancarias y la percepción de Wall Street de el Bitcoin y criptomoned..

Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased

Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased

A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
A Global Study Global payment service provider Worldcore reportedly conducted a study of its customers to find out cryptocurrency usage among Visa, Mastercard, and Unionpay users. The company has approximately 300,000 customers in total.
“The purpose of the study was to determine the willingness of people to deal with digital currencies with the help of bank cards,” Russian outlet Innov.ru described, adding that the study was conducted between March and April. “The study involved more than 10,000 people from 47 countries,” Finam reported. In addition, “data on the EU countries (28 countries) and CIS [Commonwealth of Independent States] countries (12 countries) were combined,” the news outlet noted, quoting the Worl..

Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet

Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet

A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading.
Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange
Rabobank Investigates the Idea of Introducing a Cryptocurrency Wallet to Its Online Banking Environment This week the Dutch institution, Rabobank, the second-largest bank in the Netherlands in terms of total assets revealed it may introduce a cryptocurrency wallet called “Rabobit.” The wallet idea is one of 22 concepts introduced in Rabobank’s internal Moonshot acceleration program. At the moment the idea is to host a cryptocurrency wallet that’s tethered to the company’s online banking environment. Rabobank says right now company employees are researching the benefits and risks tied to implementing a digital currency wallet..

Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’

Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’

This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries.
Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten
‘Bitcoin-Friendly’ Bank Raises $114 Million in Private Placement Silvergate Bank is a financial institution that has bolstered bitcoin-based companies for quite some time. Silvergate was known for providing banking services to crypto-startups when other banks refused to work with those types of companies. According to the company, the bank has a relationship with fifteen cryptocurrency-focused businesses, and in April of last year, Silvergate collaborated with the blockchain surveillance company Elliptic. Moreover, back in 2014 the president and CEO of Silvergate Bank, Alan Lane..

Spokesperson Confirms Bitfinex Is Client of ING

Spokesperson Confirms Bitfinex Is Client of ING

Major Dutch financial services company, ING, has confirmed that Bitfinex holds an account with the company in the Netherlands. The bank issued a statement regarding its relationship with Bitfinex after Dutch-language website Follow the Money published a report revealing that ING is providing financial services to Bitfinex last week.
Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether
ING Confirms Relationship With Bitfinex Harold Reusken, an ING spokesperson, has confirmed via email that Bitfinex holds an account with the bank in the Netherlands. Mr. Reusken did not comment when asked if ING also provides services to other companies associated with Bitfinex.
Mr. Reusken indicated that ING is typically willing to work with “companies that are in the value chain of cryptocurrencies,” rather than “companies that are in traditional markets and receive or do payments with cryptocurrencies.” The spokeperson said “With regards to companies that are active in the..

PR: World Blockchain Forum Brings Global Blockchain Elite to Dubai

PR: World Blockchain Forum Brings Global Blockchain Elite to Dubai

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Dubai, UAE
Following the historic response to sister event The North American Bitcoin Conference, held in Miami earlier this year, Keynote has released details of their World Blockchain Forum in Dubai, 16th and 17th April.
Known as a global centre for innovation and investment opportunity, Dubai provides an inspirational backdrop for the 3rd annual World Blockchain Forum. Visionary leaders, economic pioneers and enterprising investors from around the world will come together for one of the most exclusive events on the global blockchain calendar.
As the longest-running crypto-technology conference in Dubai, WBF will delve into the innovative possibilities of blockchain technology, t..

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges.
Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies
Exchanges Undeterred by Regulations South Korean regulator talking about the real-name system. A number of new cryptocurrency exchanges are opening in South Korea despite regulatory uncertainty and the inability to accept fiat deposits. The challenge comes from the new system, enforced on January 30, which requires cryptocurrency traders to use real-name accounts to deposit money for trading at crypto exchanges.
While six major banks have the ability to service cryptocurrency accounts, they “have been converting only existing virtual accounts to real-name accounts for four la..