Covid-19 Forces Germany into Recession; Over 100 Banks Charging Negative Interest Rates
According to an announcement made late last week by the Statistisches Bundesamt, as COVID-19 forces Germany into recession, with the ...
Tag: Banks
Abu Dhabi Islamic Bank to use Blockchain Technology for Trade Distribution
UAE-based Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, announced on Wednesday that it had completed trade finance distribution transactions ...
Banking Closure in Venezuela Drives Bitcoin Trading Amid COVID-19 Pandemic
Following the spread of coronavirus across the world, President Maduro has ordered national quarantine in Venezuela. Only 33 cases of ...
Wells Fargo to Settle $35 Million with the SEC as Questions are Raised Against Crypto
Several officials in mainstream finance have repeatedly attacked the cryptocurrency industry for being too volatile and ' prone to scams. ...
Standard Chartered Digs Its Heels Into Blockchain With Contour Partnership
The barrier for entry for mainstream companies to enter the cryptocurrency space has always been high due to the regulatory ...
Elliptic Helping Banks Analyse Crypto Transactions with its New Product
Crypto compliance startup Elliptic has launched a new product called Elliptic Discovery which aims to help banks and financial institutions ...
HSBC in the eye of the storm as bank decides to cancel protest-related accounts in Hong Kong
The fundamental human right to protest has resulted in mass movements that have overthrown governments and changed the course of ...
Canada’s major bank decides to step into blockchain and cryptocurrency to explore new avenues
Mainstream institutions jumping on the cryptocurrency bandwagon has become a norm as most of them have realized the benefits of ...
Ripple Swell: Crypto organization rushes full steam ahead with RippleNet Home reveal
The past week has seen multiple updates from Ripple and XRP due to the ongoing Swell Conference 2019. The gathering ...
Ripple’s cross border mission continues to flourish as IndusInd Bank gives it a boost
Ripple has always committed to creating partnerships in the cross border payments sector, and recently Indusland Bank, a leading Indian ...
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