7 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026

New German Law Might Allow Banks to Store, Trade Crypto

Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country's banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal...

, by Jaroslaw Adamowski

Cryptoworld Votes BTC after Bank of America Axes Ex PayPal CFO Account

Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon. First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief Financial Officer (CFO),...

, by Sead Fadilpašić

Google Joins New Banking Race, Stressing Bitcoin’s Importance

"Every tech company wants to be a bank, and eventually, a central bank." "Bitcoin and gold have never been more important in monetary history."The financial world, where cryptocurrencies are trying to change the rules, is becoming even more interesting and dynamic. After social media giant...

, by Sead Fadilpašić

Payments is the Main Battleground for Banks Amid Bitcoin Rise

A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their...

, by Sead Fadilpašić

A Startling Prediction, Revisited: New Banking Revolution Based on DLT

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. ___________One year ago, we made a startling prediction: That today’s...

, by Juan M. Villaverde

Four Japanese Banks Invest in Ripple-powered SBI App

Financial group SBI has announced that four major Japanese banks have invested in its cashless remittance app, the Ripple-powered MoneyTap app for smartphones.Per an official release, SBI says that Awa Bank, Kita-Nippon Bank, Daisan Bank and a fourth, as-yet-unnamed bank have become shareholders...

, by Tim Alper

Ripple in ‘Multiple’ M&A Talks, Plans 100 New Contracts in 2019

Ripple, a California-based major blockchain startup focusing on the banking sector, is in talks over "multiple" potential investments and acquisitions, CEO Brad Garlinghouse confirmed.In an interview with Yahoo Finance UK on Friday, the CEO said that, when it comes to the areas Ripple is interested...

, by Sead Fadilpašić

Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain

A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations.In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment solution...

, by Tim Alper

Even Fed Is Not Happy with the Current Payments System

As Bitcoin and other cryptocurrency projects are already forcing banking incumbents to work more efficiently, the Federal Reserve, the central bank in the U.S., is reportedly “seriously considering” to develop a new and faster payments system for domestic use in the U.S., a recent...

, by Fredrik Vold

Libra Won’t Help the Billions of Unbanked People

When Facebook unveiled its new digital currency libra, it explicitly said the initiative was intended to address the problems faced by the world’s unbanked: the 1.7 billion people without a bank account. As well as facing inconvenience, these people generally pay over the odds for financial...

, by Kamini Gupta

SWIFT’s Moves and EU Banks Target Ripple Business

Ripple, a California-based blockchain startup focusing on the banking sector, may be about to see competition in their field heat up even more, as the incumbents in the payments industry are doing more to defend their piece of the pie.According to a new report dubbed Payments: Looking to the...

, by Fredrik Vold

Visa Launches Long-awaited Blockchain Product for Business Clients

Payment card giant Visa launched their long anticipated international digital identity system based on blockchain architecture, Visa B2B Connect today. The company claims it will allow financial institutions to quickly process high-value corporate cross-border payments globally.According to the...

, by Linas Kmieliauskas

Financial Giants Backed Utility Settlement Coin Coming in 2020

In the relentless effort to utilize the blockchain technology, the new company called Fnality International, a brainchild of 14 major financial firms, is estimated to become operational in 2020. The company will be in control of a blockchain-powered digital cash system and of a token called...

, by Sead Fadilpašić

S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’

South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans.The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping...

, by Tim Alper

What is Decentralized Finance and What’s It Good For?

"We can imagine a financial industry with an entirely new infrastructure running on smart contract-based protocols." Current users will for the moment need to be careful when using DeFi.DeFi, or decentralized finance, is one of the biggest things in the blockchain and cryptocurrency industry right...

, by Simon Chandler

Why SWIFT Believes It’s Catching Up with Ripple in the Race for Speed

"SWIFT gpi payments are typically made within minutes or even seconds." SWIFT gpi is carrying over USD 300 billion a day in 148 currencies across more than 1,100 country corridors.SWIFT says it isn't scared of blockchain. Yes, despite all the articles proclaiming that the likes of Ripple would...

, by Simon Chandler

# Financial Services (Page 7)

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