The expansion of the cryptocurrency money supply is about to continue. Governments across the globe may be divided on how best to respond to the disruptive nature of cryptocurrencies such…
Category:
Money
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In the beginning of the cryptocurrency universe, there was Bitcoin, which was created in August of 2009. At the time, many proponents saw it as an eventual competitor to the…
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China has instituted a payment versus payment (PVP) system for Chinese yuan and Russian ruble transactions in an effort to lower risks and enhance the efficiency of its foreign exchange…
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Advanced mobile technologies are the future – and that future is now, according to a new study from Citigroup. “Today’s consumers are banking every day and everywhere on their mobile…
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Cryptocurrencies such as Bitcoin and Ethereum have been both lauded and criticized recently. However, the one thing everyone can agree on is that the technology behind these cryptocurrencies, called “blockchain,”…
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Russia will likely move forward to oversee the issuance and circulation of cryptocurrencies in the country after President Vladimir Putin made the decision during a meeting with top officials earlier…
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A new financial technology, or “fintech,” survey from Blumberg Capital, an early-stage venture capital firm in San Francisco, found big banks can leverage existing customer loyalty to introduce new technologies…
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In another sign of an impending burst of the bubble economy, the International Monetary Fund (IMF) has warned of an increasing amount of financial leverage outside the banking system. Total…
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Toronto-based Royal Bank of Canada is reportedly tinkering around with distributed ledger technology (DLT) to see if it can facilitate cross-border payment transfers with its branches in the United States.…
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US bank regulators such as the Office of the Comptroller of the Currency are open to considering whether cryptocurrency-oriented financial technology companies – fintechs – should be permitted into the…