Month: February 2020

The Dubai-based RAKBANK and BDO Unibank (a full-service universal bank in the Philippines) will be using Ripple’s payments ecosystem, to expedite remittances to the Philippines. RAKBANK Expands Remittance Services Through Ripple, BDO Partnership RAKBANK joined BDO, a full-service bank in the Philippines, to extend its activity in the region. The Dubai-based institution already has a
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Wilshire Phoenix, a New York-based asset management firm, has responded to the United States Securities and Exchange Commission (SEC) rejecting its proposed Bitcoin (BTC) exchange-traded fund (ETF). The firm states it is “very disappointed” by the SEC’s ruling, emphasizing that it went to great lengths to ensure compliance with the SEC’s expectations: “We made every
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#stellarbanner #brazil #ship A giant VLOC loaded with iron ore has run into trouble off the coast of Brazil. The Marshall Islands-flagged Stellar Banner, with a deadweight of 300,000 tonnes, was built in 2016 and is owned and operated by Polaris Shipping of South Korea. It is chartered by the Brazilian mining company Vale. All
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Your bank, no matter how neo or how challenger, can’t bank Bitcoin (BTC). They could bank blockchain companies, adding value and providing services for the space, which would be good for both the bank and the clients, but they are afraid of repercussions from regulators and their partners. Since many smaller banks use “correspondent banks,”
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users. A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex’s communications, said Friday. Comben told CoinDesk the exchange was “aware of
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At a press conference held on Feb. 21, a representative for the National Bank of Ukraine released the results of its much-hyped central bank digital currency project called the e-hryvnia. However, the banking institution is still not certain of the impact this financial offering will have on the country’s overall financial stability as well as
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The U.S. House of Representatives Committee on Small Business is set to discuss the benefits blockchain technology can bring to entrepreneurs. Slated for March 4 at 16:30 UTC, the “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will explore the ways in which some startups are utilizing blockchain technology to
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