In 2019, the Russian central bank plans to transfer country-specific version of the SWIFT application, which are called SPFS payments, to the blockchain in 2019.
To Use Blockchain to Initiate Blockchain Swift
One of the local news source, Izvestiya, reported on May 4 that a source close to the Bank of Russia is on the verge of deciding how to interpret...
Recently, there has been a mobility and a sudden increase in the volume of cryptocurrency trading in India. Despite the decision of the Indian Central Bank (RBI) in April 2018 to ban cryptocurrencies, the rise continues to take place. Cryptocurrency holders believe the market will continue to expand even after RBI's ban will...
Cryptocurrency exchange giant Huobi is planning to extent its services to Canada. Huobi will open a new office in Toronto which will create a new foothold in the North American market.
Based in Singapore, the firm announced that it will enter the country despite the hostile attitude of the domestic banks in Canada.
Ross Zhang, General Manager of Huobi Canada,...
Charlie Shrem, founder of Bitcoin Foundation, announced that May 2018 is Bitcoin’s last period which it will be worth less than $10,000.
Although a previous research has pointed to the beginning of the "hodl" period of Bitcoin's long-running trends, this week was the scene of some of the most precise signals that market trading could soon begin.
In an interview with the New...
PricewaterhouseCoopers, known as PwC, bought a small stock in a Chinese-based cryptocurrency, VeChain. Currently, Vechain’s estimated market value is $2.7 billion.
PwC Hong Kong and Singapore announced that as part of a larger strategic alliance, they have decided to purchase an ownership interest in VeChain. It was mainly because of...
Axel Weber, the chairman of UBS, said they are not providing any services to customers for trading Bitcoin or other cryptocurrencies in general. Weeber also said in a conversation in Switzerland that cryptocurrencies are “often not transparent” and they can be exploited, therefore, there should be tighter legal controls over...
Kevin Warsh, former governor of the US Federal Reserve Bank, thinks that a possible 'FedCoin' production, which will transfer legal actions to a digital coin, should be seriously considered.
Kevin Warsh managed the Fed from 2006 until 2011. When Trump administration appointed Jerome Powell to the Fed, Warsh was among the ambitious candidates. Warsh said...
In an interview with Yahoo Finance, Warren Buffett, an American investor and Berkshire Hathaway's CEO, once again underestimated cryptocurrencies. In the interview, Buffett stated:
“If you buy something like a farm, an apartment house, or interest in a business…it’s a perfectly satisfactory investment. You look at the investment itself to deliver...
Christopher Slowe, the CTO of the platform Reddit, talked about the no-acceptance of crypto-money on the platform on May 2nd. Slowe, showed "high transaction fees" as Reddit's refusing Bitcoin payments, and after that gave some clues that crypto money could go back to Reddit.
Slowe, who gave an interview to Cheddar, said that...
The place where the crypto money is covering in our lives continues to grow day by day. So much so that Bitcoin and other crypto-money have already begun to be used in many places where reputation has passed and has worked. Some of these are ATMs, credit cards and other financial products.
In...
