In February 2017, it was announced that 2 banks and 3 money transfer companies from 4 countries (India, Singapore, Brazil and Canada) will use the Ripple platform to make real-time international payments.
Coinone, a South Korean -based cryptocurrency exchange, has recently announced that it will use Ripple’s blockchain network to carry out cross-border transactions.
Coinone Transfer, which...
Viewing the changing landscape of the financial world, the Taiwan’s regulatory and other government agencies are intending to take the leap in this technology by launching a dedicated agency, providing various funding schemes and collaborating with the market participants.
In February 2015, the FSC (Financial Supervisory Commission) took the initiative...
Consumers in Japan could soon find relief in doing domestic payments in the Asian country.
According to reports, Ripple is partnering with some Japanese banks to launch 'MoneyTap' a smart phone application that will enable consumer to make instant domestic payments via a bank account, phone number, or QR code.
Sources...
The government after economic analysis expects a growth of about 3.8% in the country's GDP.
Innovation and comprehensive technology advancement have been planned for, and the country has earmarked more than HK$ 50 billion ($6.4 billion) as stated by Paul Chan the country's Financial Secretary
The Public health...
Fintech industry Highlights: Fintech as an innovation is driving the future of financial industry. It emerged as a missing link between the conventional financial services and a future world of finance. However, it is pertinent to delve into history in order to understand the emergence of these financial and technological...
According to a report by the Bangkok Post on May 13th, a new royal decree was issued for crypto money registrations in Thailand . The hundred-part law issued by the Royal Gazette in the country describes crypto money as "digital assets and digital tokens" and places these assets under the jurisdiction of the Thai Securities Commission (SEC).
According...
