According to local news sources, the European Union has ratified new anti-money laundering(AML) legislation, including  cryptocurrency. According to Spanish news source La Vanguardia, the month we passed the European Union formally approved the legislation approved by the European Parliament. The new rules included in the legislation will be published in the official journal of...
Currently the fifth largest bank in the world, Japan’s Mitsubishi UFJ Financial Group (MUFG ) is planning to do trials with its own cryptocurrency as early as 2019. NHK, a local news source in Japan, reports that the testing of the currency, a.k.a  MUFG Coin, may include 100,000 account holders. The initial plan of MUFG was to launch a cryptocurrency in...
The European Parliament issued a statement about Blockchain. Parliament, said that they think Blockchain could be very important for small businesses. The Parliament's Research and Energy committee notes that Blockchain will play a major role for small businesses, as it will speed up the process and speed up the extra cost...
Software developer Kx Systems' white-label forex trading platform Kx for Flow will now also be able to trade crypto money. Kx for Flow customers will now be able to conduct trade for crypto money such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple. US-based Kx Systems is a company that supplies...
The cryptocurrency market now consists of hundreds of different coins. It is getting pretty crowded. Also, the investors are diversified as well. As a result, even if it is a Bitcoin Fork, you cannot say with 100% guarantee that it will continue to rise to newer highs. We will...
According to reports in the Nordic press; The Norwegian National Bank claimed that Norges Bank could issue its own digital currency to support nominal money and increase confidence in its treasury policies. It is said that Norges Bank is starting to work to raise the central bank-supported digital currency; the field studies related...
He Yi , co-founder of the Binance crypto money exchange, denied the fictional claims of a Chinese financial technology news source that Binance had launched the so-called "Genesis Plan" scheme. According to the news Wednesday (May 16th) that the QQ News-based news source had uncovered the truth, Binance's so-called plan was to set up its own country, powered by BlockChain, on...
The Fin Telecommunication giant Nokia has announced a partnership with the Blockchain data platform Streamr  and California- based software company OSlsoft to enable mobile customers to convert their user data into money and buy products with them. Nokia-Streamr-OSlsoft Partnership CEO Henri Pihkala made this partnership announcement Wednesday during the Consensus 2018 conference. In addition to this announcement, Henri Pihkala has also launched a real-time data market project that...
It is a known fact that many of the Fintech companies are eating into the market share of MasterCard as well as Visa. That is why, in order to ensure that they are not losing market share, MasterCard recently launched the service related to the Fintech industry. Moreover, the...
The cryptocurrency market continues to stand out in the financial world. But even so, the question of when the Wall Street banks will start cryptocurrency trading is wondering. According to former JP Morgan manager, it may be close to that day as we think. Big Banks Coming Soon to Cryptocurrency Trading Former JP Morgan employee Amber Baldet , in an interview with CNBC...