Latest news of Banking Sector using Blockchain technology or cryptocurrencies in their department in various ways.
Central Bank of Myanmar(CBM) has announced that they don’t recognize cryptocurrency as official currency. CBM warns the financial institutions do not accept or transact using cryptocurrency. According to mmtimes, Crypto traders in Myanmar have been purchasing cryptocurrency using an online payment method. This is growing as the crypto...
The Philippines central bank has approved a total of 10 crypto exchanges. And Union Bank of the Philippines (UBP) has launched its first crypto ATM machine. According to manilatimes, THE Bangko Sentral ng Pilipinas (BSP) is a central bank which has approved 3 more crypto exchanges to run in the...
VISA, an American multinational financial service firm is recruiting staff with cryptocurrency expertise. They are building a team that is specialized in cryptocurrency and blockchain technology. According to a Job Posted in smartrecruiters, VISA is hiring a “Technical Product Manager” for Palo Alto, CA, USA location. The job requirements for...
The world-renowned Mitsubishi UFJ Financial Group (MUFG) – a Japanese based bank located in Tokyo, made a recent announcement of launching Blockchain based payment system by 2020 In fact this is world’s fifth largest bank in terms of assets whic is entering a partnership with US based tech firm Akamai...
A law firm in Kearney, Nebraska in the US has been allowing its customers to pay in form of cryptocurrency. According to Local news media, Bruner Frank Schumacher, L.L.C is a law firm situated in Kearney, Nebraska is now accepting cryptocurrency as payment. The firm says that it’...
A Gold-based Cryptocurrency “PayMon” has been launched in Iran by four Iranian banks. As per the report of Financial Tribune, Four Iranian banks have joined together and launched a cryptocurrency called “PayMon”. Bank Melli Iran, Bank Mellat, Parsian Bank and Bank Pasargad are working with startup Kuknos firm for the...
