Banking
Latest news of Banking Sector using Blockchain technology or cryptocurrencies in their department in various ways.
Central Bank of Myanmar Warn Against Crypto Trading
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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
The Philippines Approves Total of 10 Crypto Exchanges
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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 Recruiting To Build Cryptocurrency Team
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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
MUFG, a Japanese Bank to launch Blockchain based Payment system
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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
Nebraska Law Firm Accepts Crypto As Form of Payment
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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&
Iran Banks Launch Gold-Backed Cryptocurrency "PayMon"
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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
Indians Warned by the Police On Crypto Investments
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The Police of Jammu and Kashmir, India has issued an advisory warning to the public on crypto investments. The officials state that cryptocurrencies like Bitcoin have very high risks. According to a local Media, On January 2nd the police has warned the public regarding “heightened risk” of investing
Central Bank of Iran(CBI) is all set to launch its National Token
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With the completion of national cryptocurrency development, Iran’s government is all set to make it official throughout the nation. Per local media reports, this crypto token is backed by Rial and can be used in major financial sectors of the country. It’s evident that recently many
