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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

Central Bank of Myanmar Warn Against Crypto Trading
Members Public

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

Jake Hill
Jake Hill
Banking
The Philippines Approves Total of 10 Crypto Exchanges

The Philippines Approves Total of 10 Crypto Exchanges
Members Public

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

Jake Hill
Jake Hill
Banking
VISA Recruiting To Build Cryptocurrency Team

VISA Recruiting To Build Cryptocurrency Team
Members Public

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

Jake Hill
Jake Hill
Banking
MUFG, a Japanese Bank to launch Blockchain based Payment system

MUFG, a Japanese Bank to launch Blockchain based Payment system
Members Public

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

Pooja
Pooja
Banking
Nebraska Law Firm Accepts Crypto As Form of Payment

Nebraska Law Firm Accepts Crypto As Form of Payment
Members Public

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&

Jake Hill
Jake Hill
Banking
Iran Banks Launch Gold-Backed Cryptocurrency "PayMon"

Iran Banks Launch Gold-Backed Cryptocurrency "PayMon"
Members Public

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

Rohnak
Rohnak
Banking
Indians Warned by the Police On Crypto Investments

Indians Warned by the Police On Crypto Investments
Members Public

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

Rohnak
Rohnak
Banking
Central Bank of Iran(CBI) is all set to launch its National Token

Central Bank of Iran(CBI) is all set to launch its National Token
Members Public

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

Pooja
Pooja
Banking