Latest news of Banking Sector using Blockchain technology or cryptocurrencies in their department in various ways.
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 in cryptocurrency....
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 countries throughout...
HSBC, British Banking organization has recently performed a blockchain payment in India. This transaction involved two companies Reliance industries and Tricon Energy. According to Times of India, This blockchain payment took place between parties one is the 2nd largest business in India, Reliance Industries and other is a US-based firm...
A Cryptocurrency Loan Firm, Genesis Global Trading has traded $550 Million in the first six months of this year 2018. According to the report, published by Genesis to provide insight into Q3 financial information. The firm started its loan operations since March and until now they have an immeasurable growth...
Fidelity Investments, one of the largest financial service provider in the world has launched a new crypto trading platform. This will make it easier for institutional investors such as hedge funds and family offices to enter in the crypto-based trading area. As per reports, the platform is known as Fidelity...
Singapore has been enthusiastic in terms of cryptocurrency and blockchain technology. The Central bank is supporting the cryptocurrency industry by providing domestic banking services. This initiative is done to grow the cryptocurrency industry in the country. Ravi Menon, Managing Director of Monetary Institute of Singapore (MAS) in an interview with...
