Germany’s Largest Bank joins JPMorgan’s Blockchain Network

The largest bank in Germany Deutsche bank, has joined JPMorgan’s Blockchain-based network; the interbank information Network (INN) The JPMorgan Blockchain initiative was launched bank in 2017 as a pilot, and has since attracted 320 banks which have all signed up…

Facebook’s Libra backed by Several National Currencies

In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…

Binance set to Launch Dollar Backed Stable Coin

Binance is set to launch a dollar backed stable coin in the United States according to reports. The new Binance stable coin will be known as the Binance USD (BUSD) according to an announcement made by the exchange. The new…

IMF Head: We Should be Open to Cryptocurrencies

Outgoing IMF Head Christine Lagarde, believes financial institutions such as Central banks and other financial bodies should remain vigilant in protecting consumer interests while at the same time being open to innovations like cryptocurrencies. The outgoing International Monetary Fund (IMF)…

Connecticut Police Arrest $15,000 Digital Currency thief

Connecticut police have a $15,000 digital currency thief in custody. In a bizarre and surprising tale of crypto theft, the mobile phone digital currency thief got caught after he mistakenly sent an apology email to a detective who was covering…

Germany Bank WEG Granted Crypto License in Estonia

German Bank WEG just obtained a crypto trading and custody license in Estonia that will see them handle crypto transactions The bank revealed this in a tweet on Aug 25 while also revealing its plans to secure a similar license…

Brazil Bank Adopts IMF Guidelines for Crypto Classification

The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…

Santander to Introduce Ripple-powered payment Service in Latin America

Spanish banking giant Santander group, is expanding its use of Ripple’s technology. The bank is reportedly putting in place a “payment corridor” that would let customers in Latin America send money to the U.S instantly for free via One Pay…

Goldman Sachs analysis: Its a Good Time to Buy Bitcoin

If you have been shaking in your boots over the latest BTC market price pullback, there is cause for relief. This is because some Market Intel from Goldman Sachs suggests investors should capitalize on the current price dip and place…

Anthony Pompliano: Singapore Could Become first Country to Embrace Bitcoin

Cofounder of Morgan Creek Digital Anthony Pompliano also known as Pomp in the Twitter streets has lauded Singapore’s stance on crypto. Speaking on CNBC’S Squawk Box on Monday, he said that Singapore’s proactive stance on crypto could leave the rest…