The expansion of the cryptocurrency money supply is about to continue. Governments across the globe may be divided on how best to respond to the disruptive nature of cryptocurrencies such …
Money
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In the beginning of the cryptocurrency universe, there was Bitcoin, which was created in August of 2009. At the time, many proponents saw it as an eventual competitor to the …
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China has instituted a payment versus payment (PVP) system for Chinese yuan and Russian ruble transactions in an effort to lower risks and enhance the efficiency of its foreign exchange …
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Advanced mobile technologies are the future – and that future is now, according to a new study from Citigroup. “Today’s consumers are banking every day and everywhere on their mobile …
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Cryptocurrencies such as Bitcoin and Ethereum have been both lauded and criticized recently. However, the one thing everyone can agree on is that the technology behind these cryptocurrencies, called “blockchain,” …
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Russia will likely move forward to oversee the issuance and circulation of cryptocurrencies in the country after President Vladimir Putin made the decision during a meeting with top officials earlier …
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A new financial technology, or “fintech,” survey from Blumberg Capital, an early-stage venture capital firm in San Francisco, found big banks can leverage existing customer loyalty to introduce new technologies …
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In another sign of an impending burst of the bubble economy, the International Monetary Fund (IMF) has warned of an increasing amount of financial leverage outside the banking system. Total …
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Toronto-based Royal Bank of Canada is reportedly tinkering around with distributed ledger technology (DLT) to see if it can facilitate cross-border payment transfers with its branches in the United States. …
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US bank regulators such as the Office of the Comptroller of the Currency are open to considering whether cryptocurrency-oriented financial technology companies – fintechs – should be permitted into the …