What China’s Cashless Revolution Can Teach the West About Crypto

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cash appears to be disappearing from China’s teeming cities. Foreign tourists talk of struggling to […]

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Caitlin Long on Crafting Positive Cryptocurrency Regulations

Note: This is part 2 in a multi-part interview series with Caitlin Long, a 22-year Wall Street veteran who formerly led Morgan Stanley’s Pension Solutions Group. Long, an ardent blockchain advocate, has been critical of Wall Street’s corrupt banking practices, which she fears institutions will integrate into their cryptocurrency products and services. Read part 1 here. Part […]

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How I Lost My Faith in Private Blockchains

Angus Champion de Crespigny is an advisor to various companies and projects on bitcoin, cryptocurrency and identity infrastructure. He spent 11 years at EY, with the last four consulting on blockchain and crypto assets until his departure in August. Since 2015, while there has been a myriad of permissioned blockchain announcements from enterprises, questions have […]

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German Fintech Startup Will Let You Hold Bitcoin in Your Bank Account

German blockchain banking service Bitwala is set to launch the first-ever platform that will enable the management of both euro deposits and bitcoin funds within the same bank account. This system is planned to kick off by November with an estimated 30,000 customers who have already signed up for the service. The biggest initial investor […]

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Samsung Launches Blockchain Certification Platform for Korea’s Banks

Samsung, under its IT arm Samsung SDS Co., has unveiled its blockchain based platform, BankSign, to allow people to make transactions at different banks more easily. The Korea Federation of Banks (KFB) launched BankSign in June as a way to allow domestic retail banks to strengthen their verification systems by digitizing both mobile and online […]

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Samsung Looks to Streamline Banking With Blockchain Tool

Samsung SDS, a subsidiary of South Korea’s tech conglomerate, has developed a blockchain-based certification platform for South Korean banks, it announced Monday. Developed in collaboration with the Korea Federation of Banks, a new platform called BankSign is said to make interactions between different banks’ mobile systems seamless. Users can carry out transactions on different apps, […]

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Americas’ Oldest Central Bank Partners Bitcoin Startup to Explore Digital Currency

The Central Bank of Curacao and Sint Maarten (CBCS) has announced a partnership with blockchain technology firm Bitt aimed at exploring the issuance of a digital currency for Curacao and Sint Maarten island nations. Per the chief executive of Bitt, Rawdon Adams, a digital currency will be especially relevant to the two countries, which are […]

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Russian Treasurers Association Joins Masterchain Banking Pilot

The Russian Association of Corporate Treasurers is joining the nation’s central bank in trialing the government-run Masterchain blockchain platform, the group announced last week. The association is testing Masterchain to facilitate communications within the national banking system, according to the Masterchain white paper. This would mark the latest move to use the platform to replace […]

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We’re ‘Looking into’ Cryptocurrencies: JPMorgan Co-President

Join our community of 10 000 traders on Hacked.com for just $39 per month. Multinational investment banking JPMorgan is “looking into” cryptocurrencies, company co-president Daniel Pinto said. Pinto made this revelation during a wide-ranging interview with CNBC, explaining that although the firm is not optimistic about cryptocurrency in its current incarnation, it believes this technology […]

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Crypto Exchange Binance is More Profitable than Germany’s Biggest Bank

Join our community of 10 000 traders on Hacked.com for just $39 per month. This year, in the first quarter of 2018, Deutsche Bank, Germany’s biggest bank and one of Europe’s leading financial institutions, recorded a profit of $146 million. Binance, the world’s biggest cryptocurrency exchange, recorded a profit of $200 million. Binance Vs. Deutsche […]

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