Following its report naming North Korea as the brain behind several crypto cyberattacks, the UN has now begun an official investigation into the illicit activity.
It has come to light that UK’s Pension and Welfare Agency is examining Blockchain and DLT technology as a possible substitute for the traditional payments methods.
In recent days, UK investors have been stunned to learn that Coinbase, an institution in crypto and investing communities, has decided to pull the plug on the service it offers to UK retail investors.
Japanese government to create a network similar to SWIFT, for international cryptocurrency payments. The Ministry of Finance and the Financial Services Agency will deploy this network to also tackle financial crimes.
From SWIFT they said that banks now know they cannot stand still. They need to adapt their own systems to support them. Only a seamless and open global value transfer system can enable that.
Ripple CEO, Brad Garlinghouse, revealed that a remittance company, which he wouldn’t disclose, has gained +800% in clients overnight because it recently began using Ripple’s technology. The main reason in this rise in the change in transaction fee.
Visa has launched its Visa B2B Connect network – a product developed alongside blockchain startup Chain. Visa B2B Connect will serve businesses seeking to make payments to 30 markets with 90 more corridors expected to be covered.
After a rumor broke out yesterday that a California-based crypto start-up Ripple has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Still, even the rumor was enough for XRP price 8% boost.
Ripple has made substantial success by launching a new office in Zurich, Switzerland. The main purpose for this is to sell XRP to institutional buyers.
Just few days after the completion of the Harmony IEO on Binance, the fintech company partners Chainlink in a bid to become a pioneer in the field of highly scalable networks.