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Dutch banking giant ABN AMRO is pilot-testing BTC wallet

Dutch bank ABN AMRO has announced a pilot program of 500 clients in which it will be managing bitcoins on their behalf. The move...

South African authorities will start tracking crypto transactions in 2019

On January 16, the South African Reserve Bank (SARB) has published a consultation paper containing the plans for regulating cryptocurrency sphere in general and...

HSBC settled FX deals worth $250 billion on blockchain in 2018

Global banking giant HSBC revealed that it has settled Forex trades worth $250 billion in 2018, suggesting that the earlier hesitant financial sector is...

National Bank of Kuwait has implemented a blockchain-based international remittance system

The National Bank of Kuwait (NBK) announced the launch of NBK Direct Remit – a system allowing for real-time international remittances. According to the...

First official crypto business-oriented bank will open in Malta

First fully legal bank that will be servicing crypto companies is about to open in Malta. Malta-based firm RnF Finance Limited has already applied...

French Parliament recommends allocating €500 million to blockchain sector in the...

The latest parliamentary report demonstrates France’s determination to go all in crypto. Signed by the representatives of several parties across the political spectrum, the...

China Telecom partnered with Industrial Bank to develop crypto apps

China Telecom Corporation signed a strategic cooperation agreement with Industrial Bank (China) – one of the largest banks in the country. The partnership is...

Kuwait plans to launch national payment system and digital currency

The Central Bank of Kuwait (CBK) plans to launch a national payment system. It will comprise various elements including electronic banking system, wages protection...

Galaxy Digital suffers financial losses against the background of continuing bear...

Galaxy Digital Holdings, a cryptocurrency merchant bank owned by billionaire Mike Novogratz, reported a loss of $76.65 million in Q3 2018 alone. The reason...

Malaysia plans to enact cryptocurrency and ICO regulation in 2019

Cryptocurrency and ICO regulation will come into force early next year in Malaysia, as reported today by local media sources. According to the country’s finance...

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