Crypto Gets Seal Of Approval From US Politicians And British Monetary Associa...
Recent research indicates that crypto currencies can enhance the traditional banking system. This is because people can swap the current settlement infrastructure with digital currency. Some participants in the cross-border payment processing sector view blockchain and cryptocurrencies as remittance-enhancing solutions. According to a study by the International Association of Money Transfer Networks, the blockchain technology […]
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As the Ripple community braces for the major ruling on the key judgement on the Hinman 2018 documents, Ripple Labs has scored another victory as presiding judge Analisa Torres denied the SEC’s petition to seal its objection to Amici participation. According to a tweet posted by defense lawyer James Filan, Torres has rejected the SEC’s request to seal the case […]
Blythe Masters has been ranked #46 in Bloomberg's List of Most Influential People in Finance. She is the only representative of the FinTech industry in this list. List dominated by politicians. The list of 50 most influential people in the world of finance is dominated by politicians. 5 out of the top 6 spots are occupied by politicians of major nations – Theresa May (#1, PM of UK), Donald Trump (#2, US Presidential candidate), Hillary Clinton (#2, US Presidential Candidate), Xi Jinping (#4, Chinese President) and Angela Merkel (#6, Chancellor of Germany) Apart from politicians, central....
For its refusal to serve customers in the Palestinian territories, British politicians including those from the Labour, Conservative and Scottish National parties, have joined a US campaign group and hundreds of Palestinian nationals to call for their access to PayPal. In a motion tabled before the British parliament, the politicians called on PayPal to expand its service to Palestinians and their banks as “a move which has the opportunity to make a positive contribution to Palestinians and their economy and alleviate the high rates of unemployment.” They noted that the worldwide online....
In a time when it seems like a score of governments are giving bitcoin the look of death (looking at you, China), it seems like there's a shining light of positivity coming from Singapore - not terribly long after initially releasing a statement warning speculators of bitcoin pitfalls. That's because regulators at the Monetary Authority of Singapore (MAS) have told Coin Republic that they don't plan on interfering with the use and adoption of the digital currency. "Whether or not businesses accept bitcoins in exchange for their goods and services is a commercial decision in which MAS does....
The recent Supreme Court ruling requires the British government to get parliamentary approval before initiating the Brexit process, fintech industry faces uncertainty. Brexit is a crucial event for the fintech and blockchain sector. The post-Brexit world will decide the fate of the European Fintech ecosystem. But the separation of England from the European Union may not be happening anytime soon. According to reports, the English Supreme Court has ruled that the Prime Minister of Great Britain, Theresa May has to seek the approval of the parliament before setting the wheels of Brexit in....