Bank of China is reportedly making plans to implement cryptocurrency XRP, developed by FinTech firm Ripple, for international payments. The state-owned bank is of China's "Big Four" state-owned commercial banks and fifth largest in the world by total assets and if implemented, the unconfirmed plans would signal strong support for...
National lender State Bank of India is reported to be considering a tie-up with cryptocurrency firm Ripple to power instant remittance payments into the country. The crypto-firm has seen rapid growth in interest in the country following news last month that Kotak Mahindra Bank would implement its xCurrent system for payments. India’s...
Authorities in South Korea appear to be softening plans to control Bitcoin trading in the country.  Rumours had appeared suggesting that the government might step in to ban or heavily regulate cryptocurrency exchanges but the outlook is now focused more on ICOs and new offerings.  Following the removal of a senior...
Since its first inception, Money has been evolving; from seashells and hides to gold and paper bills the means of converting and transferring value has always been changing. Now, a raft of new technology firms are exploring ways to evolve again as the constraints of currency transactions look to be...
UAE-based exchange BitOasis is to add Ripple XRP token on its digital asset trading platform. “We’ve decided to introduce XRP trading to meet the increased demand from our customers to add to the list of major cryptocurrencies and digital assets offered on our platform,” Founder of BitOasis, Ola Doudin said. Users of...
Massive price gains for Bitcoin, following a substantial purchase by a mystery investor last week, has positioned the cryptocurrneyc market for a revival in fortunes in the second half of hteyear, according to analysts. Prices has soared over 20 percent, breaking $5,000 for the first time...
Cryptocurrency solution provider Ripple is set to welcome leading figures from the world's of finance and technology to its Swell conference in Toronto next week where Ex-fed chairman Ben Bernanke and internet pioneer Sir Tim Berners-Lee headline. The international banking conference will take place in Toronto Oct. 16-18, alongisde rival SWIFT’s...
Traders seeking arbitrage opportunities in cryptocurrency markets could be set to drive the next wave of growth in the sector as they seek to capitalize on growing disparities between exchanges. The process of buying and selling the same commodity on different exchanges to take advantage of price differentials is a...
Swedish exchange Nordic Growth Market (NGM) has announced the launched of exchange-traded products tracking the value of cryptocurrencies XRP and Litecoin. Owned by Boerse Stuttgart, Germany’s second-largest stock exchange, the NGM is an authorized exchange with operations across Sweden, Norway, Denmark and Finland.
The Bill & Melinda Gates Foundation has partnered with a consortium of tech firms including cryptocurrency developer Ripple to develop a new open-source software called Mojaloop. The software creates a real-time, interoperable payments platform on a national scale to reach the world’s poor with essential financial tools. The World Bank estimates it may...