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ECB's Lagarde: Bitcoin A Money Laundering Tool, Needs More Regulation

PYMNTS

Bitcoin is about to get even more scrutiny by regulators, on a global stage. At least it seems so, if recent comments by European Central Bank President Christine Lagarde are any indication. As reported by Reuters this week, Lagarde said at a conference sponsored by the newswire that bitcoin should be regulated — worldwide.

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The regulator’s view of bitcoin, 2017

Chris Skinner

These central banks have run trials and are thinking about it, but none of them are particularly big on blockchain right now. As mentioned on Friday, they see … The post The regulator’s view of bitcoin, 2017 appeared first on Chris Skinner's blog.

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Bitcoin Daily: Chiliz Blockchain Firm Creates Sports-Focused Crypto Exchange; Proposed Hawaii Legislation Would Allow Banks To Hold Digital Currencies

PYMNTS

We have created a new usage and innovation (fan token, influence, etc. In other bitcoin news, a proposed bill in Hawaii would let banks hold onto crypto for customers, according to CoinDesk. The bill would essentially let Hawaiian banks offer customers not only general banking services, but digital banking as well.

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Podcast: Empowering Bank Employees to Drive Innovation

ABA Community Banking

From offering bitcoin rewards checking to meeting the unique credit needs of gig workers and sole practitioners, Quontic Bank depends on innovative ideas and execution. The post Podcast: Empowering Bank Employees to Drive Innovation appeared first on ABA Banking Journal.

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Bitcoin Daily: Hawaii Debuts Digital Currency Lab; Ripple Launches Live X-Border Payments With Thailand’s DeeMoney

PYMNTS

DeeMoney is using RippleNet to process inbound payments coming into Thailand as of now, and it is the first non-bank institution in the country to use RippleNet. In other news, Hawaii is rolling out its inaugural experimental program for cryptocurrency called the Digital Currency Innovation Lab, according to an announcement.

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The turf war between banks and blockchain innovators serves nobody

American Banker

Traditional financial institutions have much to gain from collaboration with digital asset natives — and vice versa. It's time to realize that potential.

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The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how … DenizBank, Turkey … the visible bank One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey.

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