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European Central Banks Demand Strict Cryptocurrency Regulations

PYMNTS

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. In a joint statement Friday (Sept. In a joint statement Friday (Sept.

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Beyond Bitcoin: Mainstream Acceptance Sparks Push For Everyday Cryptocurrency

PYMNTS

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. And as Keith Johnson , general manager of Ternio , said in an interview with PYMNTS, bitcoin has yet to live up to its hype as a game-changer in commerce — but there’s great promise for other cryptos to do so.

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Estonia to Launch Government-Backed Cryptocurrency

Bank Innovation

Estonia, a small Northern European country bordering the Baltic sea and Gulf of Finland, wants its own official digital cryptocurrency. Kaspar Korjus, Managing Director at […].

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What’s Next for SWIFT? APIs, Realtime Payments, and Cryptocurrency

Bank Innovation

EXCLUSIVE–With global payments service SWIFT gpi (global payments innovation) finishing up its first active year, how is SWIFT planning to push the service forward in 2018?

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World Bank, IMF Debut Private Blockchain And ‘Quasi-Cryptocurrency’

PYMNTS

The International Monetary Fund ( IMF ) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.”. Since the coin has no monetary value, it’s not an actual cryptocurrency, according to The Financial Times.

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BoA Reported To Hire ‘Treasury Product Manager’ For Ripple

PYMNTS

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. This role leads the product management team for the Ripple Project, a decentralized ledger technology-based solution to cross-border payments marketed to [global transaction services (GTS)] clients,” the job listing read. “The

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Genesis Molds Treasury Management For The Crypto World

PYMNTS

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. It marked the first drop in ICO funding in more than a year, according to Bloomberg reports, citing a correlation between ICO funding declines and drops in cryptocurrency values. ICO market.”