China Digital Currency Will Replace SWIFT: Huang Qifan
China’s plans to create a sovereign digital currency might be aimed towards eradicating the need for U.S.-controlled payment systems like the Society for Worldwide Interbank...
Bad News For Ripple As Visa Enters Cross-Border Payments Market
Visa has launched a blockchain-based platform for cross-border payments between financial institutions. This sees it enter the increasingly crowded marketplace that Ripple has been...
XRP Price Pumps As SWIFT Partners With Ripple Rival R3
The CEO of SWIFT revealed today that the institution is working on a proof-of-concept for integrating blockchain start-up’s R3 trade finance platform with SWIFT’s GPI...
Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran...
Iran May Unveil State-Backed Cryptocurrency This Week
Iran is reportedly expected to announce its state-backed digital currency at the annual Electronic Banking and Payment Systems Conference which starts on January 29th. The move is an...
The New World Reserve Currency Will Invariably Be Bitcoin, Says Max...
In his first New Year show, Max Keiser looks at what an increasingly de-globalized, de-dollarized world could mean for Bitcoin. Swift Decline For The Dollar One catalyst for the...
SWIFT Kicks Out Iran – One Of The 3 Cheapest Countries To Mine...
The Society For Interbank Financial Telecommunication (SWIFT) has begun blocking access to international transfers for Iranian member banks as new US sanctions take effect. SWIFT...
Russia and Iran May Use Cryptocurrencies to Bypass International...
Politicians in Iran and Russia are discussing the possibility of using digital currencies to bypass sanctions. Cryptocurrencies: A Tool for Bypassing Sanctions Decentralization is...
Certified German Bank Transfers Loans with Bitcoin, Subverts SWIFT
One online bank in Germany is now using bitcoins for loan transfers. Subverting SWIFT Founded by German Radoslav Albrecht, Bitbond is an online bank which now affords its customers...
Russia May Use Ethereum Blockchain for Its ‘SWIFT’...
The central bank of Russia is preparing to transfer payments on SPFS, its domestic version of SWIFT, to the blockchain in 2019. Ethereum Or New Blockchain To Power Blockchain SWIFT As...
3 Big Problems Ripple Investors Can No Longer Ignore
While Ripple is “not a bad investment” right now, major challenges exist when it comes to long-term prospects for its bank-oriented digital token (XRP), according to Weiss Ratings...
Ripple CEO Promotes Centralization, Puts Down SWIFT
Earlier this week, Ripple CEO Brad Garlinghouse spoke at Money 20/20 Asia’s “A New Payments System for the Digital Age” fireside chat, where he discussed his vision...