Category: Cryptocurrency

October 18, 2017 BY Valentina Kirilova

BNP Paribas and EY explore private blockchain to optimize the bank’s global internal treasury operations

BNP PARIBAS ALM Treasury and EY today announced they successfully completed a pilot demonstrating the feasibility of using blockchain to optimize the global internal treasury operations of the bank. The ALM Treasury department, which manages the bank’s internal treasury, at the service of all three operating divisions of the Group, carried out a blockchain pilot,…

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October 17, 2017 BY Mariela Naydenova

Brazil's Central Bank President denounces Bitcoin

ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…

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October 17, 2017 BY Mariela Naydenova

Yale's Robert Shiller calls Bitcoin and Gold "Fads"

One of the most renowned professors of economics, Robert Shiller, has recently called bitcoin "a fad" in an interview for CNBC. The author of "Irrational Exuberance" shared his opinion that people should be wary of bitcoin's popularity. He said: "It seems there is some strange enthusiasm for it", referring to the massive growth and excitement…

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VTFinTech deploys Parity One on OpenFin’s operating system
October 17, 2017 BY Valentina Kirilova

CFTC’s LabCFTC releases Primer on Virtual Currencies

The Commodity Futures Trading Commission’s LabCFTC has today released, “A CFTC Primer on Virtual Currencies.” This primer is the first of a series that LabCFTC will release to provide fundamental, and essential, information about financial technology (FinTech) innovation. LabCFTC believes that promoting education, understanding, and regulatory clarity around emerging technologies can help facilitate market-enhancing innovation…

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October 17, 2017 BY Valentina Kirilova

BNP Paribas Securities Services with TCS to transform asset servicing industry using blockchain technology

BNP Paribas Securities Services announced that it teams up with Tata Consultancy Services (TCS) to deliver an innovative blockchain-based platform, called Corporate Event Connect, which will provide fast, accurate and secure corporate event announcements to clients around the world. Corporate actions processing is one of the most complex areas of asset servicing. Information on the…

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October 16, 2017 BY Mariela Naydenova

Australia up for Bitcoin regulation

Bitcoin has become a global phenomenon, presenting opportunities and threats along the way all around the world. Regulators, CEOs, central banks and cryptocurrency startups are on the lookout for the next big news on bitcoin. Australia is the next "player" to impose bitcoin regulation, following a scandal with its biggest bank - Commonwealth Bank of…

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asic warning
October 16, 2017 BY LeapRate Staff

CySEC adds Investor Warning to leverage and volume limits for trading cryptocurrency CFDs and ICOs

After introducing leverage and volume limits for FX brokers that offer trading in CFDs for Bitcoin, Ethereum and other cryptocurrencies, Cyprus financial regulator CySEC has now added a general warning for retail traders on the risks of trading digital / virtual currencies. CySEC called these instruments "highly complex", noting that trading prices of virtual currencies and CFDs…

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Saxo Bank Ethereum ETN trading
October 13, 2017 BY LeapRate Staff

Saxo Bank adds Ethereum ETN trading to its online trading platforms

Copenhagen based multi asset broker Saxo Bank has announced that it now offers clients access to trade the Ethereum Exchange Traded Notes (ETNs) issued by XBT Provider AB which were listed on Nasdaq OMX Stockholm stock exchange earlier this week. As previously announced, Saxo Bank also offers clients access to two Bitcoin Tracker ETNs also…

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