central banks
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Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency ‘e-krona’

Brian Evans - Jan 09, 2019

Sweden’s reserve bank has warned that the individuals and firms purporting to sell the electronic version of the national currency, the e-krona, are fraudsters as the digital…

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‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee

Brian Evans - Jan 08, 2019

Plans to issue a state-backed cryptocurrency in India have stalled, months after the country’s central bank gave indications that it was considering the idea. According to The…

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Bitcoin-Friendly Square Uses App and Algorithms to Issue Business Loans

Brian Evans - Dec 30, 2018

Payments company Square is moving into new markets by issuing business loans and will soon move to consumer lending. Its data collecting and analyzing algorithms are deciding…

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Switzerland Merchants Charged 8% by PayPal Showing Merits of Crypto

Brian Evans - Dec 22, 2018

PayPal, a leading payments processor valued at over $97 billion, charges merchants high percentage-based fees on top of a flat based fee of 2.9 percent. The high…

Blockchain News
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Facebook Developing Cryptocurrency for WhatsApp Transfers Amidst Another Privacy Scandal

Brian Evans - Dec 21, 2018

According to sources, Facebook is developing a cryptocurrency that would enable money transfers to be done through its messaging app WhatsApp. As stated in the publication by…

American Bankers Association
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Bankers Raise Concerns Over Robinhood’s New Saving Accounts

Brian Evans - Dec 19, 2018

Robinhood launched its 3% interest “checking and savings” accounts last week. With 3% well over the average rate offered by conventional banks and some key differentials in…

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Binance Labs Launches 8 Blockchain Startups

Brian Evans - Dec 18, 2018

Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs…

FinTech News
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Robinhood Didn’t Consult Regulators on New Checking & Savings Account Products

Brian Evans - Dec 14, 2018

Robinhood, the crypto-friendly stock trading application, recently launched a plan to offer checking and savings accounts. The accounts have a minimum 3% interest. It is part of…

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Porsche Arranges $170m Loan Using BBVA’s Blockchain Platform

Brian Evans - Dec 14, 2018

Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA’s ever-developing distributed ledger technology (DLT) platform. The loan, valued at €150…

Blockchain News
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PayPal Gets into Blockchain, But Only Internally Among Employees for Now

Brian Evans - Dec 14, 2018

Payments platform PayPal has so far avoided Bitcoin acceptance and, at least visibly, not considered blockchain for its platform. Now, it has launched an internal blockchain-based employee…