The traditional cross-border payment systems may start to be driven out by the distributed ledger technologies as Woori bank considers commercializing of Ripple-based overseas remittances this year.
The pilot program of the platform which allows payment providers to minimize liquidity costs is expected to be launched by the FLEETCOR-owned company.
Bob Fitzsimmons, expert in the sphere of futures, managing director and head of Wedbush Futures, shares his perspective on Bitcoin futures and digital-market potential.
Despite the growing crypto space, SWIFT is not going to lean back: it reduces cross-border payment times providing its clients with fast and safe services.
Bitcoin is not the only cryptocurrency suffering from the drop – the whole cryptocurrency market goes down for no evident reasons.
Ripple has collaborated with two banks and three fast-growing remittance providers who are willing to adopt the blockchain technology for instant payments at reduced costs.
Coinbase, the largest cryptocurrency exchange and wallet provider in the U.S., has launched a PayPal-like plugin. Coinbase Commerce allows to make Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments.
The CFTC is looking for a collective effort from several private as well as government players in order to form the regulatory framework around cryptos while protecting investor’s interests.
The Saudi Arabian Monetary Authority (SAMA) is the second biggest banking institutions to adopt blockchain technology after the Bank of England.
Ripple is further expanding its footprint by collaborating with many banking as well as financial services institutions.
This is the first money transfer deal from the middle east to establish instant money transfer.
Vulnerability of crypto industry to external factors makes Bitcoin price one of the most discussed issues. Let’s see what factors have led to its recovery.
Ripple is downtrending mid-term as we are heading into mid February, as Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says.
Grayscale, the company that launched Bitcoin Investment Trust, launches new ‘Digital Large Cap Fund’. The Fund is tied to 5 top cryptocurrencies. Each digital asset will be evaluated, less the fund’s expenses and other liabilities.
LianLian will be using Ripple’s xCurrent solution for cross-border settlements with end-to-end tracking.