DTCC’s blockchain event highlights importance of education and collaboration
Jul 14, 2016 05:44 am UTC| Digital Currency
The Depository Trust Clearing Corporation (DTCC) hosted a blockchain event last month that brought together Capitol Hill and regulatory staff, as well as key stakeholders in the financial services industry. Titled, The...
Virtual currencies pose a vital challenge for compliance with BSA/AML laws: US OCC
Jul 14, 2016 05:05 am UTC| Digital Currency
The US Office of the Comptroller of the Currency (OCC), the federal agency that charters, regulates, and supervises all national banks, has emphasized on the increase in the use of digital currencies by criminals for...
APG partners to explore blockchain technology, artificial intelligence
Jul 13, 2016 13:32 pm UTC| Digital Currency
Dutch-based APG pension system has announced its collaboration with other companies and knowledge institutions to work on practical applications of blockchain technology, artificial intelligence and on technology that curb...
FxWirePro: ETH/USD trades flat, good to sell on rallies
Jul 13, 2016 12:49 pm UTC| Digital Currency
ETH/USD is seen trading flat in green on Wednesday. The pair is consolidating in anarrow range between $10.79 and $10.37 (KRAKEN) for the past two trading session. It is currently trading around $10.55 at the time of...
Absa bank becomes first African member to join R3 blockchain consortium
Jul 13, 2016 12:39 pm UTC| Digital Currency
Absa Bank, the South African subsidiary of Barclays Africa Group has joined the R3 global blockchain consortium in an effort to design and apply distributed and shared ledger-inspired technologies to global financial...
LTC/USD trades well above $4 level, jump till $4.53/$4.84 likely
Jul 13, 2016 11:23 am UTC| Digital Currency
LTC/USD is seen trading above on Wednesday. The pair has broken minor psychological resistance at $4 and jumped till $4.1580 (BTCE) yesterday. It is currently trading around $4.112 at the time of writing. Ichimoku...
KBC Group trials blockchain-based application for international SME trade
Jul 13, 2016 11:05 am UTC| Digital Currency
KBC, a bank-insurer in partnership with Cegeka, an IT specialist and various other companies has announced that it has successfully tested Digital Trade Chain (DTC), a blockchain solution to facilitate secure international...
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