Xendpay Joins RippleNet to Expand Global Money Transfer Services

International money transfer firm Xendpay has joined RippleNet to take advantage of its network for sending all types of currency around the world. Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will […]

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Nonprofit Launches Blockchain Platform for Credit History in Sierra Leone

Nonprofit organization Kiva along with the government of Sierra Leone have launched a country-wide blockchain solution for credit history. San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone. According to a Reuters report on Aug. 21, Kiva and […]

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Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment

The Commonwealth Bank of Australia is working on a token and a blockchain trading platform meant to facilitate investments in sustainable development. The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development. Commonwealth Bank’s ‘BioTokens’ The bank announced in a press […]

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Santander Expanding Ripple-Powered Payments After Volume Triples

Santander to allow clients in Latin American countries to send money to the U.S. for free through tech developed by Ripple. Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug. 19. Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to […]

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Singapore Crypto Association Launches Code of Practice

The Association of Cryptocurrency Enterprises and Startups, Singapore, has developed a Code of Practice in partnership with multinational law firm Linklaters. The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) has developed a Code of Practice in partnership with multinational law firm Linklaters. A Global Legal Post report published Aug. 19 revealed that ACCESS had […]

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Coinbase and Barclays Part Ways, Will UK Users Be Affected?

Barclays halts business with Coinbase as exchange needs an innovative bank to tailor to its AML and KYC needs, but will U.K. customers be better off now? It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the […]

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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may […]

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Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow

Industry sources have reportedly confirmed that UK banking giant Barclays is putting an end to its work with crypto exchange Coinbase. British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase. As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, […]

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Bitex Partners With Bantotal For More Cross-Border Payments in Latin America

BTC exchange Bitex has partnered with Uruguay-based financial software company Bantotal to expand its cross-border payments offerings in Latin America. Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a […]

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