An estimated 0.2% of all XRP transactions are used for illicit activity. How true is this figure and how does it impact the industry? It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very…
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SBI Securities’ trading revenue surged 19% in 2019 due to the inclusion of SBI VC Trade crypto affiliate in July, SBI Holdings says. SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the…
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Based on Finder’s survey of 2,068 Americans, 36.5 million people in the United States own some form of crypto to date. The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial…
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Over 200 financial institutions on RippleNet will have access to Finastra’s network of banks, allowing customers to partner with each other. United Kingdom-based financial software firm Finastra has partnered with Ripple to join RippleNet, a global blockchain payments network with over 200 members. Faster integration with partners As officially announced by Ripple on Oct. 9,…
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Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be…
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The credit rating arm of financial services firm Morningstar is developing a blockchain platform for debt securities. The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry. Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain,…
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Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States. Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States. Combat fraud and enhance identity validation In an Oct. 1 press release, Spring Labs…
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