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The Crypto-Currency Act of 2020 Could Bring United States Crypto Clarity
A U.S. Congressman (Paul Gosar: Republican-Arizona) has reportedly introduced a draft bill to bring regulatory clarity in the cryptocurrency space, dividing cryptocurrencies into three parts: crypto-commodities, crypto-currencies, and crypto-securities. More
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Citi Group Touts its platform for Real-Time Cross Border Payments
Citi Group Bank made an announcement via Business Wire that as previously reported in October of 2018, Citi it has launched a new cross-border platform, using RTP (real-time payments) to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities. More
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Wells Fargo Launches Ability to Send ‘Real-Time Payments’ on the RTP® Network
Wells Fargo announced today that its corporate customers can now send real-time payments through the RTP® network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings. More
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HSBC Launches Real-Time Payments For Businesses via RTP Network
HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to send and receive real-time payments, the company said in a press release Monday (Nov. 18), via Business Wire. HSBC is said to be a member of the R3 consortium. More
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US Lawmakers Ask Fed to Consider Developing ‘National Digital Currency’
Two U.S. lawmakers seemingly want the Federal Reserve to consider creating a digital dollar. More
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Wells Fargo to Pilot Dollar-Linked Crypto-Stablecoin for Internal Settlement
U.S.-based financial banking giant Wells Fargo is developing a U.S. dollar-linked rypto-stablecoin that will run on the firm’s first blockchain platform. More
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Dissecting Donald Trump’s Tweets on Bitcoin, Cryptocurrencies, Crypto Assets, and Regulation
Here is a speculative translation of what Donald Trump’s could have meant if Twitter allowed more characters. A personal opinion and not financial advise. More
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Views on “Securities” by SEC Commissioner Hester M. Peirce Shines Light of Clarity
When the tokens are not being sold as investment contracts, however, they are not securities at all. Tokens sold for use in a functioning network, rather than as investment contracts, fall outside the definition of securities”.. More
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Blockchain Firm SBI Holdings & R3 Officially Announce Joint Venture
Japanese financial services company SBI Holdings has officially announced a joint agreement with the United States blockchain consortium R3 More
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Ripple Labs and R3 Consortium Reach Settlement in XRP Token Litigation
Ripple Labs Inc. has announced it has reached a settlement “of all outstanding litigation” between R3 HoldCo LLC, R3 LLC, and XRP II, LLC, according to a press release published More
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US Federal Court Denies Motion to Remand Against Ripple
The U.S. District Court, Northern District of California has ruled to deny a motion to remand against Ripple, its subsidiary XRP II, and Ripple CEO Brad Garlinghouse More
