Ripple Expands xRapid: SendFriend Platform Backed By MIT And Mastercard Is Integrating The XRP-Powered Solution
A consumer payment platform is integrating Ripple’s XRP-powered xRapid in order to lower costs and increase the efficiency of cross-border transactions. The platform called SendFriend is backed by Ripple, Mastercard and MIT Media Lab. SendFriend will launch later…
Tether (USDT) Signed New Partnership With Deltec Bank From The Bahamas
The company Tether Limited confirmed that it reached an agreement with Deltec Bank, the bank of the Bahamas, to manage the funds that support its cryptocurrency, the Tether (USDT) stable coin. Via an official statement, the startup said…
BlackRock CEO Thinks Crypto ETF Will Become Available When The Industry Will Be “Legitimate”
BlackRock investment management corporation CEO Larry Fink does not see the company offering a publicly traded crypto ETF investment fund until the industry is “legitimate,” as CNBC reported yesterday. BlackRock is a financial planning and investment management firm…
New ICO Model Proposed By Fabian Vogelsteller During The Ethereum Developer Conference In Czech Republic
A new proposal to minimize the risk of fraud in any Initial Coin Offering (ICO) was presented this Tuesday, October 30th. The new model was unveiled at the annual Ethereum Developer Conference, Devcon4, which began yesterday in Prague,…
Cryptocurrency Derivatives Might Get Banned Across the United Kingdom
The UK Financial Conduct Authority (FCA) said in a recent report on cryptocurrency and distributed ledger technology that it will consult, during the first quarter of 2019, to study a potential ban on cryptocurrency financial derivatives across the…
First Islamic Crypto Exchange Will Launch In 2019
Headquartered in the United Arab Emirates, the ADAB Solutions startup plans on launching FICE (First Islamic Crypto Exchange) in 2019. According to ADAB Solutions, FICE would operate “in accordance with the principles of Shariah law,” meaning that it…