SWIFT India, a joint venture between SWIFT SCRL and several banks, plans to test distributed ledger technology (DLT) in partnership with blockchain startup MonetaGo, Cointelegraph reported. The FinTech firm’s technology will reportedly work with SWIFT’s standardized financial messages, which serve the market in India. To bolster...
The U.S. Department of Justice (DOJ) is reportedly looking to see if the atmospheric rise of bitcoin in 2017 was caused, in part, by alleged market manipulation through a particular cryptocurrency known as Tether, Bloomberg reported. According to the news outlet, unnamed sources are investigating...
The U.S. Justice Department is investigating whether bitcoin’s record-breaking performance last year was caused by market manipulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The price of bitcoin dropped below the $5,000 level on Monday (Nov. 19) to lows not seen for a little more than a year, MarketWatch reported. The price of bitcoin was $4,762.63 as of 7:19 p.m. EST, according to CoinDesk. According to MarketWatch, bitcoin has...
The World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It has not been a great week for the price of bitcoin, or really any cryptocurrency for that matter. The price of bitcoin has fallen and stayed below $6,000 for the last four days and no one’s predicting a rally anytime soon. Get the Full Story Complete the form...
Japan’s Financial Services Agency (FSA) had a plan for crypto wallet service regulation on its meeting agenda for a recent gathering of its crypto study group, bitcoin.com reported. As it stands, crypto wallet providers aren’t currently treated the same way as cryptocurrency exchanges as they...
CIMB, a banking group that operates in countries such as Malaysia, Cambodia and Thailand, has inked a deal with Ripple in order to bring the company’s blockchain technology to its SpeedSend remittance offering, Cryptovest reported. Through the offering, the bank hopes to take on the...
The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
