Category: Transactions

Citi and IADB complete cross-border payment pilot with blockchain tech

Citi and IADB complete cross-border payment pilot with blockchain tech

IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network. 2468 Total views 25 Total shares Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB […]

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Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets

Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets

Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. 2527 Total views 17 Total shares Russian President Vladimir Putin has stressed the importance of developing additional measures to fight against illegal cross-border transactions of digital financial assets. Speaking at a board meeting of the General Prosecutor’s office Wednesday, Putin stated that […]

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Bitcoin price ‘macro top’? Not so fast — data shows the real FOMO isn’t even here

Bitcoin price ‘macro top’? Not so fast — data shows the real FOMO isn’t even here

Bitcoin (BTC) bears thinking that $58,000 was this cycle’s top will be sorely disappointed, fresh investment data from past bull markets shows. Compiled by on-chain analytics resource Whalemap, statistics covering BTC buys of between $5 million and $7 million conclude that even at recent all-time highs, Bitcoin was far from a “macro top.” “No FOMO […]

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