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SWIFT to Allow GPI Payments on Blockchain Platforms

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms t...

Bitcoin and XRP Aren’t Competitors — I’m Long BTC

Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fo...

Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency

Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet...

One Protocol’s Plan to Give Users a Seat at the Governance Table

A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the no...

Circle to Close Its Payment App, Focus on New Financial Products

Peer-to-peer payments technology firm Circle is closing its payment app Circle Pay in order to develop new crypto financial ser...

Former US Senator Rick Santorum Joins Catholic-Focused Cryptocurrency Project

Former United States Senator Rick Santorum has joined the board of a Catholic community-oriented cryptocurrency project, accord...

MIT Professor Claims Blockchain Technology Is Not as Secure as Claimed

A professor at the Massachusetts Institute of Technology (MIT) says that blockchains are not as secure as they are purported to...

Crypto OTC Trading, Explained | Cointelegraph

1. Generally speaking, over-the-counter (OTC) trading is a deal that happens directly between two interested parties — that is,...

Crypto Exchange Bitfinex Temporarily Shuts Down Deposits and Withdrawals

Cryptocurrency exchange Bitfinex has temporarily shut down its services, according to a tweet published on May 31. The tweet sp...

State Farm and USAA Test Blockchain Platform for Insurance Claims Process

United States insurance giant State Farm and military-affiliated bank United Services Automobile Association (USAA) are testing...