Warren Buffett's Berkshire Hathaway Inc. BRK BRK unloaded more than a quarter of its stake in Wells Fargo & Co. WFC and about 61% of its position in JPMorgan Chase JPM, while acquiring a new position in Barrick Gold Corp. GOLD, according to 13F filings with the Securities and Exchange Commission for the period ended Jun 30, that were released Friday afternoon.
The Federal Reserve Board on Thursday announced details of the FedNow℠ Service, a new 24x7x365 interbank settlement service with clearing functionality to support instant/real-time payments in the United States.
The OCC serves to charter, regulate and supervise national banks. Today’s OCC letter clarifies that national banks have the authority to provide fiat bank accounts and cryptocurrency custodial services to cryptocurrency businesses. This clarification from the OCC may open the doors for larger financial institutions to be more comfortable providing traditional bank accounts to cryptocurrency […]
According to reports, On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.
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.
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.
Some of R3's ecosystem consists of : Citibank, HSBC, Bank of America, Amazon Web Services, Barclays, Wells Fargo, USbancorp, SBI, Synchrony Financial, Microsoft, Huawei, Google Cloud, LG CNS, Hewlett Packard Enterprise, and many more...
Blockchain is a disruptive technology that’s poised to change the world and have a major impact on a number of industries in the coming years. Given the interest from potential employers and students alike, some of the most prestigious academic institutions in the world are indeed offering blockchain/cryptocurrency courses and, in some cases, even degrees.
On January 3, 2009, the first event on the Bitcoin blockchain happened, known as the genesis block. Now, a decade later, The cryptocurrency community is being urged to participate in a event dubbed, "proof of keys." The event advocates for people to remove all their cryptocurrencies from third-party crypto exchanges and similar services on January 3, 2019.