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Tag Archives: Financial

Existing Online Payment With Over 2 Million USD Worth of Transactions Turns To Blockchain To Ensure Financial Inclusion In Emerging Markets

Mazzuma, the third highest ranked mobile money payments system based on transaction volume in Ghana seeks to utilize blockchain technology through the creation of the MAZ cryptocurrency to enable instant seamless payments globally. Mazzuma, the flagship product of CYST, has been a force to reckon with in the online payments ecosystem in Ghana since its inception in 2015 bringing in ...

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Ripple Targets China | Large Financial Market to be Discovered

Ripple, the third largest cryptocurrency project by its total market cap, confirmed that it is targeting the large Chinese market with its cross-border blockchain payment technology, CNBC reported this morning. Ripple targets China despite China’s anti-cryptocurrency reputation? Here’s why. Ripple Targets China Jeremy Light, VP of European Union Strategic accounts at Ripple, had a phone interview with CNBC and said, “China ...

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Bitcoin Price Watch: Currency Stuck in a “Financial Trance”

At press time, everyone’s favorite cryptocurrency and the world’s largest digital coin by market cap is trading for just under $6,400. While this is slightly higher than where it stood yesterday, bitcoin is still within the same range, and stubbornly refusing to move. While we can be grateful the currency hasn’t fallen any further, it’s annoying to see the lack ...

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Japan’s Financial Watchdog Publishes Results of Its On-Site Crypto Exchange Inspections

Japan’s financial watchdog, the Financial Services Agency (FSA), has published the results of its on-site inspections of cryptocurrency exchange operators, Cointelegraph Japan reports August 10. Based on its findings, the watchdog has decided to apply more rigorous oversight into new applications from exchanges hoping to receive an official operating license. Newly registered exchanges will be required to undergo on-site inspections ...

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Every Financial Portfolio Should Include Bitcoin, New Research Paper Suggests

The viability of investments into cryptocurrencies is a hotly debated topic. While many investors large and small are still skeptical about virtual currencies like Bitcoin, a growing number of people are starting to come around. In many nations, especially ones fraught with economic and political instability, virtual currencies offer an alternative way to hedge against a failing financial climate. But ...

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KORA: Kora Gateway launches, bringing improved financial services to emerging markets

LONDON, August 8, 2018 – Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them. According to the World Bank’s Global Financial Inclusion database, there are currently an estimated two billion un(der)banked people in the ...

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11 Financial Regulators Launch ‘Global Sandbox’ for Blockchain, FinTech Push

A near dozen financial regulators from countries around the world have collaborated to form a new network to help further the development of financial technologies like blockchain. Now labeled as the ‘Global Financial Innovation Network (GFIN)’, the alliance sees 11 financial regulators of their respective nations come together under a proposed mandate by the U.K.’s Financial Conduct Authority (FCA) earlier ...

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Kora Gateway Launches, Bringing Improved Financial Services to Emerging Markets

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. LONDON, ...

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