Search Results for "u.s. banking committee"
Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients
Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.
CBDC for Stimulus Payments Advocates Honorary Christopher Giancarlo
During an open hearing by the House Committee On Financial services yesterday, the Honorable Christopher Giancarlo once again advocated for the use of a central bank digital currency (CBDC), effectively digital dollars, as a solution to directly distribute the COVID stimulus packages to citizens.
US Congressmen Ask Federal Reserve to Create National Digital Currency
Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.
WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019
China’s WeBank is leading the global banking community in banking technology patents jumping ahead of US giants JP Morgan Chase and Bank of America with 632 filed patents in 2019.
US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin
The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.
US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations
United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.
Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community
The Australian National Blockchain Roadmap Steering Committee is seeking expressions of interest from its domestic blockchain community to create working groups on supply chain and credentialing.
Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money
The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.
Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector
One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.
What Happened: US Committee Hearing with the SEC on Crypto and Libra
The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.
CFTC Committee to Hold Virtual Meeting on Digital Currencies and Blockchain
The CFTC has scheduled a virtual meeting for Thursday, July 16th where its Technical Advisory Committee will discuss matters around on cryptocurrencies and DLT.
A New Era of Smart Banking: Virtual Bank by Standard Chartered Building Digitally-Born Services
During Hong Kong Fintech Week 2019, Blockchain.News spoke with Deniz Güven, the CEO of the Virtual Bank by Standard Chartered, to understand the current developments and the new technology behind it. The Virtual Bank by Standard Chartered was one of the first granted a virtual banking license on March 27, 2019, from the HKMA along with two other licensees, Livi VB Limited and ZhongAn Virtual Finance Limited.