Tag Archives: santander

The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance. Spanish banking giant Banco Santander is partnering with cryptocurrency asset management platform Taurus to offer its customers custodial services for their digital assets. Banco Santander recently emerged as the only Spanish bank to appear on the 2023 list of financial institutions of global systemic importance. The list comprised 29 names classified by the Financial...

Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major cryptocurrencies – Bitcoin (BTC) and Ether (ETH). It also plans to add further cryptocurrencies that meet its criteria. According to the...

CoinspeakerA&G Announces Launch of First Crypto Fund in Spain The fund will be audited independently by PwC, one of the world's leading professional services organizations. A&G Announces Launch of First Crypto Fund in Spain

Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank account that tries to wire money to an attached crypto exchange to purchase assets will instantly be blocked. Santander Clearly Doesn’t Like Crypto The organization is taking a lot of flak for the maneuver, with many traders and investors claiming that the bank should not...

The objective of this project is to streamline the processes of transacting with different kinds of property through the platform.Santander, one of the biggest banking institutions in the world, has put out a proposal to broaden the scope of Digital Real’s potential usage as a central bank digital currency (CBDC) in Brazil.Santander is leveraging technology from another company, ParFin, to tokenize the ownership rights of the assets in a transaction and handle the exchange of the currency, in...

Argentinische Bauern können sich künftig über Darlehen absichern, indem ihre Güter, wie Soja, Weizen und Mehl über die Blockchain-Technologie tokenisiert werden. Hinter dem Konzept steht ein argentinisches Startup und die spanische Grossbank Santander. Obwohl die Diskussion über die Tokenisierung, die den Markt transparenter und fairer machen soll, schon mehrere Jahre zurückreicht, ist ihre Anwendung einer eher theoretischer Natur verblieben. Mit der Einführung des sogenannten Agrotoken...

Ripple Live Transaction: Santander’s One Pay FX Santander S.A., das grösste Bankunternehmen Spaniens, hat mit One Pay FX eine auf dem Ripple-Netzwerk basierende Zahlungsapp veröffentlicht. Zahlungen können damit ohne zeitliche Verzögerung über Landes- und vor allem Währungsgrenzen hinweg vorgenommen werden. Aus Sicht des Ripple-Entwickler-Teams macht vor allem die „flüssige,...

Santander’s Ripple-powered payments solution, which is set to launch in Mexico, will enhance transparency in operations, improve speed in sending and receiving payment.Aiming at improving transparency, efficiency, and general client satisfaction Spanish bank Santander is going to launch its Ripple-powered payments solution in Mexico later in 2020.This has become known from a Form 20-F filed with the U.S Security and Exchange Commission (SEC) earlier this month, where the Spanish bank revealed...

On February 5, the Reginald Fowler’s case got an important update regarding three bank accounts in Santander UK. The assets held in them have been restrained.The U.S. Government has issued a sealed post-indictment restraining order. In the document added to the CourtListener on February 5, 2020, there is an update regarding the case against Crypto Capital Co. functionary Reginald Fowler, presumably working for Bitfinex. It appears that Reginald had some bank accounts related to him in the UK....

Ripple’s Xpring initiative XRPL Labs is getting ready to launch its Xumm banking application. The app will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved.Xumm banking application is powered XRP, the token that is widely used in Ripple’s solutions. Notably, it will be available for all kinds of users. Easy to use, the app requires no special knowledge with...