Ripple, Not XRP: Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’

Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we're doing great. We're using XRP for international payments to 18 EU countries and the USA. This is on our iPhone app called One Pay FX. ^TC — Santander UK Help (@santanderukhelp) March 23, 2019 xCurrent 4.0 to Provide “Seamless” Access to xRapid Santander announced last year they were using xCurrent, Ripple’s answer to SWIFT. The bank messaging protocol provides real-time tracking and quick settlement for banks. xRapid, on the other hand, is Ripple’s XRP settlement protocol. It uses

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Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this weekend. Fake Bitcoin-Trading Volume Scandal Erupts The brouhaha erupted after Zhao reacted to a bombshell Bitwise report indicating that 95% of spot bitcoin trading volume is fake. “Sadly, most investors who can’t tell real versus fake volume also won’t read such a detailed report,” he

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Russia Postpones Parliamentary Reading of Crypto Regulation Bill

The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. The draft bill is not without its controversies, as it has been specifically edited to remove the terms “cryptocurrency,” “smart contract,” and “token.” This is in line with Russia’s surprisingly cautious position on cryptocurrencies,which has seen authorities repeatedly drag their feet on the possibility of creating a regulatory framework for

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Crypto Firm BlockFi Trims Interest Rates of Bitcoin Savings Accounts

BlockFi trims payouts for hedge funds and VCs provides a boost for “average crypto investors”. The BlockFi Interest Account (BIA), which launched as a private beta in January, before rolling out to the public at the start of March, has so far been dubbed a “huge success” by the firm. The BIA gives investors a return whether the crypto market is up or down, and is proving hugely popular with investors. It has drawn in around $ 35 million in investments so far, and shows no sign of stopping, in a blog post BlockFi said: Since our public launch on March

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