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Tezos is adopted by more than 100 non crypto organizations
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Fact is...Russia is a corrupt 3th world country, with a very low BNP for the population they have. Gazprom is a Trillion $ Company that's completly ruined by corruption. Putin's only sollution is war, becuz he has a lot of interior problems.
They make their own pools. BNP has dozens of pools for staking. Where did you see that this address is theirs? Is that an educated guess, or is that what they said?
KIA, GAP, Ubisoft, Societe Generale, RedBull, McLaren, Team Vitality, Manchester United, BNP Paribas, UBS, State Street, Puma, Emirates Group, AC Milan, United Nations, Red Cross, Norwegian Refugee council, French Milltary, French atomic energy commission, EDF, Exaion, Elvinger Hoss, Warner Music, Grammy awards, Rakuten, Cambridge University, Reno, ETC group, Incore bank, BTG Pactual, Envited Group, Arab Bank, Groupe Casino, Cleveland Cavaliers, NY Mets, Art Basel, MyLoby, Credit Suisse, Polytechnique, PwC, Ethical toy programme, La DCF Some of the large organizations that have used Tezos.
GAP, RedBull, Ubisoft, EDF, Manchester United, Societe Generale, UBS, Adobe, Emirates Group, Team Vitality, Puma, Warner Music, Guerlain, United Nations, Red Cross, Groupe Casino, French atomic energy commission, French millitary, Reno Nevada, BNP Paribas, University of Cambridge, FloSports. Some of the big organizations using Tezos or Tezos based applications.
#Fuck BNP Paribas... They are forcing me to stop any crypto activity with them .. fuck it
Heres 20 1. Amazon Web Services 2. Amalto 3. BNP Paribas 4. Ciox Health 5. Citigroup 6. Comcast 7. Fidelity 8. Foxconn 9. Google 10. Hewlett-Packard Enterprise 11. HTC 12. Intel 13. JP Morgan Chase 14. Microsoft 15. Overstock 16. Samsung 17. Siemens 18. Signature Bank 19. UBS 20. VMware
JPM could hypothetically buy all the existing ETH. But to answer your question, you shouldn't look at the stock, that's doesn't reflect the value of a company. But even if we would go that route, JPM, Bank of America, Stanley, Schwab, HSBC, citi, etc. Heck, even BNP Paribas could aquire it
Oh, and Red Bull, Ubisoft, Mclaren, Emirates Group, UBS, State Street, Credit Suisse, Societe generale, Sygnum, Puma, AC Milan, Groupe Casino, BNP Paribas, BTG Pactual, EDF (Exaion), United Nations, Red Cross, French Millitary, Reno Nevada, Envited group (BMW, Audi, Mercedes-Benz, Porsche), National Police of Korea, Renault, Swiss and french local governments, Electis, Microsoft India, DraperGorenHolm, Credit Agricole, Cdiscount, Spar, Extra, Inacta, Incore bank, Bitcoin Suisse, ID2020, Bosch, Pwc, Deloitte, Deutsche Bahn, Siemens, SK Telecom, GM motor, Siemens, Rakuten, MVL, Samunnati, Hindalco, Norwegian refugee council, OneOf, Hic et nunc, Kalamint, Virtualware, Augmented reality company, vyyking, DB, Gucci, Mike shinoda, Doja cat, G eazy, Chief Keef, The Game, Whitney Houston, Imdea software, Alesso, Guerlain, Grammy Awards, French police, several French towns use Electis, Swiss companies and towns use Tezos app ecoo, Iscan.com, HDFC capital, Ethical toy program, EVE online, University of Cambridge, Wakam, Vertalo, Tzero, Tokensoft, Fundament, Baanx, Dealbox, Alliance Investment, Elevated returns, Dalma capital, Andra capital, Securitize, Globacap, Equisafe, REI Capital, Sol RE, Sword Group, The blockhcain group, coinhouse, Diginex, smart crowd, Societe generale, fireblocks, Block0, Christies, Gap, Art Basel, Arab bank Switzerland, QR capital, Polytechnique, capgemini, DigitalMango, MyLoby, Edith & Nous, ShuttleOne, FutureSense, Baloti, Elvinger Hoss, Hexa solutions, Pitbull Check.
JPMorgan Chase Goldman Sachs BofA Securities Morgan Stanley Citigroup UBS Credit Suisse Deutsche Bank HSBC Barclays Investment Bank RBC Capital Markets Wells Fargo Securities Jefferies Group BNP Paribas Mizuho Lazard Nomura Evercore Partners BMO Capital Markets Mitsubishi UFJ Financial Group TO NAME A FEW...
Paris France. The bank is BNP Paribas
Before attempting to do this it is imperative that you maintain an uncomfortably wide smile that clearly displays your pearly whites alongside slicking you hair up to assert maximum dominance THE ENTIRE TIME. Now onto the plan. Step 1: Walk into your local BNP Paribas branch Step 2: Tell them you’re interested about opening a new savings account, ofc one with the highest monthly fee in return for a very respectable APY Step 3: Ask if they’re willing to match their APY with another establishment you’re looking to open an account with. (*at this point the clerk would most likely agree since they want to keep your business and the higher interest offered from their end far outweigh the costs of acquiring a new client*) Step 4: Borrow their terminal go to olympusdao.finance and show them the 8000% APY. Now remember the initial instructions? Here’s where they come into play. You stand up and say they following *queue MHA soundtrack* NOW FOR A LESSON YOU MAY HAVE HEARD THESE WORDS BEFORE BUT ILL TEACH YOU WHAT THEY REALLY MEAN GO BEYOND PLUS ULTRAAAAAAAAAAAAAAAAA then walk out.
Dude, I'm at BNP Paribas Fortis, the Belgian bank. I haven't run into any trouble concerning Crypto.com and Binance. (I use both) Tell them that you put that money in your Visa account and you'll be happy to use theirs if they offer a bigger cashback, free Spotify, free Netflix,.. No, fuck 'm!
21€?! That's insane! But BNP charges me 0€ because I don't work yet, I kinda like it.
French here. Leave BNP. Take Boursorama, they never ask any questions regarding crypto. Then, you'll be able to buy in any crypto website.
BNP Paribas is one of the worst Banks I have ever encountered. Not only their services etc are shitty, they stole my gf from me. After she got a job in BNP they stole her soul and make a plaza bitch out of her. Which was okay for me cause I finally got to see who really she was.
French citizen here. BNP sucks ass. Like almost every "old banks". Change for Boursorama. Amazing online bank, totally free (you pay litterally 0€) doesn't give a flying fuck what you do with your money, very easy to use, fast to answer, and they even give you money when you chose them to be your main bank account (smthg like 90€ iirc). Ive personally been recommanded this bank by my familly. And literraly every body i've recommanded it thank me. Wouldn't go back to traditionnal bank. If you have any question, don't be shy and pm me. I even have a referal code for you if you want that gives you more money. And no, i do not work for this bank or have anything related, but when i find a product or service that has litterally no downside, i have no problem making free advertising for them if they deserve it.
Do you need better proof that cryptos will succeed other than your experience with BNP? For much, much, much less, the world had a huge financial crisis in 2008. In 2021, after 2 years (!!!) of covid-19 affecting the WHOLE world, nothing significant happened to banks or any other financial institution. Do you know why? Because the World now have crypto, namely Bitcoin. So Banks are fucked up.
Yep, same here. It's not a big amount and I even have some BNP-CAKE LP staked. Letting it just sit there.
tldr; The central bank of France has completed a 10-month trial of a central bank digital currency (CBDC) in the country's debt market. Over 500 institutions participated in the trial, including BNP Paribas, Crédit Agricole CIB, HSBC and Société Générale. The trial was led by Belgian financial services firm Euroclear and used a system developed by IBM. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Nearly 500 instructions in both primary and secondary markets were executed, though the value of the transactions has not been disclosed, according to a report Tuesday by the FinancialTimes. BNP Paribas, Crédit Agricole CIB, HSBC, and Societe Generale made up the consortium. Led by securities depository Euroclear, the pilot also included large French banks as well as the French public debt office, per the report. The CBDC trial is one of the EU’s largest to date with France regarded as one of the highest-profile eurozone members to launch such an experiment. Sweden, whose Riksbank is also toying with digitizing its national currency, uses the e-krona.
BNP told me not to invest in crypto as they will not let me withdraw my gains on their account. The control procedure is apparently to much for them.
VISA has been slowly taking over as the 'de facto' payment system in many countries in Europe over the years. VISA was standard on HSBC Debit a few years ago already, BNP Paribas has adopted VISA for all their customers this year (largest bank in Belgium) and ABN will do so most likely next year (Largest bank in the Netherland, based on rumours). Furthermore, they have been researching block chain for years already. I fully expect VISA to win the new 'payment' wars and that companies like Mastercard kind of... disappear, and that their success will be fueled by using block chain technology throughout their infrastructure.
DeFi is all ready being discussed seriously behind closed doors not just here in the west; many of the big name traditional banks all over the globe, have issued reports and investigations into the potential disruption DeFi could cause. French banking giant, BNP Paribas released a report where they discussed the technology behind cryptocurrency and how it could lead to making the traditional banks redundant; through p2p payments the traditional bank misses out as the middles man. Poor banker no more fees :( An analyst for the bank wrote about the software behind cryptocurrencies stating that it “should be considered as an invention like the steam or combustion engine, that has the potential to transform the world of finance and beyond.”, DeFi could be the start of a roll Wave of decentralisation throughout, business, governments and communities,
> Worst banks you'd like to see replaced by crypto? All of them. Not one needs to survive. Banks like HSBC, Bank of America, Wells Fargo, BNP Paribas, and so on... really most of these corporations needs to go. Stealing homes, getting off easy from stock market crashes, blocking crypto purchases claiming concern for security & money laundering, yet has no problems helping drug lords launder billions. > Which bank would you be most happy to see go away because of crypto? HSBC specifically. I'd like to see this garbage bank implode spectacularly.
PPC is like the BNP in England; hot-trash, xenophobic, anti-science, anti-critical-thinking bigots who prey on the fears of others. And shut the fuck up about vaccination passports; it is literally no different to your immunization records, it's only called a passport because it's required for international travel *Be-caaaause*..?! Say it with me, folks! - **WE 👏 DON'T 👏 WANT 👏 TO 👏 SPREAD 👏THE 👏 CORONAVIRUS 👏 ANYMORE 👏 THAN 👏 IS 👏 NECESSARY 👏 BECAUSE 👏 THAT'S 👏 HOW 👏 THIS 👏 PANDEMIC 👏 GOT 👏 STARTED 👏 IN 👏 THE 👏 FIRST 👏 PLACE!** Rant aside - "any" endorsement of Bitcoin should not be latched upon by the crypto community just for the sake of adoption.
Since 2000, banks around the world have had to pay more than $332 billion in penalties for violations of rules in the financial services world. The reasons for these violations are varied: * Mortgage abuses. * Fraud. * Toxic securities abuses. * Investor protection violation. * Economic sanction violation. * Consumer protection violation. * Foreign Corrupt Practices Act. * Anti-money-laundering deficiencies. * Banking violation. * False Claims Act and related. * Foreign exchange market manipulation. * Price-fixing or anti-competitive practices. * Interest rate benchmark manipulation. * Tax violations. I’ll stop here, but I assure you that the list is long. So here is the ranking of shame among banks, i.e. those with the highest total amount of penalties since 2000: 1. Bank of America - $82B 2. JPMorgan Chase - $35B 3. Citigroup - $25B 4. Wells Fargo - $21B 5. Deutsche Bank - $18B 6. UBS - $16B 7. Goldman Sachs - $16B 8. NatWest Group PLC - $13B 9. BNP Paribas - $12B 10. Credit Suisse - $10B
Since 2000, banks around the world have had to pay more than $332 billion in penalties for violations of rules in the financial services world. The reasons for these violations are varied: * Mortgage abuses. * Fraud. * Toxic securities abuses. * Investor protection violation. * Economic sanction violation. * Consumer protection violation * Foreign Corrupt Practices Act. * Anti-money-laundering deficiencies. * Banking violation. * False Claims Act and related. * Foreign exchange market manipulation. * Price-fixing or anti-competitive practices. * Interest rate benchmark manipulation. * Tax violations. I’ll stop here, but I assure you that the list is long. So here is the ranking of shame among banks, i.e. those with the highest total amount of penalties since 2000: 1. Bank of America - $82B 2. JPMorgan Chase - $35B 3. Citigroup - $25B 4. Wells Farfo - $21B 5. Deutsche Bank - $18B 6. UBS - $16B 7. Goldman Sachs - $16B 8. NatWest Group PLC - $13B 9. BNP Paribas - $12B 10. Credit Suisse - $10B
You are only making bucks off each other. Big money already controls most crypto. The wealth distribution in major blockchains like Bitcoin and Ethereum is like the wealth distribution in North Korea. Sad, but true. Whenever a buying opportunity presents itself trades will be prioritized towards big money. Coinbase, Kraken, and Binance are now the Wells Fargo, BNP Paribas and JP Morgan Chase. By the time your trade executes the "dip" will be gone. It's no accident that all the exchanges have a "read only" mode. In fact, with the way Ethereum works, and the reliance the entire crypto market has on ERC-20 "stablecoins" for liquidity right now, the blockchain itself is literally skewed towards those who can pay a premium to buy the dip. Crypto has become fundamentally broken. That's not a dig, but a reality. I'm a strong believer, but "getting started" in the crypto market today means gambling in a market that is heavily, heavily rigged—just as much, if not more so than other financial markets. There will be MASSIVE opportunities in the future. There will be massive crashes. We will see the collapse of some stablecoins. We will see some truly major hacks on custodial exchanges. But you have to recognize those opportunities, and you have to do it with the understanding that your gain will be someone else's loss. When a stablecoin collapses (I'm looking at you Tether) or an interest scheme (hi Nexo) implodes, there will be a lot of pain. You don't want to be on the losing end.
Don't forget... European Central Bank (ECB) used the Tezos DLT (not eth, sol, ada) for the Digital Euro experiment. Société Générale,third largest bank in the European Union by assets, created the digital Euro coin Lugh in collaboration with PwC using the Tezos DLT. Caisse des Dépôts et Consignations (CDC), the CDC is a public financial institution under the control of the French Parliament described as the “investment arm” of the French State. They are working with BNP Paribas (largest European bank by assets) in using the Tezos DLT for creating and issuing digital securities and regulatory compliance for the European Union. The Tezos DLT currently has over 3 billion USD of real estate and security assets “digitized” on the network. Examples include the St. Regis Resort in Aspen, Colorado and BNP Paribas (largest European bank by assets) to create a digital security investment fund with Logical Pictures called logical content ventures for the film industry. Tezos DLT is also being used by the city of Reno, Nevada to “digitize” public city property and Burning Man “Space Whale.” McLaren and Red Bull Honda Formula One racing to develop digital art memorabilia on the Tezos DLT. AUDI, BMW, Daimler, and Porsche are using the Tezos DLT as part of their infrastructure for their "full automation SAE 5" self-driving cars experiment. OneOf, a Quency Jones’s company, which enables people to own, trade, and self-custody music related NFTs on the Tezos DLT. Company has 63 million USD in venture backed capital. H=N, Truesy, and Kalamint, are companies which enable ownership, trade, and self-custody of “digital art” on the Tezos DLT. Ipocamp, a company that utilizes the Tezos DLT to protect personal and business documents, photos, and videos. USDC (Circle) and USDS (Stably), are companies which issue digital dollar stablecoins on the Tezos DLT. DigiSign, a company which enables digital signatures using the Tezos DLT which can be utilized to sign digital documents. Spruce, Tezos Profiles, Gravity, and Talao are companies utilizing the Tezos DLT for digital identification. Interpop, a company that is creating digital comic books utilizing the Tezos DLT that you can own and self-custody. Tezos DLT is being used by the following entities to create digital securities: BNP Paribas (largest European Bank by assets), Société Générale (third largest European Bank by assets), BTG Pactual (largest investment bank in Latin America), tZERO (overstock.com subsidiary), Tokensoft, Equisafe, Securitize, Fundament Group, Inveniam, Alliance Investments, Andra Capital, Globalcap, QR Capital, Vertalo, Sustain Exchange, Elevated Returns, Taurus Group, Baanx, Tokeny, and more. Tezos DLT also being used by the following government entities: National Information Agency (NIA) in Korea for digital identities, various cities in Switzerland and France for voting/digital currencies, and the French Army’s Gendarmerie’s cybercrime division (C3N) in collaboration with Europool to authenticate judicial expenses for investigations.
Tezos BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
Tezos achieved nothing? BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
I’ll bite BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
Societe Generale, Inacta, Incore, BNP paribas, BTG pactual. And more. Swiss and French banks in particular. Expecting more banks to follow and expecting Tezos to be the crypto most adopted by banks worldwide.
tldr; Out of the world’s top 100 banks by assets under management, 55 have invested in crypto and blockchain companies either directly or through subsidiaries. Barclays is the most active investor in the space with 22 investments, followed by Citibank with 14 investments and BNP Paribas with nine. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It's simple. ETH. Everything is built on ETHERERUM, nothing has the utility and wide adaptability that the ethereum blockchain has. Like NFT'S? Ethereum. Play Axies? Ethereum. Defi fan? Ethereum. Smart contracts? Ethereum. Forbes made a list of the top 50 companies using blockchain tech and 32 use ethereum. Met life, Mastercard, Cisco. Want to use a block chain for your businesses supply chain? Amazon and overstock both choose Ethereum. How about blockchain for banking and financial services? BBVA, BNP Paribas, Citigroup, Fidelity, Signature bank, UBS and Northern trust all trust Ethereum. Long story short there is nothing out there with the short term bullish potential or longterm guarantee of bullish future then Ethereum. If your not buying Ethereum as your first choice to invest in crypto then your expecting to have, at best, second place gains.
BNP Paribas is Europse biggest bank, and Societe generale is the 3rd biggest European bank. Both are working with Tezos. Source: https://thebanks.eu/top-banks-by-assets
> My Bank, Bnp Paribas Polska, blocked 3 accounts of mine because of “strange activities” Hilarious really, because BNP Paribas appears to also be dabbling in cryptos on the down low. Should've asked them if they should block their own accounts for "strange activities". https://np.reddit.com/r/CryptoCurrency/comments/p432rp/survey_shows_55_of_100_worlds_top_banks_have/
Societe generale and BNP paribas are already using Tezos. BNP paribas is the biggest bank in Europe.
Worst thing is that BNP is one of the bank groups heavily invested in Crypto and Blockchain. Absolut shitshow.
BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
I know but it's still connected to main BNP Paribas I think? I need to check this
Who says they aren't? Some very large players are offering ETFs or building/researching their own tokens (e.g., BNP Paribas and Tezos).
In a way ADA and XTZ have already done that quite well, with ADA focussing more on 'banking' the third world (e.g., Africa) while XTZ has been focussing on first world and integrating in the fortune 500's (BNP Paribas, etc.). I skipped ETH in this comment as I think most are well aware of what it does.
As per a recent report from crypto research firm Blockdata, over fifty five of the world’s biggest financial institutions have already invested in crypto- and blockchain-related startups. “The most active investors based on the number of investments in blockchain companies are Barclays (19), Citigroup (9), Goldman Sachs (8), JPMorgan Chase (7) and BNP Paribas (6).”
Tezos affiliated entities include: Microsoft, BMW, Audi, Deutsche Bahn, Emirates, Ubisoft, PwC, Deloitte, RedBull, McLaren, Puma, Societe generale, BNP paribas, AC Milan, BTG pactual, EDF, Bank of France, Renault, United Nations, Red Cross, French millitary police.....and more
I want to add to Tezos FutureSense: Korean tech company building decentralized identity solutions on Tezos, as well as token based data marketplaces. Geared towards the Korean National Police Agency (NIA). FutureSense has connections to Microsoft, Amazon and also Ethereum. Gravity: Working with several African countries, United nations, Red Cross and other NGO´s to provide decentralized identity services. Gravity Earth is using Tezos and they work with some of the most prominent players in decentralized identity. Electis: Working together with 100+ universities around the world to test decentralized voting. Electis is currently being used by several french and Swiss towns to vote on projects. The wealthiest town in France use Electis. Built on Tezos. Werenode: Building peer to peer electric vehicle charging by using Tezos. People can share and rent out their electric chargers to others. Team members previously worked for Renault and Mitsubitshi. Building their own EV chargers that are past the prototype stage. The whitepaper for Werenode was written in collobation with Renault. BMW/envited ecosystem: BMW, Mercedes-Benz, Porsche, Audi and many other companies have been researching on Tezos for a long time, for purposes related to autonmous driving. Expecting more updates soon. More than 50 companies have been involved in this work group, and they have been working together with french car companies as well. Together, the most advanced research on the future of autonomous vehicles in the world. Work together with Siemens and other leading tech companies. KoinArthe/marketsN: B2B supply chains using Tezos combined with a private permissioned blockchain. Current clients include: MG motors (owned by SAIC Motor, which is a fortune 100 company and one of the biggest companies in China.) Rakuten, samunnati, MVL chain, Hindalco industries. Talao: Building decentralized identity for the human resources industry. Maybe the leading project in Europe doing this. Working with European regulators. Potential to be adopted by hundreds to thousands of companies. EU approved Spruce systems: Building decentralized identity on Tezos. Rumored to be working with big companies. Societe Generale: One of the biggest banks in Europe. Have launched several products on Tezos, and been involved a lot in the ecosystem. BNP paribas: One of the biggest banks in the world. Are working together with the core Tezos development team, Nomadic Labs. BTG Pactual: One of latin americas biggest banks. Have launched STO´s on Tezos. EDF \*\*Électricité de France/\*\*Exaion: One of the biggest companies in the world providing electricity. Revenue past 70 billion euros. Exaion the daughter company of EDF runs a validator node on Tezos and researches Tezos for usecases. In 2009, EDF was the world's largest producer of electricity. EDF also manages most of the nuclear reactors in France. Wakam insurance: French B2b insurance company that runs a validator node on Tezos and do research on how they can use Tezos tech in insurance. Has many companies as customers like Yamaha. Groupe Casino: 11,000+ retail stores worldwide. Owns several big companies like Extra, Cdiscount, Spar. Groupe Casino have made a EURO stable coin on Tezos that they will likely start accepting in their stores. Revenue tens of billions. Unity AG: One of the biggest tech consultant firms in Europe, and they are actively involved in Tezos development and research. Sometimes post on the Tezos forum suggesting stuff. Customers include: Microsoft, Adidas, Airbus, Lufthansa, Deutche Bahn, BMW, Swiss Air, Miele, Deutche Post, Volkswagen, Eurowings, Continental, KION group, Audi, Mercedes-Benz, DIEHL aviation, Mondi and many more. Emirates Group/Puma: Currently working with Tezos ecosystem, Puma and AC Milan on a sport contract platform. Red Bull. Technical multi year long partnership. Will launch a NFT platform on Tezos Mclaren: Technical multi year long partnership. Will launch a NFT platform on Tezos City of Reno, Nevada: The city of Reno is building a DAO on Tezos, and also tokenizing art owned by the city on Tezos. OneOF: Music NFT platform built on Tezos. Backed by many world famous artists that will launch their NFT´s there. French Millitary: Been using Tezos Diginex/Ethical toy programme: IOM and Diginex deployed eMin – a mobile-optimized and blockchain-based platform developed by Diginex and built on the open-source and secure Tezos Protocol – in the garment manufacturing sector in Thailand. eMin stores information about employment conditions and contracts, recruitment experiences and migration-associated costs, which are uploaded by migrant workers on a transparent and immutable ledger. GoEurekaTravel: Trying to connect hotels directly with customers, without 3rd parties. Allegedely are working together with many well known Hotels. Built on Tezos. Ubisoft: Runs a validator node on Tezos and plans to use Tezos to launch NFT´s. Chefs Club/BITE token: ‘Chefs Club Collective’ is an initiative that aims to help the restaurant industry by allowing consumers to provide direct funding to participating restaurants. Built on Tezos for the resturant industry. Sword Group: Sword France is an international leader in digital transformation that has engaged significantly with blockchain technologies. The French team is executing a Tezos based digital signature project to fight against document fraud and fake invoices Real estate STO companies: Vertalo, Tzero, Tokensoft, Fundament, Baanx, Dealbox, Alliance Investment, Elevated returns, Dalma capital, Andra capital, Securitize, Globacap, Equisafe, REI Capital, Sol RE, Sword Group, The blockhcain group, coinhouse, Diginex, smart crowd, Fireblocks and more. Tezos is silently being adopted by a lot of huge companies. Might have the 2nd most adoption in crypto by big companies after Ethereum. This list is far from complete, there´s a lot more companies ivolved with Tezos.
tldr; According to data published by Blockdata, most major banks have invested in crypto and blockchain-related companies in 2021. Barclays, Citigroup, Goldman Sachs, J.P. Morgan Chase and BNP Paribas are the most active investors based on the number of investments in blockchain companies. ISW Holdings, Canaan, BIT Mining, CleanSpark, and Hut 8 Mining are among the companies that have signed agreements with Bitmain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
If we add up the assets of the companies involved with Tezos, it comes close to $10 Trillion. So, you can say there is no lack of big money and companies involved with the projects. BNP paribas, Societe generale, groupe casino, emirates group, puma, red bull, ubisoft, BMW, EDF. Billion dollar companies.
- BNY Mellon - Citibank - UBS - BNP Paribas - Morgan Stanley - JPMorgan Chase - Goldman Sachs - MUFG - ING - BBVA - NOMURA - Barclays They have invested a total of $2.6 billion in crypto-related companies
Let’s do a comparison of backing between padswap.exchange, tether and the worlds largest banks. Tether is only cash backed by 2.9% ICBC: .92% CHINA CONSTRUCTION BANK CORP: .82% MITSUBISHI UFJ FINANCIAL GROUP: .93% BANK OF CHINA: .86% JP MORGAN: .85% HSBC: .9% BNP PARIBAS: .8% BANK OF AMERICA: .74% WELLS FARGO: .83% How much is toad.networks farming token pad backed by? 8.4% and climbing 1% per week!! https://dapps.padswap.exchange/vault/ Not only is pad going to have a rising price floor, floating index with combination of coins creating this price floor, with partners growing and #launchpad being dropped, the vault is going to start blowing up. Padswap.exchange not only gives you the opportunity to take advantage of ongoing high APY farms, the vault itself becomes an incredible passive income stream.
Let’s do a comparison of backing between padswap.exchange, tether and the worlds largest banks. Tether is only cash backed by 2.9% ICBC: .92 CHINA CONSTRUCTION BANK CORP: .82 MITSUBISHI UFJ FINANCIAL GROUP: .93 BANK OF CHINA: .86 JP MORGAN: .85 HSBC: .9 BNP PARIBAS: .8 BANK OF AMERICA: .74 WELLS FARGO: .83 How much is toad.networks farming token pad backed by? 8.4% and climbing 1% per week!! https://dapps.padswap.exchange/vault/ Not only is pad going to have a rising price floor, floating index with combination of coins creating this price floor, with partners growing and #launchpad being dropped, the vault is going to start blowing up. Padswap.exchange not only gives you the opportunity to take advantage of ongoing high APY farms, the vault itself becomes an incredible passive income stream.
1. Standard Chartered - $380 million and 6 investments Investments at the bank include blockchain network Ripple, whose XRP token has a capitalization of around $48 billion, according to Coinmarketcap.com, making it the sixth-largest cryptocurrency by market value. It's also an investor in Cobalt, a trading technology provider based in the UK. 2. BNY Mellon - $321 million and 5 investments On BNY's roster is Fireblocks, whose platform allows financial institutions to issue, move and store cryptocurrencies. Banks have been investing the most in the area of crypto custody, or services under which companies look after their clients' digital assets for a fee, said Blockdata. It found 23 of the top 100 banks are either building their own custodial technology or integrating a tech provider's product into their own systems. 3. Citibank - $279 million and 14 investments The fourth-largest bank in the US by assets has invested in SETL, whose ledger technology is used to move cash and other assets. 4. UBS - $266 million and 5 investments The Swiss banking heavyweight's lineup includes Axoni, whose technology is used to modernize infrastructure in capital markets. 5. BNP Paribas - $236 million and 9 investments The French financial group was working with Digital Asset to develop real-time trade and settlement applications using smart contracts based on the DAML programming language. 6. Morgan Stanley - $234 million with 3 investments One of its investments is NYDIG, a crypto custody firm and the bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager. 7. JP Morgan Chase - $206 million and 8 investments ConsenSys, an ethereum software company, has received backing from the largest bank in the US. 8. Goldman Sachs - $204 million and 8 investments Its list includes Coin Metrics, a provider of blockchain data to institutional clients. 9. MUFG - $185 million and 6 investments Japan's Mitsubishi UFJ Financial Group has invested in Coinbase, the US cryptocurrency exchange that went public in April, and in Bitflyer, a Tokyo-based cryptocurrency exchange. 10. ING - $170 million and 6 investments The Dutch multinational has backed HQLAx, a blockchain liquidity management platform. 11. BBVA - $167 million and 5 investments The Spanish lender's list includes Covault, whose technology is used to store, share and verify identities. 12. Nomura - $146 million and 5 investments Quantstamp, a blockchain security firm, is one of the companies the Japanese bank is backing. 13. Barclays - $12 million and 22 investments The British multinational's list of investments includes RealBlocks, a tech platform that connects advisors and investors to alternative investment.
tldr; Over half of the 100 largest banks in the world by assets under management reportedly have exposure to cryptocurrency and blockchain technology through projects in the space. Barclays, Citigroup, and Goldman Sachs are among the most active. JPMorgan and BNP Paribas are also active in the industry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Here's the list in case anyone's wondering: * Standard Chartered * BNY Mellon * Citibank * UBS * BNP Paribas * Morgan Stanley * JP Morgan Chase & Co. * Goldman Sachs * MUFG * ING * BBVA * Nomura * Barclays
tldr; According to research by Blockdata, out of the top 100 banks in terms of assets under management, 55 have made investments in cryptocurrencies and/or blockchain startups. Barclays, Citigroup, and Goldman Sachs are among the most active supporters of crypto and blockchain startups, with JPMorgan and BNP Paribas recognized as serial investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
No one is using Tezos? There are a ton of entities using it. BNP Paribas, Societe Generale, Tzero, BTG Pactual. Just Google any one of these entities and Tezos and you'll find what I'm talking about. And it is not just banks but many other entities as well for digital identification, NFTs, and defi. Oh and must not forget another small entity using it as well called the European Central Bank for the digital euro expirement. See here and look at figure 2 and read through the text. https://web.archive.org/web/20210727072717/https://www.banque-france.fr/sites/default/files/media/2021/07/26/821220_digital_euro_0.pdf
Tezos BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
tldr; US Treasury Secretary Janet Yellen has been accused of corruption due to receiving $7.2 million in ‘speaking fees’ from just Citi bank and the Citadel hedge fund. Yellen’s official limited disclosure reveals she received millions more from other banks like Barclays, BNP, UBS, and more. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
They certainly are. It’s a bit freaky though that BNP is one of the banks that invested in Crypto and BC Tech. ~3B
BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works. Some of these mentioned are using Tezos now, while others have been researching on Tezos. Tezos might become a blockchain used by the entire global car industry, but it´s too early to tell. Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption
BMW, Audi, porsche, Red Bull, Mclaren, AC milan, Puma, Ubisoft, Korean police, korea top telecom company, Societe generale, Mercedes-Benz, Emirates group, BNP paribas, Groupe casino, BTG pactual, United nations, Red cross, Several french and swiss towns, Reno Nevada, 20+ real estate companies. STO exchanges being built suported big big companies. Decentralized identity for human resource management and several countries in the works Defi, NFT´s, Supply chains, Decentralized identity, Decentralized voting, NGO humanitarian aid, p2p electric vehcile charging, hotel and restaurant industry (working with big companies), ​ 1000+ TPS before end of year possibly and quick finality soon. + liquidity baking making Tezos one of the most liquid cryptos. 3 years since mainet was launched. Parabolic growth in smart contract usage over tha last months. Big music NFT platform coming soon, where some very famous artists will launch music NFT´s. This will attract a lot of users to Tezos. 1000+ devs in the Tezos ecosystem. Only beaten by ETH and possibly DOT. Amount of Tezos devs is increasing fast. Biggest tech consultant firm in Germany likes Tezos. They advise microsoft on new tech innovation. And are one of the top experts on new tech solutions. They have been actively involved in Tezos. Tezos is capturing the STO and decentralized identity market which will both be huge. Huge potential for adoption.
There's been several other coins back in 2017 which were poised for glory but failed. There were all with prominent partners as well. I did a thread some time before and I collected some data of coins which were promising with low market cap back in 2018, and there they are in April 2021. [This is the result of it](https://i.imgur.com/YZdKbZ3.png). We've seen projects such as MOD, and HST that worked closely with UN and UN Food and Agriculture going from ranked 168, and 200- to ceasing to exists. Then we also have PIX/Lampix whom had worked with BMW, Bloomberg, Nespresso, PwC and BNP Paribas- just got wiped out of the map. Nothing is certain in the future. Companies come and goes. I don't think people are missing on Tezos. I think gradually, you'd see the true value of it.
If this is BNP, which I presume it is.. I’m still able to purchase crypto. I’ve read about others on /r belgium that they weren’t able to do so anymore and even had their contracts with the bank cancelled. Strange world we live in. We work out asses off to not even be able to have a decent pension and on the road there, we can’t even do wat we want WITH OUR OWN MONEY!!! If BNP ever limits me from buying crypto, I’ll take my business elsewhere and never look back.
2012-2017 = Institutions entered crypto and financed the creation of exchanges and wallets, they entered mining, the establishment of shitcoins 2017 - Bitcoin maximalists has been promising for 4 years that the institutions will enter the BTC and that the BTC is to fight the banks (͡º ͜ʖ͡º) And why should they do it, if the largest banks in Europe which Edmond de Rotschild lists CEOs as gloves, e.g. BNP Paribas have long ago invested in building a crypto ecosystem so that you could fight crypto with the XDDD banking system https://www.cbinsights.com/research/financial-services-corporate-blockchain-investments/
If you want something innovative but with a small marketcap you should research $SUPERB , superbid.io. It has a great potential to grow over the years as its based on social media influencing and auctioning. It has an unique staking mechanism that the CTO Wojciech Sobczuk came up with himself. He's the creator of the social media portal before the era of facebook, look him up. Couple of big names on board as well. Superbid has partnershipped with Logan Paul and Amanda Cerny is the sponsor of the WTA BNP Paribas OPEN in Poland with some of the best tennis players in the world. Latest partnership with Astrobotic is said to be taking SuperBid tokens to them moon as the first token in the aorld alongside with BTC. I dont want to make this comment a degenerate shill. I've been in this project sonce the begging and I've seen ups and downs but one thing is certain. The team is dedicated to this project has shown their faces during livestreams. It might be a game changer. Its for you to decide. I strongly encourage you to DYOR. I think it wont be disappointing.
If you want something innovative but with a small marketcap you should research $SUPERB , superbid.io. It has a great potential to grow over the years as its based on social media influencing and auctioning. It has an unique staking mechanism that the CTO Wojciech Sobczuk came up with himself. He's the creator of the social media portal before the era of facebook, look him up. Couple of big names on board as well. Superbid has partnershipped with Logan Paul and Amanda Cerny is the sponsor of the WTA BNP Paribas OPEN in Poland with some of the best tennis players in the world. Latest partnership with Astrobotic is said to be taking SuperBid tokens to them moon as the first token in the aorld alongside with BTC. I dont want to make this comment a degenerate shill. I've been in this project sonce the begging and I've seen ups and downs but one thing is certain. The team is dedicated to this project has shown their faces during livestreams. It might be a game changer. Its for you to decide. I strongly encourage you to DYOR. I think it wont be disappointing.
The most banks out there are stupid mf with too much power. My previous bank "Consorsbank/BNP Paribas" closed my accounts because I bought crypto.
tldr; The Bank of France said it carried out its fifth experiment with central bank digital currency (CBDC) in March with a number of investment banks such as BNP Paribas and the clearinghouse Euroclear. The bank said the experiment was conducted with the European blockchain firm LiquidShare and involved the issuance and settlement of both unlisted and listed securities using blockchain technology. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Vechain is highly centralized, and more of a company than a cryptocurrency. And not really that much bigger partnerships either. Tezos is working with BNP paribas which is the biggest bank in Europe. Also with a lot of billion dollar companies. So, vechain does not have much bigger partnerships.
Also take into account that there is huge money surrouding Tezos. BNP paribas, Emirates group, societe generale, BTG pactual, EDF group, ubisoft, BMW. Total assets of these entities here are 8Trillion+ Eur. 8 Trillion. Of course you can say well how does it matter and all that. Point is that Tezos has no lack of money and big companies that have been getting involved. And its likely just the begining. BNP paribas is the biggest or 2nd biggest bank in Europe. Working with core Tezos developtment team. A team that is highly respected and where 40+ people have a PHD in computer science.
The Norwegian Sovereign Wealth Fund (the largest in the world), Aegon, Allianz Group, BNP Paribas.. I can go on a fair bit. It's literally all the top 50 asset managers except for 1 that have signed the UN PRI, for example.
Yep... But if you need 1% of your crypto and turn into fiat then government tax you 30% on it (in my country). And I read on many forums that banks like Société Générale or BNP froze account because of 'potential illegal activity' since they didn't know why the money came from abroad. One day when we'll be able to use crypto in the real world without being tracked...maybe..
Can confirm. BNP was the first bank to Block my monthly crypto payments to coinbase. The only reason was that 'they have received complaints about illegaal transactions'. No argument could persuade them to allow MY Money transferred to Coinbase.
I fucking hate BNP, dirty bastards
The bank I work for is bigger than BNP, we have no restriction on trading crypto. Our dealing policy only covers certain shares and no shorting anything.
Well then its not the entire bank, my dad has never had a problem: he's the one who introduced me to crypto currencies. He's a fairly known member of BNP as well
BNP Paribas I guess :-) Really simple: they cannot legally forbid you to buy crypto or talk about crypto as long as you make it clear you are talking personally and not of behalf of the bank (so better no talking about it on LinkedIn) They can of course find "some reason" to fire you, and you could go to court to "fight" this firing, and they will probably be able to pay better lawyers, etc.
My guess is there is some backdoor discussions going on, and France wants to regulate the crypto market in the EU, BNP and credit agricole are probably pretty deep in the discussions if they exist and may be trying to clamp down on any internal liability should it come. My 2 cents as it were.
I swear, this must be BNP.
Probably BNP, they seem to have shifted their view recently.
Ubisoft, RedBull, Mclaren, societe generale, Microsoft, BMW, EDF group, Emirates group, Puma, BNP paribas, Unity AG, United nations, Red cross, Renault, vertalo, Tzero, tokensoft, Elevated returns, BTG pactual, Casino groupe, cdiscount, Securitize, globacap. Just some of the companies involved with Tezos. Face it already, Tezos is a top 5 crypto when it comes to adoption by companies.
Banks such as Barclays Investment Bank, BNP Paribas, JP Morgan, Goldman Sachs, HSBC Advisor are already working with cryptocurrency projects like ALBT And as far as I know Goldman Sachs is starting to trade bitcoins, so other countries will accept it I think Cryptocurrency is growing so fast you can't beat it
That page is really bad. A bank gets full green, just because it has only 2 votes, which makes it look better than other banks just because they have more votes with a couple of bad ones. Also BNP Paribas in France is voted negative while Consorsbank in Germany is green. Consorsbank is a brand of BNP Paribas, so they are the same company.
Yes, I forgot about Ravencoin. They definitely have a few STO´s. Tezos is still taking over tho. Just wait until BNP Paribas, top 10 bank in the world starts to issue STO´s using Tezos.
Britain for the British, kick the other coins out our country Reminds me of a BNP campaign 😂
After covid this trick might be an easy way up again after the systemfail. Take India.BNP down 7% in 2020 and poor people have no chance in hell to get back up. BTC might change that.
https://i.imgur.com/BNP65AP.png Yeah this isn’t a good hedge against inflation LOL the delusion is real
https://i.imgur.com/BNP65AP.png “Just a healthy correction, it’ll reverse and go back to 64k any minute now” lmfao
BNP Paribas is also allegedly working with Tezos.
Well RedBull will actually use the Tezos blockchain. Its not just a sponsorship deal. Ask BMW, Audi, the french millitary, United nations, Red Cross, ubisoft, societe generale, BNP paribas why they all like Tezos.
# 1. Rule "Prefixes" and ICC For anyone confused on the prefixes, DTC, ICC, and OCC are all different clearing entities and they all submit their own rules. They all operate different parts of the market. In a more general sense, DTC = stocks, ICC = default swaps, OCC = options. Since we're talking ICC, you probably want to know who's a member of them. Well, it's banks. Lots of banks. Lots of big banks for that matter: >ICC apparently operates the NYSE group. > >ICC is composed of all of these banks: Bank of America, N.A., Barclays Bank PLC, Barclays Capital Inc., BNP Paribas, BNP Paribas Securities Corp., BofA Securities, Inc., Citibank N.A., Citigroup Global Markets Inc., Credit Suisse International, Credit Suisse Securities (USA) LLC, Deutsche Bank AG, Goldman Sachs & Co. LLC, Goldman Sachs International, HSBC Bank USA, N.A., HSBC Bank plc, HSBC Securities (USA) Inc., JPMorgan Chase Bank, National Association, J.P. Morgan Securities LLC, Merrill Lynch International, Morgan Stanley Capital Services LLC, Morgan Stanley & Co. LLC, Nomura International PLC, Nomura Securities International, Inc., Société Générale, SG Americas Securities, LLC, The Bank of Nova Scotia, UBS AG, London Branch, UBS Securities LLC, Wells Fargo Securities, LLC # 2. New Rule Summaries **SR-ICC-2021-008 -** https://www.sec.gov/rules/sro/icc/2021/34-91918.pdf * Approved and I believe in effect. * Updates to their "model" on determining margin requirements / risk management. * Makes a note that the model will take into account scenarios of **extreme price decreases and extreme price increases**. * The model will take into account **hypothetical extreme movements**. So it is forward-looking. If they determine a security **will have** an extreme movement, they'll take that into account in their model. AKA, "X is going to go up next week. We are going to calculate your risk is based on IF it actually goes up". **That's nuts!!** * Pair this with SR-ICC-2021-007, the haircut rule, which eliminates some collateral, and you've got an easy way to just rip the plug from these guys and margin call them (have a defaulting member). SR-ICC-2021-007 will be in effect TOMORROW. **SR-ICC-2021-007 -** https://www.sec.gov/rules/sro/icc/2021/34-91894.pdf * Updates to haircut rule and collateral that can be used for your capital. * Haircuts are additional subtractions to your total capital. You want to maintain enough capital to not default. * They are allowed to introduce higher haircuts depending on volatility of securities and the general market. Easier to margin call. * Badly-backed collateral cannot be used any more, which eats away more at your net capital. * E.g. Think of Citadel's BBB- bonds. Those are poorly backed, literally the worst kind of bonds. If you had $600 million in these bonds as collateral, then the ICC could say, "Nope. Can't use that". **It's possible that the $10-15 Billion bonds the big banks got in April are going to be rejected for collateral.** **SR-ICC-2021-014 -** https://www.sec.gov/rules/sro/icc/2021/34-91922.pdf * Immediately effective, but starting **June 1, 2021** * They're giving discounts on credit default swaps to make them more enticing for the 2nd half of 2021. * This implies that nobody is going to want to do default swaps with ICC while in a suffering market. So they're introducing incentives to hopefully bring in more customers. * They are giving out \~25% discounts, which seems pretty damn big. **SR-OCC-2021-006 -** https://www.sec.gov/rules/sro/occ/2021/34-91920.pdf * Reducing fees of option contracts for clearing because they believe it can be reduced while still maintaining enough revenue for the OCC. * Just them wanting to reduce fees to the OCC members because they have enough money sloshing around already. * They propose it will come into effect **June 1, 2021**, "because OCC believes that this date is the first date that the industry could be prepared to process the new fee without disruption based on consultations with market participants." * Does this mean they expect some disruption between now and June 1? Maybe. **SR-ICC-2021-005 -** https://www.sec.gov/rules/sro/icc/2021/34-91806.pdf * Already in effect as of Friday, May 14, 11:59PM EST. Literally last minute filing. * This is basically the DTC-004 equivalent for ICC. This is their unwinding plan in the event of extreme market stress in order to remain afloat by wiping out members with high risk positions. * Something really cool is they'll not only wipe out members who default on a certain security, they'll wipe out similar positions in that same security of all their other members IF it's high risk/stress to the market. E.g. if a member defaults due to their position in X, then they'll cascade that to all other members who hold a position on X and tell them to get rid of it. This could inevitably lead to more defaulting members. * This means ICC is getting ready for member defaults # 3. Other TL;DR 1. SR-ICC-008 will perform a **HYPOTHETICAL** situation of extreme price movements when determining margin requirements. 2. SR-ICC-007 will rip their collateral from them and introduce higher haircuts, making the model from 008 easier to hit their risk threshold and be margin called. 3. SR-ICC-005 will cause all other members to eliminate their risky position if it causes any member to default from that same position. Cascade/snowball effect.
It's not just shitcoins that will die. Coins with prominent working use case and partners will die too. (Copied my comment from another thread); === Power Ledger ranked #71 back in 2018, dropped to the far end of #265 in 2021. They worked with AUS Gov. MODUM ranked #168 back in 2018, has now ceased to exist. They worked with UN Food and Agriculture Org. Horizon State ranked #200 back in 2018, has now ceased to exist as well. They worked with United Nations, and SAP. Honorable mention of LOMOCOIN (Gotcha! Mall Japan); and PIX (BMW, Bloomberg, PwC, BNP Paribas)- both had their lights turned off. === It is inevitable.
I did some research on promising coins back in 2017 that died. (Copied my comment from another thread); === Power Ledger ranked #71 back in 2018, dropped to the far end of #265 in 2021. They worked with AUS Gov. MODUM ranked #168 back in 2018, has now ceased to exist. They worked with UN Food and Agriculture Org. Horizon State ranked #200 back in 2018, has now ceased to exist as well. They worked with United Nations, and SAP. Honorable mention of LOMOCOIN (Gotcha! Mall Japan); and PIX (BMW, Bloomberg, PwC, BNP Paribas)- both had their lights turned off. === People really do need to consider what they have.
That's the point though, isn't it? In a game of speculation, we shouldn't get consumed in our very own silos. Allow yourself to change your mind, because no coins despite their promising partnerships could have a 100% chance to see it through. ​ Coins which had promising partners died between the period of 2017-2021 *(Copied my comment from another thread)*; === Power Ledger ranked #71 back in 2018, dropped to the far end of #265 in 2021. They worked with AUS Gov. MODUM ranked #168 back in 2018, has now ceased to exist. They worked with UN Food and Agriculture Org. Horizon State ranked #200 back in 2018, has now ceased to exist as well. They worked with United Nations, and SAP. Honorable mention of LOMOCOIN (Gotcha! Mall Japan); and PIX (BMW, Bloomberg, PwC, BNP Paribas)- both had their lights turned off. === Things change very fast in this crypto-space. The best thing we can do is to never work in silo, and always keep the conversation going.
It's not just memecoins that'd be dead. Some coins which had promising work partnership died as well. To name a few; Power Ledger ranked #71 back in 2018, dropped to the far end of #265 in 2021. They worked with AUS Gov. MODUM ranked #168 back in 2018, has now ceased to exist. They worked with UN Food and Agriculture Org. Horizon State ranked #200 back in 2018, has now ceased to exist as well. They worked with United Nations, and SAP. Honorable mention of LOMOCOIN (Gotcha! Mall Japan); and PIX (BMW, Bloomberg, PwC, BNP Paribas)- both had their lights turned off. I get your point, that meme coins are riskier- but I'm just saying, it's the wild west over here. Even coins with promising partnerships dies.
$BAX is the future of Defi, already started being recognized as being one of the key player in the Digital Led retail banking out there alongside first class banks such as Citigroup and BNP Paribas. $BAX is the next big thing about to go parabolic.