- Crypto Corner: #UAE and Saudi Banks Working on Joint Digital Currency for Cross-Border Payments, #Samsung Applies for 3 #Blockchain Patents in EU - Crypto Corner: #UAE and Saudi Banks Working on Joint Digital Currency for Cross-Border Payments, #Samsung Applies for 3 #Blockchain Patents in EU

Crypto Corner: #UAE and Saudi Banks Working on Joint Digital Currency for Cross-Border Payments, #Samsung Applies for 3 #Blockchain Patents in EU

December 12th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch

Point Roberts, WA and Delta, BC - December 12, 2018 ( Newswire), a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
Listen to today's Crypto Corner Podcast:

Crypto Corner: # UAE and Saudi Banks Working on Joint Digital Currency for Cross-Border Payments, #Samsung Applies for 3 #Blockchain Patents in EU

Subscribe to Podcast RSS feed:

UAE and Saudi Banks Working on Joint Digital Currency for Cross-Border Payments, Samsung Applies for 3 Blockchain Patents in EU, Dutch Central Bank to Require License for Crypto Businesses and Gemini Releases Mobile App

Stocks discussed: (KSE:005930)

Total market capitalization has seen a slight improvement over the last 24 hours with a gain of about $4 billion USD since yesterday's Crypto Corner. This puts the total market cap at $111 billion at press time, according to data from CoinMarketCap. Most of the top 100 coins listed by market cap are in the green, with the ones that aren't mostly being stablecoins anyway.
A report from Gulf News states that the central bank of the United Arab Emirates (UAE) is working with the Saudi Arabian Monetary Authority (SAMA) on a joint digital currency to be used in cross-border transactions between the two countries. In a speech at meeting for the Arab region on global banking standards and regulatory and supervisory priorities, the UAE central bank governor, Mubarak Rashed Al Mansouri, said:
"This is probably the first time ever that witnesses the cooperation of monetary authorities from different countries on this topic and we hope that this achievement will foster similar collaboration in our region."
According to Dutch outlet Galaxy Club, electronics giant Samsung (KSE:005930) has filed for three blockchain-related patents in the European Union. They are called 'Blockchain KeyStore', 'Blockchain KeyBox' and Blockchain Core'. The article, citing an unnamed source, says that more information will soon follow.
Another Dutch outlet, De Telegraaf, reports that the Dutch central bank will require crypto exchanges to have a license. The aim of this regulation is to prevent money laundering and the funding of terrorism.
Gemini CEO and co-founder Tyler Winkelvoss announced the launch of the Gemini mobile app for trading cryptocurrencies in a Medium post yesterday. The app allows users to: buy and sell on the go, monitor market prices and portfolio, set price alerts and recurring buy orders and more.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors: - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at

More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals and
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary
About - News that Inspires Big Investing Ideas About - News that Inspires Big Investing Ideas is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI. 
The podcasts are also available on iTunes, Spotify, Tunein, Stitcher,, iHeartRadio and Google Play Music.
Visit the Podcast page at
Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: Learn more about Investor ideas podcast and news publication services and costs
Cryptocurrency Disclaimer news content is not meant to be a solicitation to buy or sell cryptocurrencies and does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an content brand
Please read privacy policy:
Learn more about our news, PR and social media services at
Follow us on Twitter