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GenZ’s Toolkit for a New Bangladesh: Blockchain
9.9.2024
Widespread corruption led to Bangladesh’s recent student-led revolution, toppling Prime Minister Sheikh Hasina. Blockchains can help secure it by offering greater transparency, says Sharmeen Shehabuddin, Social Media Lead at Consensys
Bangladesh’s savings update: Forex reserves fall to $15.82 billion
5.12.2023
Bangladesh foreign exchange reserves 2023 have been declining with net reserves currently at $15.82. Bangladesh forex reserves were at $48 billion in August 2021, recording the highest foreign exchange or simply forex is the act of trading currencies. Forex traders speculate on the price movements...
Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request
20.6.2023
In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a formal invitation to join the BRICS bloc. Speaking...
9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
25.5.2023
Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center stage. In addition to the officials from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka...
Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity Issues
16.5.2023
Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was made due to the issues of liquidity in foreign currency that Bangladesh faces, which are disrupting...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
3.4.2023
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries...
Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor
15.1.2021
Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions
HSBC Carries Out Bangladesh’s First Blockchain Letter-of-Credit Transaction
3.11.2020
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit
HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore
3.11.2020
HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit
Bangladesh to get its first blockchain remittance service
9.9.2020
Standard Chartered Bank has launched the first remittance service in Bangladesh
Standard Chartered Conducts First Blockchain Trade in Bangladesh
16.8.2020
Bangladesh is now on the blockchain map
Bitcoin Usage up in Vietnam, Bangladesh & S Africa - Blockchain.com
14.7.2020
The total number of bitcoin (BTC) wallet transactions has spiked in Vietnam, Bangladesh, and South Africa, with monthly activity figures up 25%, 16% and 15.9% respectively on major wallet and exchange platform Blockchain.com.
The company shared the news in a blog post, adding that although...
IBM Pilots Blockchain Solution For Primary Teachers' Pensions in Bangladesh
13.6.2020
A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system
UAE Bank Opens Bangladesh Remittance Corridor using Ripple’s Blockchain Tech
12.5.2020
RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet
Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet
13.2.2020
Bangladesh-based Bank Asia becomes a member of Ripple’s RippleNet blockchain-enabled remittances network
U.S. Sanctions North Korean Hacking Groups for Supporting illicit Weapon and Missile Programs
15.9.2019
Recently, the U.S. has sanctioned three elements it blamed for executing cyber attacks in the interest of the North Korean government to help Pyongyang’s “illicit weapon and missile programs.” Further, the operation might focus on the Bluenoroff, Lazarus Group, and Andariel,...
Bangladesh Embraces the World’s First Blockchain-Based Smartphone
9.9.2019
Another major leap of blockchain technology is marked as Bangladesh embraces the world’s first smartphone built on top of blockchain technology—Finney. The smartphone, manufactured by Sirin Lab based out of Switzerland, has recently been cleared by Bangladesh Telecommunication Regulatory Commission...
World’s ‘First’ Blockchain Smartphone to Become Available in New Market
9.9.2019
Blockchain smartphone Finney will become available on Bangladeshi markets in October, following regulatory approval