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China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
This Tiny Bank Gave Bitcoin to Its Entire Staff. Now It‘s Taking Crypto Clients
9.8.2019
Quontic, a small bank in New York, has started working with crypto firms, joining the very short list of institutions to embrace the sector
Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...
Israeli Cryptocurrency Traders Locked Out of Banking System: Report
8.8.2019
Crypto startups are hitting a snag when it comes to Israeli banks
Coinbase Custody Adds New York Banking Regulatory Experts to Its Board
8.8.2019
New York banking regulatory experts Richard Neiman and Robert Easton will now be a part of Coinbase Custody’s Board of Directors
Novogratz’s Crypto Bank Galaxy Digital Invests in Digital Asset Lender
8.8.2019
Cryptocurrency commercial bank Galaxy Digital provided funding to digital asset lender DrawBridge Lending
Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
Commerzbank Tests Blockchain Machine to Machine Payments with Daimler
8.8.2019
Mercedes-Benz parent company Daimler and Commerzbank just tested blockchain-based machine to machine payments
Facebook Engages Former Aide of US Senate Banking Committee to Campaign for Its Cryptocurrency Libra Project
7.8.2019
Facebook has engaged Former Aide of the U.S. Senate Banking Committee to campaign for its new Libra cryptocurrency venture. The U.S. Senate’s ongoing hearings on cryptocurrency had a few representatives state that they are supportive of the U.S. driving in crypto and blockchain, while others...
Standard Chartered Makes Letter of Credit Transaction Using Blockchain
7.8.2019
Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group
ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets
7.8.2019
The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets
Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit
6.8.2019
Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
Investors Can Now Trade Ether and British Pounds on the Same Blockchain
1.8.2019
LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network
Marijuana-focused Stablecoin Issuer Added to Arizona Fintech Sandbox
31.7.2019
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala
31.7.2019
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
31.7.2019
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction
30.7.2019
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings
US Senator: ‘I Don’t Think You’ve Persuaded Anyone’ Crypto Creates Financial Inclusion
30.7.2019
Sen. Brian Schatz (D.-HI) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing
Watch the Senate Banking Committee’s Crypto Regulation Hearing Live
30.7.2019
The U.S. Senate Banking Committee is about to hold its hearing on regulation for cryptocurrencies and blockchain. Here's how you can watch it