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Blockchain can shield banks from billion-dollar trade finance scandals, says exec
4.9.2020
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert
Singapore Exchange uses blockchain to issue $300m digital bond
4.9.2020
DAML smart contract language is now used for digital bonds
Brazil could have CBDC in two years, says central bank president
4.9.2020
A central bank digital currency in Brazil may be inevitable
Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi
3.9.2020
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some...
Swiss crypto bank Sygnum scores approval for digital asset trading
2.9.2020
The digital Swiss franc issuer is now licensed as a "digital asset trading facility."
Three of Australia's "big four" banks bring bank guarantees on blockchain
1.9.2020
Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days
US Regulator to Shake Up Banking With Federal Charters for Payment Firms
1.9.2020
Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines
5 Chinese Banks to Build Blockchain-powered Trade Platform + More News
31.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
The China Banking Association (CBA), a self-regulating organization that represents China's banking sector, will team up with...
On quantitative easing, crypto and modern monetary theory
31.8.2020
Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
27.8.2020
Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision
Switzerland’s top online retailer completes transaction with digital franc
27.8.2020
The first regulated stablecoin in Switzerland is entering e-commerce
Why Bitcoin price may simply shrug at Fed chair Powell’s ‘brrr’ speech
27.8.2020
Fed chair Jerome Powell will give a speech on inflation on Thursday but it may not affect the price of Bitcoin and gold, some commentators argue
Brazil’s central bank examines the benefits of a CBDC
27.8.2020
Brazil’s central bank believes you’ve got to change money, to save money
A new report from Mexico says banks are used to launder money more than crypto
26.8.2020
The traditional banking sector is lagging behind in the race with crypto
Quorum’s creator says the project was going nowhere, JPMorgan wanted rid of it
26.8.2020
He also said that nothing built on Ethereum is capable of scaling
Russia’s Sberbank and S7 Airlines to sell flight tickets for tokens
26.8.2020
Russian enterprises get deeper into blockchain
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts