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China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
Central Bank Digital Currencies and Their Role in the Financial System
22.8.2020
What are CBDCs and the risks they possess, and how might they reshape our economies?
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
US Bank Regulator Sees Potential in Fintech Solutions to Legacy Banking Issues
21.8.2020
A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
20.8.2020
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loans
19.8.2020
Expobank has issued its first loan using WAVES tokens as collateral – they're now estimating what future demand could be
Waves Powers Russia’s First Reported Crypto-Backed Bank Loan
19.8.2020
Russian banks are not waiting for full regulatory clarity to issue crypto loans
Chinese State-owned Banks Issue Flurry of Blockchain Patents
18.8.2020
Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot.
Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...
South Korean Banks to Launch Crypto Services ‘Before Year Is Out’
17.8.2020
Multiple South Korean banks could launch crypto custody services by the end of 2020 of March next year “at the latest,” after a “significant change in tone” has led the banking sector to move toward crypto business with alacrity.
Per a report from the Electronic Times, crypto custody is now a...
Huobi Launches Global DeFi Alliance To Merge East and West
17.8.2020
Can teamwork bring together the fragmented crypto space?
Buffett Bought Gold, Will Buy Bitcoin: Morgan Creek Digital Co-Founder
17.8.2020
Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will
Standard Chartered Conducts First Blockchain Trade in Bangladesh
16.8.2020
Bangladesh is now on the blockchain map
4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...
Former Prudential Securities Chief Executive Ball Bats for Bitcoin
15.8.2020
Bitcoin is both a long-term safe haven and short-term speculative asset, Ball said
Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
14.8.2020
Thailand’s central bank assesses the chances of bringing centralized and decentralized together
Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
14.8.2020
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs
Four of the Top Five South Korean Banks to Offer Crypto Services
14.8.2020
Two more South Korean banks are looking at crypto custody options
Two More Major South Korean Banks Keen on Crypto Custody
14.8.2020
Another two major commercial South Korean banks have expressed an interest in launching crypto custody services – but industry experts said they may be making their moves too late, and are lagging behind the American banks.
As previously reported, two other commercial banks – Nonghyup and Kookmin...