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Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
8.7.2019
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
8.7.2019
China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion
4.7.2019
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion
Nordic Banking Behemoth Nordea Invests 5 Million Euros In Swedish Neobank P. F. C.
4.7.2019
Throughout the course of the history of the financial system, the latest innovations have managed to improve the entire system in a way that had not been envisaged and in that regard, Fintech is perhaps the latest example. Over the past five years, the Fintech industry has grown into...
IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees
4.7.2019
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
Why Bitcoiners Are Turning to Unschooling for Decentralized Education
29.6.2019
Unschooling is an alternative education movement quickly gaining popularity and currency worldwide. Like Bitcoin, it is an individualist approach to an area of human action long thought to be established beyond question―education. Both cryptoeconomics and unschooling seek to provide autonomy...
JPMorgan Chase CEO: Crypto Projects Pose No Threat to Banking System
28.6.2019
Jamie Dimon does not think that crypto poses an existential threat to JPMorgan's core business
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Indian Banking Restriction And Regulatory Issues Crush Koinex Exchange To Shut Down
28.6.2019
As per the official website of Koinex, there are more than 1 million registered users of the exchange. The platform, by far, has executed 20,000 orders which are worth more than 3 Billion U.S. Dollars. Then what caused it to shut down amidst all the great success? The journey of Koinex crypto...
Goldman Sachs CEO Hints Bank Might Launch ‘JPM Coin’-Like Crypto
28.6.2019
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon
Koinex Exchange Shuts Down Ahead of Crypto Regulation
28.6.2019
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...
Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
27.6.2019
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin
26.6.2019
SIX Group, Switzerland’s principal stock exchange, asked the Swiss central bank to issue a stablecoin