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Nalezeno "commercial": 293

South Korea’s Largest Bank Unveils Bitcoin Custody Services

9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...

Government-Owned Swiss Bank Launching Crypto Trading and Custody Services

4.8.2020
Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned...

Singapore’s Central Bank Eyes Commercial Role for Its Blockchain Payments Tech

13.7.2020
Project Ubin has completed its last development phase and is now being considered as the basis for commercial digital currency ventures

Singapore's Blockchain Payments Platform Ready for Commercial Launch

13.7.2020
The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction

8.7.2020
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...

Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions

7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...

US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value

27.6.2020
The U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their...

In the Wildcat Era of Stablecoins, Commercial Banks Have New Rails to Ride

16.6.2020
Today's stablecoin market mirrors the “wildcat banking” era of the mid-1800s, when banks printed their own dollars. Like then, federal intervention is likely

Dash Sees 100% Rise in Commercial Payments Through Latin American Partnerships

9.6.2020
Dash has announced a 104% rise in commercial payments through Q1 2020, along with increased adoption, trading volume and price performance

Crypto Garage Launches Commercial Service for Settlenet System

9.6.2020
Commercial service on Crypto Garage’s Settlenet system, trialled for a year within Japan’s regulatory sandbox, is now available

Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

8.6.2020
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain

Former Chinese Central Bank Exec Praises "Commercial Success" of Bitcoin

6.6.2020
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays

Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking

5.6.2020
U.N. and Federal Reserve experts think CBDCs can compete with commercial banks, New York and France enter a regulatory agreement while Europol has Wasabi Wallet concerns

Ex-Chinese Central Bank Executive Talks of Bitcoin’s ‘Commercial Success’

5.6.2020
The former vice president of People’s Bank of China (PBoC) has spoken out about Bitcoin (BTC), calling it the most successful commercial application of blockchain technology yet – but claiming it also has crucial weaknesses. Per Sina, Wu Xiaoling, who served as the vice president of the PBoC...

Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost

5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks

US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level

24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...

Visa Files Patent for Cryptocurrency System to Replace Cash

15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...