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China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
Central Bank 'Parental Controls' Obsolete for Crypto: Bank of Lithuania
11.12.2019
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
Santander Redeems $20M Bond Using Ethereum Blockchain
10.12.2019
Spanish banking giant Santander has just redeemed a $20 million bond that was issued in September via the Ethereum blockchain
80 Japanese Banks Eye JPMorgan’s Blockchain
10.12.2019
Source: JPMorgan, Instagram
More than 80 Japanese banks have declared interest in joining JPMorgan Chase’s blockchain-based payment information network, the Interbank Information Network (IIN), making the country’s banking sector possibly the largest national player in the system powered by Quorum...
JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report
10.12.2019
JPMorgan’s blockchain-based payment network, the Interbank Information Network, will reportedly launch in Japan in early 2020
Lithuanian Central Bank Announces Blockchain Collector Coin
9.12.2019
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
9.12.2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
9.12.2019
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
China to Pilot Digital Yuan With Four Banks in Two Cities - Report
9.12.2019
Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report.
Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly...
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
8.12.2019
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...
Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany
7.12.2019
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...
Bank for International Settlements Exec Shows New Fondness for CBDCs
6.12.2019
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities
MARKETS DAILY: Planning a Run on “Bitcoin Banks”?
6.12.2019
With markets mixed but mostly down, we're looking at DeutcheBank's 2030 crypto call, the movement encouraging an annual bitcoin exchange "bank run", and Enjin’s Microsoft-fueled rally
Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
6.12.2019
Per Deutsche Bank’s recent research, people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies
Could Central Banks’ Digital Currency Projects Be Nothing But a Big Bluff?
5.12.2019
Contrary to the public statements, insiders at the European Central Bank (ECB) reportedly say the bank has no laboratory working on a digital euro and little intention to create one any time soon.
"Most of these comments [about the digital fiat] seem designed to jolt the private sector banks into...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
France to Test Its Central Bank Digital Currency in Q1 2020: Official
4.12.2019
French central bank governor wants France to be the first country to issue a central bank digital currency
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...