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Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail
26.11.2019
Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment
BNY Mellon Officially Joins Blockchain-Based Marco Polo Network
26.11.2019
American financial services giant BNY Mellon has joined blockchain software firm R3’s trade finance network, the Marco Polo Network
ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report
25.11.2019
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association
French Central Bank Official Wants to Improve Financial System With Blockchain
25.11.2019
The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain
Survey: 58% of German Banks Charge Negative Interest Rates
24.11.2019
Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
Oman Sees First Trade Finance Transaction on Blockchain
23.11.2019
Oman Oil and Orpic Group and HSBC Bank Oman SAOG carry out the country’s first blockchain trade finance transaction
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
Morocco Plans to Expand Access to Financial Services With Fintech
22.11.2019
Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector
German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account
21.11.2019
“We had to” — German bank charges everyone 0.5% negative interest
Sberbank Patents Blockchain Repo Solution in a Purported First for Russia Banks
20.11.2019
Russia’s state-owned Sberbank, has pioneered a blockchain solution to automate and reduce counterparty risk in repo markets
South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’
20.11.2019
ZA Bitcoin exchanges unfazed as bank moves to end support
Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange
19.11.2019
The Royal Bank of Canada has denied rumors about it launching a digital currency trading platform
Deutsche Boerse, Swisscom Settle Securities with Corda and Hyperledger
19.11.2019
Deutsche Boerse and Swisscom successfully exchange securities tokens against cash tokens using Corda and Hyperledger
Spotlight on Bitcoin as HSBC Shuts Hong Kong Protest-Linked Account
19.11.2019
The importance of Bitcoin’s non-seizability has been highlighted yet again as HSBC closes an account reportedly used to fund Hong Kong protestors
Bitcoin’s ‘Demise’? Google, Bailed-Out Citi Unveil Checking Accounts
19.11.2019
The bell-ringers of Bitcoin’s death are gathering at the news of Google’s planned foray into digital finance
Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
17.11.2019
The crypto community closely follows the developments as Iran’s central bank branch was set on fire by protesters
Samsung SDS to Use Zero-Knowledge Proofs on Business Blockchain
14.11.2019
Samsung SDS’ enterprise blockchain platform Nexledger will use QEDIT’s zero-knowledge proof privacy solution
Got Bitcoin? US Fed Warns National Debt Growth Is ‘Not Sustainable’
14.11.2019
Fed stays soft on “consequences” of $23 trillion debt
‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation
14.11.2019
The new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS)...