Search
Another Venezuelan Bitcoin Spike as Banks Struggle + More News
19.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Peer-to-peer (P2P) bitcoin (BTC) trading appears to be on the rise in Venezuela after the country’s president Nicolás...
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020
18.3.2020
The Eastern Caribbean Central Bank will start issuing its blockchain-powered CBDC later this year, but will it beat China and others to the punch?
Banks Have to Embrace Distributed Ledger Tech, Even if It Kills Them
18.3.2020
To secure their futures, banks have to confront their fear of change and embrace innovation, says consultant Chuck Fried
Experts Say the Fed’s QE Program Will Strengthen Bitcoin – One Way or Another
17.3.2020
While QE may be anathema to crypto hardliners, some experts agree the net effect on bitcoin prices is positive
European Financial Institutions to Launch Blockchain Investment Platform
17.3.2020
European financial institutions including the Luxembourg Stock Exchange and Credit Suisse have launched an Ethereum-powered investment fund platform
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
17.3.2020
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
Standard Chartered Joins IBM and Maersk's Blockchain Shipping Platform
13.3.2020
London-headquartered Standard Chartered bank has joined TradeLens, the global blockchain shipping platform created by IBM and logistics giant Maersk
Some Indian Banks Are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions
13.3.2020
Indian legal experts contend that some banks in the country are still refusing services for crypto-related transactions, despite the Supreme Court’s ruling earlier this month
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Chinese Banks Use Blockchain Platform to Process Millions in Foreign Trade
11.3.2020
Banks in China leverage blockchain trade finance platform to process millions of dollars in foreign trade transactions
That Noise You’re Hearing? Central Banks Struggling to Evolve
11.3.2020
Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto
Exclusive: A Major French Bank Is Blocking Customers From Using Coinbase
10.3.2020
Initial reports suggest that French bank BNP Paribas has blocked customers from transferring funds to Coinbase
China Injects $4.7M into Central Bank’s Blockchain Trade Finance Platform
9.3.2020
Thirty-eight banks have started using the platform since it entered the test phase in September 2018
Central Banks Are Exploring Blockchain — but For Their Own Reasons
8.3.2020
Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows
Stimulus, QE, Rate Cuts: Coronavirus Fuels Central Banks’ Monetary Easing Policy
8.3.2020
The world has been focused on the coronavirus outbreak that’s claimed 105,612 cases and 3,562 deaths to date. The pandemic has caused government leaders to react and central banks are breaking out tools from their arsenal of monetary easing schemes. The world’s central banks say...