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South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency
1.7.2019
Busan, South Korea’s second most-populous city after Seoul, is considering the launch of a local stablecoin
From 'Ponzi' To 'We're Working On It’ - BIS Chief Reverses Stance On Crypto
1.7.2019
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements
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
Top-10 Industries Being Transformed by Blockchain
30.6.2019
The advent of distributed ledger technology has comprised the catalyst for a new wave of creative destruction. Here are the top-10 industries that are affected the most
XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown
30.6.2019
Given Facebook’s 2 billion strong user base, will banks become more amenable to cryptocurrency adoption as a way of maintaining their relevance in international money transfer?
Central Banks To Issue Their Own Digital Currencies, Predicts IMF
29.6.2019
For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
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
Swiss Crypto Bank Dukascopy to Introduce Its Own Cryptocurrency
28.6.2019
Swiss online bank Dukascopy intends to issue its own Ethereum-based stablecoin
Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
28.6.2019
Goldman Sachs is performing “extensive research” on tokenization, chief executive David Solomon has revealed
'Libra Will Destroy Stablecoins, Banks Will Become Dumb Warehouses'
28.6.2019
Facebook's Libra will destroy all stablecoins, turn commercial and central banks into 'a dumb regulated warehouse for digital fiat money' and will finally bring new Bitcoin users, the outspoken Co-founder and CEO of major crypto trading platform BitMEX, Arthur Hayes, wrote in his newsletter.
"I...
Central Bank of Uganda Warns Decentralized Cryptocurrencies Are Risky
28.6.2019
The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
27.6.2019
A comprehensive instantaneous payments system may be in place in the European Union by 2020
SWIFT's Moves and EU Banks Target Ripple Business
27.6.2019
Ripple, a California-based blockchain startup focusing on the banking sector, may be about to see competition in their field heat up even more, as the incumbents in the payments industry are doing more to defend their piece of the pie.
According to a new report dubbed Payments: Looking to...
Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
27.6.2019
Singapore’s central bank held discussions with Facebook about its upcoming libra cryptocurrency
Northern Trust Hands Off Blockchain Solution to Fintech Firm
27.6.2019
Northern Trust has transferred its private equity blockchain solution to the fintech company Broadridge
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
Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive
26.6.2019
A dovish U.S. Federal Reserve is one of the reasons for the recent surge of bitcoin prices, according to Deutsche Bank lead strategist
Fintech Banks All Set To Be Scrutinised Heavily By Relevant Regulators
26.6.2019
Over the past half a decade or so, Fintech has possibly been the most important development in the world of finances and now it is a multibillion-dollar industry has the potential of upending the way in which people use money. Fintech may have started off as a way of developing more advanced...