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French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
JPMorgan Will Pilot ‘JPM Coin’ Stablecoin by End of 2019: Report
25.6.2019
The U.S. largest bank, JPMorgan, expects to pilot its own cryptocurrency project JPM Coin around the end of 2019, Bloomberg reports
Russian Central Bank: Criminals Rarely Use Crypto to Withdraw Stolen Funds
24.6.2019
A Russian central bank official said that criminals rarely use cryptocurrency to withdraw stolen money
Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle
24.6.2019
Brazilian Development Bank elected interim president. What does it mean for the crypto development of the country?
BIS Wants ‘Level Playing Field’ for Banks Amid Threat From Firms Like Facebook
24.6.2019
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space
BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
24.6.2019
The Bank of International Settlements warns that financial services offered by big techs such as Facebook, Google and Amazon could create new risks for the banking sector
BIS: Facebook’s Foray into Cryptocurrency Poses New Risks for Banks
24.6.2019
The Bank of International Settlements warns that financial services offered by big techs such as Facebook, Google and Amazon could create new risks for the banking sector
Australian Reserve Bank Official Advises Caution in Anticipation of Libra
22.6.2019
RBA governor Philip Lowe discusses how Libra faces many hurdles regarding regulatory compliance, and believes Facebook needs to prove a solid business case
As Brazil’s Economy Risks Recession, Regulators and Banks Implement Blockchain
21.6.2019
Brazil loves crypto, so regulators and banks are looking toward understanding and regulating it
Facebook Holds Talk With Banks For Libra Association
21.6.2019
While introducing a new payment system or currency that is meant for replacing the old one, banks play the most vital role that cannot be replaced by any other institution. Previously Facebook had partnered with MasterCard, PayPal, and Visa the most robust payment networks, but it had missed...
Royal Bank of Scotland Onboards Former Circle Exec to Head Fintech Project
20.6.2019
A former executive from cryptocurrency firm Circle has been picked up by The Royal Bank of Scotland as CEO of its digital SME offering
CME: Open Interest in Bitcoin Futures Contracts Hit All-Time High
20.6.2019
Open interest in CME Bitcoin futures contracts are reportedly at an all time high, possibly due to increasing institutional-level investments
CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions
19.6.2019
State-backed digital currencies are widely discussed among many countries worldwide, from China to Tunisia. Here are some major examples of CBDCs from different parts of the world
Visa Set to Join the Expanding Field of Blockchain-Based International Payment Providers
19.6.2019
Visa joins the ranks of mainstream payment giants creating blockchain-powered settlements infrastructure for cross-border transactions among institutional clients
Fundstrat’s Tom Lee: Bitcoin Is Easily Going to Reach New Highs
19.6.2019
Bitcoin could easily reach new highs, according to Fundstrat Global Advisors co-founder Tom Lee
Euroclear, EIB, Santander and EY to Pursue Blockchain Pilot for ECP Settlement
19.6.2019
Euroclear, one of the world’s largest securities depositories, says it will push forward with building a pilot blockchain-based platform for the issuance and settlement of ECPs
Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency
18.6.2019
Italy’s banks plan to integrate DLT into internal processes to improve transparency and efficiency
Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
18.6.2019
The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India
Facebook’s Cryptocurrency Wants to Take on Banks, Not Bitcoin
18.6.2019
George McDonaugh is CEO and co-founder of KR1 plc, a London listed cryptocurrency and blockchain investment company. Facebook is creating its own cryptocurrency – something that even those of us necking the crypto Kool Aid back in the early bitcoin days never in our wildest dreams thought would...
Polish Bank Verifies Documents With Ethereum Blockchain
18.6.2019
A bank in Poland is using the public Ethereum blockchain to verify customer documents