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ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins
12.12.2019
Christine Lagarde says financial institutions should foresee the demand for stablecoins
IBMR and Blockchain Firm Algorand Launch Microfinance Platform
12.12.2019
IBMR and Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
12.12.2019
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business
Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries
12.12.2019
Swiss crypto bank SEBA has rolled out its services to clients across Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
12.12.2019
Solaris Digital Assets GmbH will provide the full range of solarisBank’s digital white-label banking services
Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges
11.12.2019
SBI Group-backed crypto compliance firm Elliptic launches a new tool that will allow banks to work more closely with crypto exchanges
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...