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Ripple Sued by 13 Australian Banks for Trademark Infringement
29.8.2020
Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied...
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
27.8.2020
Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision
Switzerland’s top online retailer completes transaction with digital franc
27.8.2020
The first regulated stablecoin in Switzerland is entering e-commerce
Why Bitcoin price may simply shrug at Fed chair Powell’s ‘brrr’ speech
27.8.2020
Fed chair Jerome Powell will give a speech on inflation on Thursday but it may not affect the price of Bitcoin and gold, some commentators argue
Brazil’s central bank examines the benefits of a CBDC
27.8.2020
Brazil’s central bank believes you’ve got to change money, to save money
A new report from Mexico says banks are used to launder money more than crypto
26.8.2020
The traditional banking sector is lagging behind in the race with crypto
Quorum’s creator says the project was going nowhere, JPMorgan wanted rid of it
26.8.2020
He also said that nothing built on Ethereum is capable of scaling
Russia’s Sberbank and S7 Airlines to sell flight tickets for tokens
26.8.2020
Russian enterprises get deeper into blockchain
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
Central Bank Digital Currencies and Their Role in the Financial System
22.8.2020
What are CBDCs and the risks they possess, and how might they reshape our economies?
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
US Bank Regulator Sees Potential in Fintech Solutions to Legacy Banking Issues
21.8.2020
A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
20.8.2020
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loans
19.8.2020
Expobank has issued its first loan using WAVES tokens as collateral – they're now estimating what future demand could be
Waves Powers Russia’s First Reported Crypto-Backed Bank Loan
19.8.2020
Russian banks are not waiting for full regulatory clarity to issue crypto loans
Chinese State-owned Banks Issue Flurry of Blockchain Patents
18.8.2020
Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot.
Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...