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14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains
13.6.2019
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency
Brazil Central Bank Debuts IBM Blockchain Interbank ID System on Hyperledger
12.6.2019
A Hyperledger Fabric blockchain ID system has been launched by Brazil’s central bank
VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform
11.6.2019
The vice president of the largest Brazilian bank revealed that local banks are preparing to introduce a unique blockchain platform on June 12
Visa Launches Global Cross-Border Network Based on Certain Aspects of Blockchain
11.6.2019
Global payment giant Visa has launched a network for cross-border payments that is partially based on blockchain technology
Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management
11.6.2019
Major South Korean commercial lender KB Kookmin Bank has signed an MoU with blockchain technology firm Atomics Lab to jointly explore digital asset management solutions
Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
11.6.2019
The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said
Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain
10.6.2019
The Dubai Land Department and telecoms firm Etisalat have signed a memorandum of understanding concerning real estate blockchain technology
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
7.6.2019
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services
Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment
Egypt Lays Out Path for a Crypto Future With Draft Law
6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
Galaxy Digital Fund Leads Funding Round for Blockchain-Based Game Platform
6.6.2019
A Galaxy Digital fund led an almost $2 million funding round for a blockchain-based engagement program for online gamers
US CFTC Chair: Blockchain Would Have Improved Regulator Response to 2008 Financial Crash
4.6.2019
The U.S. CFTC chair says blockchain would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 crisis
Judgment Delivered in Favor of a Crypto Exchange in Israeli Supreme Court
4.6.2019
The Highest court of Israel has stated on 3rd June that bank Leumi cannot stop digital currency exchange Bits of Gold on the regulatory grounds to have an account as reported. Previously in 2018, the court had declared a temporary injection forbidding the major bank of the country from supporting...
Israeli Supreme Court Rules in Favor of Cryptocurrency Exchange in Bank Dispute
4.6.2019
Israeli bank cannot ban a crypto exchange’s account on the grounds of regulatory concerns, says supreme court judge
Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token
3.6.2019
Brazilian state-owned bank BNDES will finance a documentary using its own real-pegged stablecoin
Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
3.6.2019
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs
Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform
3.6.2019
Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric, co-developed by IBM and the country’s central bank