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More South Korean Banks May Look to Start Crypto Operations
4.7.2020
More South Korean conventional finance firms are set to follow Nonghyup (NH Bank) into the cryptoasset industry, say experts, academics, and industry insiders – who think regulators may offer banks safe passage into the crypto sector.
As reported earlier this week, NH has announced it will begin...
OKEx Now Features Latin American Fiat Gateway with Latamex
3.7.2020
OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies
US Banking Regulator Invites Innovators to Talk Tech Virtually
2.7.2020
The office of the U.S. Treasury responsible for regulating banks wants to open up dialogue on fintech
Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank
2.7.2020
The Central Bank of Sri Lanka is about to decide who will develop a blockchain platform that could speed up the processing of bank users' ID information
Public Mint Launches, Announces 200 Banks Are On Board
2.7.2020
Public Mint wants its tokenized fiat currencies to power DeFi-like open financial applications
SBI Invests $30M in B2C2, Largest Proclaimed Market Maker in XRP
1.7.2020
SBI invests $30 million in major crypto liquidity startup soon after revealing Japan’s first digital fund comprising 50% XRP
Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
30.6.2020
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week
CBDCs Might Increase Central Banks' Footprint on Financial System - BIS
30.6.2020
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....
Indian Crypto Banks and Exchanges See Massive Growth Amid Rising Covid-19 Crisis: Survey
30.6.2020
The crypto industry in India is experiencing massive growth, according to a new survey of crypto banks and exchanges. Despite the country’s deepening coronavirus crisis, crypto exchanges say trading volumes and the number of signups continue to grow substantially. India’s Cryptocurrency...
SIA and Quant Network Successfully Test Blockchain Interoperability
28.6.2020
European payments platform SIA partners with Quant Network to establish blockchain interoperability solutions for financial institutions
How Global Stablecoins Can Promote Financial Stability in the World
27.6.2020
Global stablecoins could provide market participants with a cost-efficient means to rebalance their capital across global markets
Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval
27.6.2020
Indian banks are reluctant to work with crypto firms, even though RBI clears the air
Today’s Shifting Gears Driving Tomorrow’s Mass Crypto Adoption
24.6.2020
Three major shifts will lead to crypto and blockchain adoption worldwide, and they have already started reshaping our world
BIS Expects COVID-19 Crisis to Boost CBDC Development Worldwide
24.6.2020
The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
24.6.2020
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market
Jim Rogers Discusses Bitcoin as Money and Why Governments Will Stop Crypto
23.6.2020
Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used. Jim Rogers Talks Bitcoin...
China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront
23.6.2020
China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems
CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
22.6.2020
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking
Italian Banks Are Ready to Trial a Digital Euro
22.6.2020
The Italian Banking Association announced last week that its banks were interested in piloting a digital euro
Why Banks Hold the Key to Wider BTC Adoption and Hyperbitcoinization
20.6.2020
Banks will be instrumental in bringing about wider cryptocurrency adoption. Without their involvement, the general public will continue to view crypto as a less-than legitimate part of the world of finance.
Admittedly, the vast majority of financial institutions still view bitcoin (BTC) and other...