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Reserve Bank of Australia forms partnerships to research CBDC
2.11.2020
The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Australian Central Bank, Commonwealth, National Australia Bank Partner on CBDC Research Project
2.11.2020
The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology
Switzerland Approves Gazprombank to Offer Bitcoin Trading and Custody
1.11.2020
Zurich-based Gazprombank, a subsidiary of Russia’s third-largest bank, has been approved by Switzerland’s financial regulator to offer a number of cryptocurrency services, including the buying, selling, trading, and custody of bitcoin. Gazprombank Approved to Offer Bitcoin Services...
Crypto Long & Short: Wyoming Is Crypto’s ‘Wild West,’ Which Is Exactly What We Need
1.11.2020
An innovative region far from the center of financial power is taking meaningful steps towards reforming finance from the edges
Indian crypto industry expanding, regulators seem reluctant to engage
1.11.2020
As Cashaa launches crypto banking services in India, the cryptocurrency industry continues to grow despite uncertain regulations
Germany’s central bank is working on a blockchain project, but it's not a CBDC
30.10.2020
Bundesbank seems to be coyly flirting with blockchain technology
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...
Crypto Startup Avanti Receives License To Operate as National Bank in Wyoming
30.10.2020
Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. It plans...
Russian Central Bank Says CBDC Will Wipe Out Need for Crypto
30.10.2020
The Russian Central Bank has been banging the drum again on what has become its favorite subject – regulating crypto, and has apparently responded to criticism of its plans to issue a digital ruble by claiming a central bank-issued token could eliminate out the need for people to use crypto.
In...
Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash
30.10.2020
The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in the stock market intensified
Mongolia’s largest bank to offer crypto-related services
30.10.2020
The country continues to make slow but sure steps on its way to being a crypto-friendly nation
Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement
29.10.2020
Bitcoin price rallied from $12,920 to $13,600 in the hours following the European Central Bank (ECB) statement and optimistic job data from the U.S
Casa Rolls Out ‘Bank-to-Wallet’ Bitcoin-Buying Services for US Customers
29.10.2020
The cryptocurrency custody startup announced on Thursday that users will now be able to buy bitcoin (BTC) on the Casa app using their bank accounts
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage
29.10.2020
Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and that the G7 needs to coordinate on digital currencies
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
Avanti launches crypto-friendly bank in Wyoming
28.10.2020
The Wyoming State Banking Board voted unanimously to grant Avanti a bank charter
Loan refinancer and BitLiscensee SoFi is clear to launch a national bank in the US
28.10.2020
The new bank will be subject to heightened scrutiny from the OCC for at least three years