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China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News
27.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain News
Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...
ICON app offers remote KYC for South Korea’s second-largest bank
27.8.2020
Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app
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
Tyler Winklevoss says US Fed is the ‘biggest booster’ of Bitcoin price
26.8.2020
The upcoming Fed speech, which many suggest will focus on raising inflation, is only good news for BTC/USD, Winklevoss argues
Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
26.8.2020
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt...
China plans to use its digital yuan at the 2022 Winter Olympic Games
25.8.2020
Details about the official launch date still remain murky
Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance
24.8.2020
The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days
The US is losing the 'tech cold war,' warns Ripple co-founder
24.8.2020
China can reverse Bitcoin transactions, a Ripple exec said
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
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
24.8.2020
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency
China’s Blockchain Service Network to launch stablecoin support in 2021
24.8.2020
China’s national blockchain project BSN could be the best fit for the digital yuan
Qatar’s National Solarized Fintech Strategy Amid COVID-19 Pandemic
23.8.2020
The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact
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?
Former RBI Governor and IMF Chief Economist Sees Value in Bitcoin and Facebook Libra
22.8.2020
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. Former RBI Governor’s View on Bitcoin, Crypto,...
Why the Rise of the CBDC Is Bad for Your Privacy
22.8.2020
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...
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...
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
Russia’s Expobank Bank Issues Country’s First Crypto-Collateral Loan
19.8.2020
The Russian bank Expobank says it has issued the nation’s first-ever crypto-backed loan – despite the fact that the country has recently introduced a new law that prohibits the use of tokens as a form of payment.
Per a report from media outlet Kommersant, the loan was secured by using tokens issued...