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Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools

8.10.2020
The Travel Rule Protocol working group has published v1 of its TRP API

China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far

8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow

7.10.2020
The bank is shutting down the SWIFT network as protests rocked the country

Bank of Korea digital won pilot moving to distribution phase next year

7.10.2020
The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch

South Korean Central Bank to Launch CBDC Pilot in 2021

7.10.2020
The South Korean central bank, the Bank of Korea (BOK) has announced that it is to begin a central bank digital currency (CBDC) pilot next year, in conjunction with major firms and domestic banks. Per Seoul Shinmun and the Fourth Journal, the BOK has stated that it has completed the design...

South Korea’s Central Bank to Test Digital Currency With Banks in 2021

7.10.2020
Following China's lead, the Bank of Korea is to run circulation trials of a central bank digital currency with assistance from banks

Symbol blockchain to host whisky fund and central bank collectibles at launch

7.10.2020
Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at launch

US is losing 'tech cold war with China' says Ripple co-founder

7.10.2020
Ripple’s executive chairman has slammed U.S. lawmakers for losing the blockchain arms race to China

China Central Bank Official Reveals Results of First Digital Yuan Pilots

7.10.2020
An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...

UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England

6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...

Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B

6.10.2020
All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion

CBDC Design Needs to Address Risk to Users, Says Bank of Canada

6.10.2020
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada

DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud

6.10.2020
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide

Oman Central Bank Warns on Crypto ‘Risk,’ Singles Out Dagcoin

6.10.2020
The central bank warned citizens and residents that they use cryptocurrencies at their own risk

$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...