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European Central Bank Moves to Trademark ‘Digital Euro’
1.10.2020
Central bankers have laid a claim to the phrase "digital euro" before deciding whether to actually issue one
A Reality Check is Needed at This Stage of CBDC Development - Deutsche Bank
1.10.2020
What's needed before even discussing a wide implementation of central bank digital currencies (CBDCs) is a reality check, with several major, interconnected issues left to be solved first, stated a report by Deutsche Bank Wealth Management's Chief Investment Office (CIO).
“CBDC is likely to change...
Staffer Embezzled USD 159,000 of Bank Funds to Make Crypto Purchase
1.10.2020
An employee at one of South Korea’s biggest commercial banks stole and embezzled thousands of USD worth of bank funds to make their own crypto investments, a new report has found.
Per Choseh Keumyong Shinmun, the country’s top financial regulator, the Financial Supervisory Service, has this week...
CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank
30.9.2020
Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank
Easily Spend Your Bitcoin via Prepaid Debit Card or a PayPal Account with Bitcoin of America’s Easy to Use Trading Platform
30.9.2020
Bitcoin of America offers a number of convenient ways to transfer your bitcoin or litecoin to commonly used USD payment gateways like prepaid debit cards or a PayPal account. Read the guides below to find the method that’s best for you. Most commonly, bank transfers are used to transfer...
Investors Flock to India’s DeFi Scene Months After Central Bank Ban Overturned
29.9.2020
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds
Silvergate Bank: How Deep Is the Moat?
29.9.2020
Silvergate Bank has pioneered financial services for crypto startups. But now it faces new rivals. Can it deepen its competitive moat?
South Korean Bank NH Launches Blockchain-powered Document Wallet
29.9.2020
South Korean financial services provider Nonghyup (NH Bank) has begun issuing over a dozen forms of digital certificates using a blockchain-powered system and an e-wallet that will be able to hold hundreds of types of blockchain-verified forms of authentication.
Per the Electronic Times, the bank’s...
European central bank execs are wrong — Intentionally or unknowingly?
28.9.2020
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
The UN’s ‘decade of delivery’ needs blockchain to succeed
26.9.2020
Emerging technologies are essential to fasten SDGs, but this shouldn’t come at the expense of prudence and careful evaluation
The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
26.9.2020
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20
Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
25.9.2020
Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint
Air Bank spouští pohodlné přihlašování do internetového bankovnictví načtením QR kódu
25.9.2020
Air Bank v pátek oficiálně spustila nový způsob přihlašování do svého internetového bankovnictví. Místo zadávání přihlašovacích údajů a potvrzování v mobilní aplikaci či kódem doručeným v SMS bude stačit naskenovat QR kód na úvodní stránce.
Banka prezentuje novinku slovy: „Vyťukat přihlašovací
Saxo Bank Predicts Increase in Demand of Green Bonds in Future
25.9.2020
Taking pride in being a duly regulated banking institution and the first entity to offer online trading services, Saxo Bank has released a detailed analysis of the future of Green Bonds in the industry. The financial expert has affirmed that Green Bonds will make a profitable investment in...
Federal Reserve Bank reveals details of digital dollar research
24.9.2020
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector
Europe's central bank is concerned about possible runs on stablecoins
23.9.2020
Stablecoin runs could occur if users lose confidence in the issuer or its network
JD.com to Build Apps for China’s Digital Yuan Project: Report
22.9.2020
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency
5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels
21.9.2020
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds...
JD.com's fintech wing partners with PBoC on digital currency projects
21.9.2020
China's e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi