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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...
XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
19.8.2020
XRP contributes to the development of CBDCs and stablecoins, says key exec
Waves Powers Russia’s First Reported Crypto-Backed Bank Loan
19.8.2020
Russian banks are not waiting for full regulatory clarity to issue crypto loans
Bequant, Now in Crowded Prime Brokerage Race, Adds Signature Bank Integration
18.8.2020
In a newly crowded market, Bequant is still adding features to the suite of services it's been building for the past two years
Capital One Files Patent for Cryptocurrency Market AI Prediction System
18.8.2020
Major U.S. financial services company Capital One has filed a new patent application for a cryptocurrency analysis and trading system that will attempt to predict crypto market trends and generate trading decisions using artificial intelligence (AI). Capital One’s Cryptocurrency AI System...
Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker
18.8.2020
A leading French academic and central bank policymaker has called bitcoin (BTC) a “myth” and a “pseudo-currency,” and dismissed the token’s chances of becoming money in the future, claiming that it fails to meet criteria currently fulfilled by fiat.
The claims were made in a paper released by...
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
18.8.2020
The Bank of England is keeping central bank digital currency research high on its 2020 agenda
Bitcoin Is Now Bigger than Bank of America and NZ Dollar by Market Cap
18.8.2020
As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America's and New Zealand’s fiat currency
China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...
ING Bank, Rolls Royce Join Alliance to Promote Blockchain Education
17.8.2020
Both Rolls Royce and Ing Bank have signed up to an industry body that supports student developers interested in building their own blockchain projects
4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...