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First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
7.7.2020
BoA researchers anticipate that China's digital yuan might make a dent in the greenback’s global hegemony
App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
6.7.2020
The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card
A New Price Valuation Model Says $10,670 Fair Value For Bitcoin
6.7.2020
Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies...
CBDC is the Most Important Trend in Payments Says Visa Crypto Chief
5.7.2020
Visa’s head of crypto says CBDC is the most important payments trend in the next decade
UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
3.7.2020
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. England Denies Maduro Access...
Japan’s Central Bank to Begin Digital Yen Feasibility Pilot
3.7.2020
The central Bank of Japan (BoJ) will conduct a controlled pilot for a central bank digital currency (CBDC) to see how a digital yen would function from a technical standpoint.
The BoJ said it will begin a Proof-of-Concept (PoC) and wants to test the digital fiat in a controlled environment before...
Bank of Japan Will Begin Experimenting With a Digital Yen
3.7.2020
The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective
Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken
3.7.2020
The move comes at a time when traders are seeking alternative sources of capital value during an "uncertain macroeconomic climate."
$11 Trillion Offshore Assets Uncovered After 100 Countries Share Information on 84 Million Bank Accounts
2.7.2020
Governments in nearly 100 countries have been sharing offshore bank account information in an effort to crack down on tax evasion. Their “Automatic exchange of information” has led to uncovering 10 trillion euros ($11 trillion) in offshore assets in 84 million bank accounts....
CNET Founder Launches Public Blockchain Network With Dollars Baked In
2.7.2020
Public Mint puts dollars on the blockchain so users can use money whether or not they have bank accounts
Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept
2.7.2020
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain
Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank
2.7.2020
The Central Bank of Sri Lanka is about to decide who will develop a blockchain platform that could speed up the processing of bank users' ID information
Court Likens Coinbase to a ‘Traditional Bank’ in Child Porn Appeal Case
2.7.2020
A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment
US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data
1.7.2020
A federal appeals court ruled public blockchain information and information stored on crypto exchanges do not provide a reasonable expectation of privacy under the Fourth Amendment
Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’
1.7.2020
Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
BitMEX Owner HDR Appoints Former Bank of China Exec to Board
30.6.2020
HDR Global Trading said David Wong – a former deputy CEO at Bank of China – will join its board as a non-executive chairman
Bitcoin as a tool to fight authoritarian regimes: Vladimir Putin critic explains
29.6.2020
Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes
Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran
29.6.2020
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...