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Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
16.6.2020
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting
Tokensoft Teams With Signature Bank to Launch Real Estate Security Token Platform
16.6.2020
Tokensoft has partnered with New York-based Signature Bank in a bid to make security tokens click for real estate investors
Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank
16.6.2020
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system
5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown
15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...
UK Fintech Bank Revolut Will Give Customers ‘Legal’ Ownership Over Cryptos – But With a Caveat
15.6.2020
UK fintech bank Revolut will give its customers legal ownership over their cryptocurrencies next month, but will limit how they can spend those coins
Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
15.6.2020
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance
South Korea to Review Legal Issues Surrounding Potential CBDC Launch
15.6.2020
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency
Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner
14.6.2020
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone
Whales Make Waves, Super Heroes Rise, and Bank Accounts Freeze: Bad Crypto News of the Week
13.6.2020
Check out this week’s Bad Crypto podcast
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...
Blockchain Firm Pitches CBDC Operating System to Bank of England
12.6.2020
As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England
Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures
12.6.2020
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets
This Liechtenstein Bank Can Now Custody Crypto
12.6.2020
Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios
Belarusian Banks to Issue Digital Tokens in Central Bank Pilot
12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot.
The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Russian Central Bank ‘on the Verge of’ Issuing Blockchain Mortgages
11.6.2020
Despite its disdain for all things cryptocurrency-related, Russia’s Central Bank has lost none of its enthusiasm for blockchain – and looks to be doubling down on the technology with its fast-expanding plans to issue digital, blockchain-powered mortgages.
The Central Bank, which has already issued...
Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
11.6.2020
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies
South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections
10.6.2020
About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
10.6.2020
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency