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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...