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From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money

18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...

Austrian Bank Raiffeisen Works on National Digital Currency Pilot

18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization

From Cash to Crypto: COVID-19 Is Changing the Way the World Sees Money

18.5.2020
Emerging technologies such as blockchain are driving the world to digitized finances in an effort to fight the coronavirus pandemic

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

18.5.2020
Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities

Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec

18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive

South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’

18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule. According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...

Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates

18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...

Blockchain as One of the Goals of Digital Government Strategy in Brazil

17.5.2020
Digital transformation with blockchain technology on a state level

COVID-19 Incentivizing Crypto and Leading Mainstream Adoption

17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular

German Bank Partners With Singapore Fintech Consortium on Blockchain

17.5.2020
German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries

Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate

15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...

China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform

14.5.2020
China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform

CoinDesk 50: Silvergate – The Bank That Wasn’t Scared

14.5.2020
Silvergate was among the first U.S. financial institutions to embrace the crypto industry, and it's not letting go

Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy

14.5.2020
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash

China’s Central Bank Wants to Speed Up Blockchain Adoption

13.5.2020
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan

Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan

Chinese Central Bank Calls for Yet More Blockchain Adoption

13.5.2020
The Chinese central bank’s technology leads have called for more blockchain adoption in the bank’s own operations and the wider, government-owned financial sector. Per Sina, the People's Bank of China (PBoC)’s Financial Technology Committee held its first meeting of the year this week, with...