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Spanish Multinational Bank BBVA to Explore Zero-Knowledge Proofs
4.5.2020
BBVA and a state-backed research center in Spain have launched a partnership to explore advanced cryptography for financial services
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Indian Crypto Exchanges Seek Tax Clarity From Central Bank
4.5.2020
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
2.5.2020
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...
Digital Dollars Give the State Too Much Control Over Money
2.5.2020
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
Central Bank Digital Currencies: Changing the Architecture of Money
1.5.2020
Central bank digital currencies are in the process of transforming the way money works for everyone — from the largest financial institutions to consumers
World's First Crypto Bank Adds Support for Ripple's XRP
30.4.2020
Sygnum Bank’s customers can now buy, hold, and trade XRP using traditional fiat currency deposits
Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
29.4.2020
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday
Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
29.4.2020
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland
Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus
29.4.2020
While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a $10 million+ investment
Future of Finance: CBDCs Offer the New Architecture of Bank Accounts
29.4.2020
Could stablecoins and central bank digital currencies offer the only viable alternative to traditional bank accounts?
Crypto Bank Pioneer Wants Greater Transparency Across the Industry
29.4.2020
The Wall Street veteran warns that the rise of stablecoins is distributing ‘IOUs’ throughout the digital asset sector
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
European Central Bank: Digital Euro Should Not Discourage Private Initiatives
28.4.2020
The European Central Bank believes that the digital euro is just one of many solutions to nationalize its payment systems
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Bank Of China Expands Tests of New Fintech Regulation to Six More Cities
27.4.2020
Bank of China has a plan for fintech development and it’s now expanding pilot projects in six more cities to strengthen fintech regulation
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
25.4.2020
The BIS is exploring digital currencies and tokenization amid the coronavirus pandemic
Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers
25.4.2020
After U.S. oil turned negative, the Fed’s interest rates may be next in line, warns one of its ex-presidents