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Bank of Japan Official Calls for Deeper Understanding of Digital Currencies
27.2.2020
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...
Tokenized US T-Bond Fund Seeks Foothold in $17T Market
26.2.2020
The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds
China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
Bank of Canada Won’t Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor
25.2.2020
The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat
Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
25.2.2020
Bank of Canada is getting ready to move on digital currency before it’s too late
Revolut Bank Valued at $5.5B in $500M Funding Round
25.2.2020
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering
Bank Issues Blockchain-powered Employee ID + More News
25.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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NongHyup (NH) Bank has become the first company in South Korea to issue blockchain-powered employee ID cards, reports...
Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
25.2.2020
The National Bank of Ukraine is still trying to balance the potential threats and benefits of a central bank digital currency
Wall Street Veteran Aims at Institutional Investors With a New Crypto Bank
25.2.2020
Caitlin Long. Source: A video screenshot, Youtube/ReasonTV
A new crypto-focused bank is set to open in 2021 in the U.S. state of Wyoming in order to provide institutional-level investment infrastructure for cryptoassets, while abiding by strict regulatory requirements.
The company, called Avanti...
China Adopts Security Standards for Blockchain Applications in the Financial Sector
25.2.2020
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers...
CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly
25.2.2020
In 2020, the startup’s focus is on new products and features that comply with new rules from the Financial Action Task Force
Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows
24.2.2020
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara
Caitlin Long Starts the First Crypto-Native Bank in the U.S.
24.2.2020
Caitlin Long is setting up a first crypto-native bank in the US that will offer crypto services to institutional investors
Caitlin Long on Coronavirus, Crypto Custody and Building a Bank
24.2.2020
A new crypto bank tries to address some of the most fundamental issues for institutions who want to get into the space
Bank of England Official: Central Banks May Lose Payments Race to Tech Companies
24.2.2020
The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector
Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming
24.2.2020
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking
Indian Supreme Court to Rule on Central Bank’s Crypto Banking Ban
24.2.2020
The building of the Indian Supreme court In New Delhi, India. Source: iStock/anil_shakya19
India’s Supreme Court is set to rule on a legal challenge to restrictions placed on banks dealing with cryptocurrency traders imposed by the central Reserve Bank of India (RBI). If the challenge proved...
‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
24.2.2020
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier
Senior Bank of England Official Calls for Urgent Digital Fiat Action
24.2.2020
Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that central banks act before tech giants establish dominance in the sector.
Per British newspaper the Telegraph, John...