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Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure

28.2.2020
When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce

Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving

28.2.2020
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread

South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System

27.2.2020
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung

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. Adoption news 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...