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China Issues Digital Currency Guide for Party Cadres


Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...

US and European Regulators Say Crypto a Priority This Year


Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus...

MUFG Bank Issues First Blockchain-powered Letter of Credit + More News


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. Blockchain news Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first...

Philippine ‘Crypto Valley of Asia’ to Get Own Airport


The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address the needs of...

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions


The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...

SCB Bank Collaborates With Ripple To Launch SCB Easy Mobile App


Taking pride in being Thailand’s oldest and one of the most leading banking institutions, the Siam Commercial Bank (SCB) has broadcasted the news about the launch of a digitalized mobile application, SCB Easy. The app will be powered by the expertise of the Ripple network and will help...

Federal Reserve Considers Creating a Separate Entity for Cash Injections


While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank...

Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens


Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....

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