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Kraken Unveils Crypto Custody Service for US Institutional Clients


Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service.  The post Kraken Unveils Crypto Custody Service for US Institutional Clients appeared first...

Sweden’s Riksbank Releases Final Report on CBDC Project


Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.  The post Sweden’s Riksbank Releases Final Report on CBDC Project appeared first on Cryptonews

Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC


The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making...

Bank of Japan likely to increase interest rate


Speculations are rife regarding the possibility of the Bank of Japan increasing its interest rates very shortly, following a period of 17 years. This is due to the biggest union group in Japan declaring the toughest wage propositions in more than 30 years. Following this, the yen witnessed a slight...

China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors


The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments. The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews

The Biggest Bank Heist in History Is Coming


Regulators are permitting banks to tokenize financial assets such as bank deposits, U.S. Treasuries and corporate debt. But they want institutions to use permissioned networks rather than the decentralized blockchains that keep assets safe from hackers

Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study


An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...

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