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Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
13.1.2020
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
US and European Regulators Say Crypto a Priority This Year
12.1.2020
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...
China’s Central Bank: Here’s the Latest on the Digital Yuan
10.1.2020
China's central bank said several "top-level" processes in developing a digital yuan are "almost complete
ANALYSIS: The Global Game of Coins Heats Up
10.1.2020
A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee
China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
10.1.2020
People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
MUFG Bank Issues First Blockchain-powered Letter of Credit + More News
10.1.2020
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.
Blockchain news
Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first...
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
Philippine ‘Crypto Valley of Asia’ to Get Own Airport
10.1.2020
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 President Pushes for a Central Bank Digital Currency
9.1.2020
Christine Lagarde has reiterated her interest in digital currencies, pushing for ECB’s involvement in the development of a CBDC
ECB Wants Active Role in Crypto, Will Not Deter Private Solutions
9.1.2020
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...
Australians Won’t Use Libra, Believes Central Bank
9.1.2020
Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment
SCB Bank Collaborates With Ripple To Launch SCB Easy Mobile App
9.1.2020
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...
Thai Bank Launches App For Instant Cross-Border Payments Powered By Ripple
9.1.2020
Major Thail bank launches mobile app powered by Ripple to facilitate fast, low-cost cross-border payments
Federal Reserve Considers Creating a Separate Entity for Cash Injections
8.1.2020
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...
ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives
8.1.2020
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives
Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
8.1.2020
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....
Major Spanish Bank Latest to Bring Blockchain Into European Finance
7.1.2020
Spain-based CaixaBank integrates We.trade, giving customers access to blockchain technology
Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
7.1.2020
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with...
Court Denies SEC Request to Make Telegram Reveal ICO Bank Records
7.1.2020
The U.S. District Court for the Southern District of New York has denied the SEC’s request to compel Telegram to reveal its bank records
Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist
7.1.2020
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath