Search
Tencent to Build Virtual Bank After Hong Kong Regulator Approves License
8.11.2019
Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank
Holders of the Digital Yuan Will Not Be Paid Interest
8.11.2019
China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...
Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report
8.11.2019
Malaysia plans to impose a $6,000 limit on cash transactions in 2020
Former PBoC Governor: Libra Would Be Trusted If Run by IMF
8.11.2019
Zhou Xiaochuan — the People’s Bank of China’s longest-serving governor — has proposed Libra would be more easily trusted if it were in the hands of the IMF
Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official
8.11.2019
The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner
Reserve Bank of India (RBI) Eases Refinancing Limits on Selected Borrowers
8.11.2019
In a development that should come as a major boost for Indian banks that operate overseas, the Indian central bank RBI eased restrictions with regards to refinancing certain loans. According to the policies that are going to go into effect in December this year, foreign branches of Indian banks...
DBS Bank Partners with Singapore Government to Launch Blockchain Trade Platform
8.11.2019
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade
Crypto-Friendly Silvergate Bank IPO Debuts on NYSE
8.11.2019
The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp...
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
8.11.2019
International banking regulator the Basel Committee works to establish guidelines for handling crypto assets
Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE
7.11.2019
Pro-crypto bank Silvergate Capital opens at $12.75 in first day on the NYSE in first day of public trading
Crypto-Friendly Silvergate Bank Goes Public on New York Stock Exchange
7.11.2019
Silvergate is seeking as much as $65 million with its IPO debut on the New York Stock Exchange Thursday
Crypto Exchange CEX.io Boosts US Push With Silvergate’s Payment Network
7.11.2019
U.K.-based crypto exchange CEX.io says it's joined the Silvergate Exchange Network, the payment rail of the go-to bank for crypto in the U.S
Development Bank of Namibia Brings High-Level Finance to Namibia
7.11.2019
The financial industry has grown at a fair clip over the past decade or so in Africa, and one of the nations that can now boast of a highly evolved finance industry in Namibia. However, such development does not take place in a vacuum, and there needs to be institutional support in place so that...
After Xi, China’s Central Bank Gives Blockchain Tech a Pump
7.11.2019
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China
Hong Kong Steps Up Research Into Central Bank Digital Currency
7.11.2019
The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020
Nirvana Sports and TNB Collaborate to Launch “Sports Time Bank”
7.11.2019
In the pursuit of a high-speed combination of blockchain technology with diversified industries, the TNB time-value transmission network and Nirvana Sports have officially reached strategic collaboration regarding technological blockchain development and the fantasy of sports power. #TNB...
TPBank Becomes the First Vietnamese Bank to Join RippleNet
6.11.2019
Vietnam’s Tien Phong Bank (TPBank) is the recent financial institution to join RippleNet. According to the reports, from this month onwards, RippleNet will facilitate the bank to provide quicker, more convenient, and secure international transactions to its customers. TPBank was established in...
China Signs Agreement With Hong Kong Central Bank for Blockchain Push
6.11.2019
China, Hong Kong partner on blockchain trade finance push
IBM Teams Up With Bank of America to Create Cloud Technology for Financial Services
6.11.2019
In a development that is surely going to have far-reaching ramifications for the banking and financial services industry, International Business Machines (IBM) announced today that it had created a financial services centric cloud technology in partnership with Bank of America. It is a significant...
Azerbaijan to Adopt Blockchain-Based ID System in 2020
6.11.2019
The Republic of Azerbaijan plans to implement its blockchain digital ID system in Q1 2020