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China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
27.9.2019
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
27.9.2019
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...
ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
27.9.2019
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
Medici Bank Launches Private Beta Testing in October: Report
26.9.2019
Medici Bank launches private beta testing in partnership with at least two crypto-related firms in October
Venezuelan Central Bank is Considering Holding Bitcoin and Ether
26.9.2019
State-owned oil and gas company PSDV asks Venezuelan central bank to explore storing BTC and Ether
‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official
26.9.2019
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets
Ex-UBS Head Wants His Crypto Bank to Tap $220B Cryptocurrency Market
26.9.2019
Peter Wuffli, former head of UBS, and director at Swiss crypto bank Sygnum sees a tremendous opportunity in providing custody services for cryptocurrency holders
The New Medici Bank Is About to Take On Its First Crypto Clients
26.9.2019
The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
25.9.2019
Lloyds Bank partners with blockchain firm Komgo to streamline its commercial bank division
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Bank of Japan Governor: Libra Needs Globally-Coordinated Regulation
24.9.2019
Facebook’s planned Libra stablecoin could have a “huge impact on society,” says the governor of the Bank of Japan
Japan’s Central Bank Chief Calls for International Effort on Libra Regulation
24.9.2019
The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra
China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
24.9.2019
China isn’t quite ready to launch a digital token after all, says PBoC
JP Morgan’s Interbank Information Network Gets Five New SK Members
23.9.2019
Five South Korean banking giants have joined JP Morgan for their blockchain-based payments initiative, the Interbank Information Network (IIN). The cross-border payments initiative operates on a ‘permissioned-variant’ of the Ethereum blockchain, dubbed, Quorum, and allows IIN members...
Why Has Brazil’s Central Bank Included Crypto Assets in Trade Balance?
23.9.2019
Brazil’s central bank will classify crypto as nonfinancial products, following IMF guidelines: What does that mean?
PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
Swiss Bitcoin Bank: UBS, Credit Suisse Interest ‘Clearly Picked Up’
23.9.2019
“I don’t see a bubble right now. I see more serious business planning and solutions addressing client needs,” says UBS ex-CEO Peter Wuffli of the crypto sector
Iran Is Being Targeted for Economic Independence, Not Terrorism
22.9.2019
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...