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President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
29.5.2019
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies
European Bank Official Shares Benefits Of Central Bank Digital Currencies, Positive Signs For Industry
29.5.2019
The European journey for cryptocurrencies has been quite dull, slow, and even uncertain at times. Compared to other regions like Asia and South America, Europe has stayed quite cold and unexplored in terms of digital currencies. However, recent developments in Europe are quite encouraging for...
G20 Countries Start Implementing Unified Cryptocurrency Standards
29.5.2019
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...
Dubai Government and UAE Bank Unveil Blockchain-Based Mortgage Platform
28.5.2019
The Dubai Land Department and Mashreq Bank now jointly offer a blockchain-based platform for conducting mortgage sales and maintaining digital records
Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
28.5.2019
A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto
South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
28.5.2019
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
Iran Developing National Blockchain Platform on IBM Hyperledger Fabric
28.5.2019
Iran is currently actively developing a national blockchain platform that will eventually run the country’s financial market
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies
European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
27.5.2019
A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech
Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks
27.5.2019
The Reserve Bank of Malawi said that crypto is not legal tender in the country, while the bank is against crypto-related activities
Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
27.5.2019
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia
27.5.2019
Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...
S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’
27.5.2019
South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans.
The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...
SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans
27.5.2019
Why SBI’s plans for its crypto exchange involve business synergy and institutional investors
How Crypto-Based Microfinance Benefits Small Businesses
27.5.2019
Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining...
Crypto-Italy: Institutions, Politics, Business and Society
26.5.2019
Is Italy going “crypto”? Some significant changes have been affecting institutions and politics before today’s 2019 European elections — a survey on the status of the blockchain revolution in the Bel Paese
Ripple (XRP) Price Analysis: Siam Commercial Bank (SCB) Locks Ripple Blockchain, XRP On Hold
24.5.2019
Thailand’s largest commercial bank, Siam Commercial Bank will use Ripple Blockchain Ripple earns traction against SWIFT Siam Commercial Bank (SCB) took to Twitter to announce the integration with Ripple Blockchain. They also mentioned that XRP token would be taken up after the next announcement....
Security Token Platform iSTOX Admitted to Central Bank Sandbox
24.5.2019
iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore's central bank
Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
24.5.2019
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake,...
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor