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No Obvious Requirement for National Crypto: Head of Central Bank of Russia

12.10.2019
The Head of Central Bank of Russia, Elvira Nabiullina, doesn’t think the country requires a national digital currency of its own, as per the reports of Russia’s news outlet Tass. Nabiullina also disclosed that the Bank of Russia had been studying the matter, and the requirement of issuing...

Major Chinese Bank Updates Blockchain Platform After $50 B Transacted

12.10.2019
China Construction Bank updates blockchain trading platform after transacting over $50 billion

Alfa-Bank, Commerzbank Pilot Cross-Border Payments on R3’s Marco Polo

12.10.2019
Alpha-Bank and Commerzbank launch a pilot project of Russia-Germany payments via Marco Polo Network

Bank of Ireland Execs Back Out of Testifying in OneCoin Scam Hearings

12.10.2019
Bank of Ireland executives change their stance about voluntary testimony in the OneCoin scam case

Bank of England Drafts Out Regulatory Measures for Facebook’s Libra Cryptocurrency

11.10.2019
Facebook-led stablecoin project, Libra has managed to grab the attention of financial leaders all around the world, surprisingly, for all the negative reasons. It has been subject to backlash from regulatory authorities globally concerning its vulnerability to upset the financial scenario in...

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

11.10.2019
Bank of America has begun hiring for blockchain positions, the first indicator that the bank plans to do much else with the tech besides filing patents

Lending Protocol Founders to Launch ‘Neo-Bank’ Offering Interest on USDC

10.10.2019
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

10.10.2019
Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief

Bank of America’s Job Posting Hints It Hired a Dedicated Ripple Specialist

10.10.2019
Bank of America’s job posting suggests Ripple hook-up incoming

Libra under Fire from US Politicians, But Bank of England Offers Hope

10.10.2019
Mark Zuckerberg. Source: a video screenshot, Youtube, Guardian News Regulators on both sides of the Atlantic are taking very different approaches to Facebook’s Libra project – with American politicians hoping to strong-arm the social network and Libra partners, while British central bank officials...

UK’s Central Bank Establishes Provisions for Facebook’s Libra

9.10.2019
The Bank of England has established provisions for Facebook’s Libra should it be issued in the country

Crypto Debit Card Firm Cryptopay Launches UK Bank Transfers With British Pound

9.10.2019
Crypto wallet and debit card service company Cryptopay now offers transfers with pounds sterling

Bank of England Sets Out Rules for Libra Launch in the UK

9.10.2019
The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch

Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

9.10.2019
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets

French State-Owned Bank Joins $8M Lightning Network Startup Funding

9.10.2019
Bitcoin’s Lightning Network dev ACINQ raises $8M in a new funding round

Major German Coop Bank Passes Negative Interest Rates to Customers

9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...

Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts

8.10.2019
Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated...