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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...
Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services
20.9.2019
The sister branch of one of the banking giants in the Middle East, Arab Bank Switzerland has entered into a partnership with the Swiss-based blockchain technology firm, Taurus, to offer its affluent clients, a platter of services on crypto assets. These services would include custody, brokerage...
First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative
20.9.2019
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC
Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network
20.9.2019
JPMorgan Chase’s interbank blockchain network IIN reveals Singapore’s OCBC as the latest new member
Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network
20.9.2019
Bank of America follows in the footsteps of Mastercard to join the Marco Polo blockchain network
Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months
19.9.2019
The Argentine peso monetary base will be increased by 2.5% per month in the next two months, the central bank announced
Bank of America Joins Marco Polo Blockchain Trade Network
19.9.2019
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Libra Seen as Threat to National Currency Sovereignty, Pleads With G-7
19.9.2019
Libra meets with G-7 regulators amid regulatory hurdles surrounding its launch. Can the Facebook-backed token finally turn the tide in its favor?
Arab Bank’s Swiss Arm is Launching Cryptocurrency Services
19.9.2019
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services