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Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
29.8.2019
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation”
Binance Research Presented a Report on CDBC Proposed Digital Ledger
29.8.2019
The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
28.8.2019
After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore
Why Regulation Is the Best Thing for Crypto
28.8.2019
Regulation is coming to the crypto space and we should embrace it. Do you agree?
Macquarie of Australia Set to Raise $675 Million to Invest in Renewables and Tech
28.8.2019
Tech and renewable energy are two sectors that are expected to be much bigger in the years to come, which is why some of the biggest investment banks in the world are getting into the sectors in a big way. Tech is already big, but the scope of growth is still immense, while renewable energy...
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
27.8.2019
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports
Winklevoss Twins’ Gemini Exchange Joins Silvergate Crypto Lending Network
27.8.2019
The Silvergate Exchange Network provides a frictionless way to transfer U.S. dollars "around the clock."
HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade
27.8.2019
HSBC becomes the first bank to finance a transaction on blockchain trade platform we.trade
Central Bank Asks Norway’s Sovereign Wealth Fund to Wind Up Investments in North America
27.8.2019
The world of investments is no longer only restricted to funds and the investment divisions of the biggest investment banks. In the past, such investors had a huge influence over the capital markets, but over the past few decades, some of the world’s biggest sovereign wealth funds have become...
Brazilian Central Bank Changes its Cryptocurrency Classifications
27.8.2019
The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies.
In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the BCB said...
Brazil Central Bank implements IMF Guidelines, Acknowledges Cryptocurrencies as Assets
27.8.2019
Recently, the Central Bank of Brazil has proceeded to categorize selling or buying cryptocurrency resources as per IMF (International Monetary Fund) rules. Brazil’s national bank declared its choice just recently. Besides, with the new type of classification as per IMF standards, exchanged...
Africa’s Biggest Bank Standard Bank Signs Fintech Deal to Target Small Shops
27.8.2019
Over the past half a decade or so, the Fintech Industry has grown at a remarkably high pace, and now it is rapidly growing in almost all continents. Africa may have been late to get into this revolution, but now a range of Fintech firms have come about that provide a wide range of services...
Brazil Central Bank Adopts IMF Guidelines for Crypto Classification
26.8.2019
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
Estonia Grants Crypto Trading and Custody License to WEG Bank
26.8.2019
German bank WEG Bank is now licensed to trade and hold cryptocurrency for clients in Estonia
Governor of Bank of England Proposes a New Digital Currency
25.8.2019
In an important announcement which could possibly have a far-reaching impact on the cryptocurrency sphere, Mark Carney, governor of Bank of England has opined that reliance of the world on the US dollar as a primary Fiat currency is not a good indicator and could possibly spell trouble for...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...