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Brazil Central Bank Debuts IBM Blockchain Interbank ID System on Hyperledger
12.6.2019
A Hyperledger Fabric blockchain ID system has been launched by Brazil’s central bank
Bitsa is a Crypto Card Europeans Can Top Up With BCH
12.6.2019
The release of a new crypto debit card is an event that deserves attention. On one hand, the launch shows there is a growing demand from cryptocurrency users. On the other, it means businesses see an opportunity to profit from providing this type of product. Bitnovo, a Spain-based fintech company...
VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform
11.6.2019
The vice president of the largest Brazilian bank revealed that local banks are preparing to introduce a unique blockchain platform on June 12
Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management
11.6.2019
Major South Korean commercial lender KB Kookmin Bank has signed an MoU with blockchain technology firm Atomics Lab to jointly explore digital asset management solutions
Korea’s Biggest Bank Is Preparing to Custody Digital Assets
11.6.2019
KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering
Philippines’ Central Bank Will Continue to Closely Monitor Crypto, Citing Terror Financing
11.6.2019
The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing and said the institution will continue to surveil their use in the country
Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
11.6.2019
The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said
Bank to Basics: USC Project Seeks to Disrupt Traditional Wholesale Banking
10.6.2019
The USC project is set to have a big impact on wholesale banking: “We didn’t know if the characteristics were possible. The funding signals that it is possible”
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies
7.6.2019
India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal
Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
7.6.2019
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services
Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
Ethereum Price Analysis: Ethereum Start-ups Team to Give Bank Account-like Protection to ETH Coins
7.6.2019
Two Ethereum start-ups join hands to develop bank account-like protection for ETH coins. The bullish medium-term places the coin at $500 target. Cryptocurrencies have traveled a long distance since the inception in the effort to replace the conventional banking and financial system. But the...
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Egypt Lays Out Path for a Crypto Future With Draft Law
6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies
India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies
6.6.2019
India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...
Global Outlook Cut Down To Decade Low By World Bank As Trade Nosedives
5.6.2019
The trading sentiment at a global level has been at one of its lowest ebbs for quite some time, and perhaps the primary trigger for that has been trading war between the United States and China. When the two biggest economies in the world are involved in a trade war, then it is certain...
Think Tank Tells Swiss National Bank to Launch Swiss Franc Token, Embrace DLT
4.6.2019
Switzerland’s national bank should work with big industry players to develop a Swiss franc token, a think tank says
Judgment Delivered in Favor of a Crypto Exchange in Israeli Supreme Court
4.6.2019
The Highest court of Israel has stated on 3rd June that bank Leumi cannot stop digital currency exchange Bits of Gold on the regulatory grounds to have an account as reported. Previously in 2018, the court had declared a temporary injection forbidding the major bank of the country from supporting...