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Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
3.6.2019
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs
Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform
3.6.2019
Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric, co-developed by IBM and the country’s central bank
Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption
1.6.2019
The CEO of the firm developing the Bahamas’ central bank digital currency said that startups will be key to its adoption
Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements
31.5.2019
A Russian subsidiary of Austria’s Raiffeisen Bank International has introduced a blockchain platform for settlements by holding firms
A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle’s SeedInvest
31.5.2019
Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform
Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams
30.5.2019
Rwanda’s central bank has issued a warning about alleged ICO scams and crypto pyramid schemes targeting the country’s residence
Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance
30.5.2019
Russia's largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto
SoftBank’s Vision Fund Aims To Get $4 Billion Loan Against Its Stakes In Tech Companies
30.5.2019
As far as private equity funds for tech companies are concerned, there is nothing bigger than Japanese conglomerate SoftBank’s Vision Fund, which started with an incredible $100 billion in its coffers. Over the years, it has made some of the biggest investment in tech and owns significant stakes...
Philippine Bank RCBC Waiting For Regulatory Consent To Present Stablecoin On IBM Blockchain
30.5.2019
The most significant credit card issuing bank of Philippines is waiting for regulatory approval to issue Philippine Peso based digital coin on the newly launched blockchain of IBM. The blockchain of IBM is a real-time worldwide payment network, specially created for the financial institutions...
Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020
29.5.2019
The Central Bank of the Bahamas will sign an official agreement tomorrow to develop its digital fiat currency system called “Project Sand Dollar”
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