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Crypto Startup Avanti Receives License To Operate as National Bank in Wyoming
30.10.2020
Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. It plans...
Loan refinancer and BitLiscensee SoFi is clear to launch a national bank in the US
28.10.2020
The new bank will be subject to heightened scrutiny from the OCC for at least three years
Online Lender SoFi’s Application to Create a National Bank Conditionally Approved by US
28.10.2020
The approval, if made final, opens the door for the new bank to custody cryptocurrencies
Massive Protests Led to Suspension of SWIFT and Banking Activities in Kyrgyzstan
9.10.2020
Kyrgyzstan has suspended the SWIFT system and recommended that banking activities be halted until the severe political unrest in the country stabilizes. Massive protests broke out after parliamentary elections as the opposition stormed government buildings and forced the prime minister to resign....
Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper
19.6.2020
Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
24.2.2020
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains
Egyptian National Bank Turns to Blockchain to Boost Remittance Business
12.2.2020
Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet
The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter
31.1.2020
Leading the way for a practical CBDC is — Cambodia
Cambodia Readies a Blockchain-Based Digital Currency
30.1.2020
Cambodia's central bank digital currency platform has the support of 11 national banks and will be used initially for domestic payments once launched at some point during the first fiscal quarter of this year
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs
National Bank of Cambodia Looking to Implement Cross-border Blockchain Payments
23.10.2019
In an interview with CNBC, Assistant Governor of National Bank of Cambodia, Serey Chea, said that her country is experimenting with the blockchain payment system. She expressed hope that in the future, the country will implement the open ledger technology to enhance efficiency and reduce...
Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...
Swiss National Bank to Research CBDCs at New BIS Innovation Hub Centre
8.10.2019
The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub
Swiss National Bank President Says Stablecoins Could Hamper Policy
7.9.2019
Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
Venezuela Government Orders The National Bank To Accept Petro
5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...
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
Ripple (XRP) Price Analysis: Cryptos Can Never Replace Banks- European National Bank; What is Next Ripple?
21.5.2019
Ripple’s aim to replace the banking sector has faced resistance by the officials of the Top European bank. The 2019 prediction goes with $1.1. Ripple (XRP) has been a dominant actor in the field of the alliance between the whole banking system and cryptocurrencies. RippleNet tries to become...
CEO of Ripple Equated xCurrent as an Upgrade to SWIFT
20.5.2019
In the recent Swiss National Bank Conference, many of the major players from the banks and financial institutions participated. The theme of the event was around the creation of CBDC’s and their impact on the global economy, and lastly the use of USD as the prominent currency on the global level....