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Nalezeno "Banks": 3176

Basel Committee wants to limit banks' digital asset exposure to just 1% of equity

30.6.2022
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium

Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal

30.6.2022
After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.” According to a new consultation...

Integrating blockchain-based digital IDs into daily life

30.6.2022
Blockchain tech is pushing the boundaries of ID management as governments look for scalable solutions that promote privacy, control and decentralized data management

Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes

30.6.2022
Holdings for unbacked crypto would be limited to 1% of a lender’s capital, under plans put out for consultation Thursday

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...

Bank of Russia Accelerates Schedule for Digital Ruble Project

26.6.2022
The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than...

Russia to Trial Digital Ruble Settlements for Real Estate Deals

23.6.2022
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart...

RBI, Indian Banks to Pilot Blockchain Trade Financing: Report

23.6.2022
The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday

BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off

23.6.2022
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...

BIS: 90% of Central Banks are researching the utility of CBDCs

21.6.2022
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems

Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin

21.6.2022
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others

After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing

21.6.2022
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. ... Read More: After Inflation Fiasco, Central...

From games to piggy banks: Educating the Bitcoin ‘minors’ of the future

19.6.2022
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it

Sberbank to Conduct First Digital Asset Transaction on Own Platform

19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

How a DAO for a bank or financial institution will look like

19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?

Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks

17.6.2022
As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges. In a statement, the country’s government said that the exchanges that...

Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks

17.6.2022
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...