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Chinese Central Bank Updates Digital Yuan App – Here’s the Latest

18.9.2023
The Chinese central bank has updated its digital yuan app, adding new CBDC-powered features, “service” options, and utilities bill payment functions. The central People’s Bank of China (PBoC) released its mobile app in early 2022. It followed up with a major update at the end of last year. Per...

Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services

16.9.2023
Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one...

Brazil's Central Bank Pix Joins Ramp Network's Payment Solutions

15.9.2023
Crypto startup Ramp Network has integrated Pix, a payment method offered by the Central Bank of Brazil. The integration of Pix is expected to significantly ease onboarding to crypto for both individuals and businesses in Brazil, given the widespread use of the payment method in the country. The...

Deutsche Bank Partners Taurus to Offer Crypto Custody Services

15.9.2023
Taurus, a Swiss crypto infrastructure firm has announced a partnership with Deutsche Bank to set up cryptocurrency custody alongside tokenized services for its clients. According to a press release on Sept 14, the bank entered a global agreement with the firm to utilize its infrastructure...

SWIFT CBDC Interlinking Solution Enters Beta Testing

15.9.2023
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial payment services, has announced that its central bank digital currency (CBDC) connector has entered beta testing stages. SWIFT reported that three central banks are already testing this...

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