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Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain
19.10.2020
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon
Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
19.10.2020
Fujitsu has been working on blockchain-based digital identity tools since 2019
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe
19.10.2020
A Puerto Rico-based bank founded by long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion
Bitcoin genesis block is the ‘New Testament’ of finance
17.10.2020
No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency
Chinese Banks Stepping up Blockchain Cross-border Trade Financing
17.10.2020
Chinese banks are looking to up their cross-border trade game – with a series of new blockchain-powered innovations that could seek to reduce the nation’s dollar dependence.
Per Sina, the Beijing-based China CITIC Bank, the country’s seventh-biggest lender, has become the first domestic bank...
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
16.10.2020
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both
Nigerian Banks Shut Them Out, So These Activists Are Using Bitcoin to Battle Police Brutality
16.10.2020
As End SARS protests against police brutality surge through Nigeria, the Feminist Coalistion has turned to bitcoin as a financial lifeline
Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021
16.10.2020
Russia’s “cryptoruble” – its central bank digital currency (CBDC) initiative – is seemingly picking up momentum after years spent in limbo.
Earlier this month, the Russian Central Bank announced that it would consider debuting a digital token, after a year ago stating that there was no need...
Five Russian banks express interest in piloting digital ruble
16.10.2020
The first pilots of Russia’s digital currency are expected to launch in H1 2021
Central banks should be ready with CBDCs, says Bank of Canada exec
15.10.2020
Timothy Lane says the central bank is developing a CBDC at "a good pace.”
Governments and banks are the only winners with fiat currency, says Max Keiser
15.10.2020
His doom and gloom comments continue to roll in for global currencies
Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
15.10.2020
People will be able to “bank themselves” with crypto
Blockchain firm Monerium thinks Europe 'already has' a digital euro
14.10.2020
The ECB should grant e-money issuers access to central bank reserves, says Monerium
Around 100 Italian Banks Are Officially on a Blockchain
13.10.2020
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes
European Central Bank seeks public input on digital euro
13.10.2020
A digital euro would not replace cash, but complement it, says the European Central Bank
Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready
13.10.2020
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready...
Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
13.10.2020
Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев
A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves...
Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
12.10.2020
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues
Crypto banks are going to swallow fiat banks in 3 years — or even less
10.10.2020
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto