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Dubai Real Estate Department Signs MoU With Telecoms Firm to Implement Blockchain

10.6.2019
The Dubai Land Department and telecoms firm Etisalat have signed a memorandum of understanding concerning real estate blockchain technology

G20 Starts Crypto Discussions – A Look at Global Standards

9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...

Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services

7.6.2019
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services

Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP

7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications

Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain

7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment

Egypt Lays Out Path for a Crypto Future With Draft Law

6.6.2019
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?

3 Top Executives Depart Online Lending Fintech Startup SoFi

6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services

Galaxy Digital Fund Leads Funding Round for Blockchain-Based Game Platform

6.6.2019
A Galaxy Digital fund led an almost $2 million funding round for a blockchain-based engagement program for online gamers

US CFTC Chair: Blockchain Would Have Improved Regulator Response to 2008 Financial Crash

4.6.2019
The U.S. CFTC chair says blockchain would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 crisis

Judgment Delivered in Favor of a Crypto Exchange in Israeli Supreme Court

4.6.2019
The Highest court of Israel has stated on 3rd June that bank Leumi cannot stop digital currency exchange Bits of Gold on the regulatory grounds to have an account as reported. Previously in 2018, the court had declared a temporary injection forbidding the major bank of the country from supporting...

Israeli Supreme Court Rules in Favor of Cryptocurrency Exchange in Bank Dispute

4.6.2019
Israeli bank cannot ban a crypto exchange’s account on the grounds of regulatory concerns, says supreme court judge

Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

3.6.2019
Brazilian state-owned bank BNDES will finance a documentary using its own real-pegged stablecoin

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

Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization

3.6.2019
The Utility Settlement Coin project — led by some of the world’s leading banks — has established a new firm and completed a $63.2 million Series A financing round

Digital Coins to be Minted by Global Banks For Faster Overseas Money Transfers

3.6.2019
As per the latest reports doing the rounds since today morning, leading banks in Europe, Japan, and the United States are in the process of building digital coins that are based on the blockchain technology. These digital coins will be used as a handy tool to settle cross-border money transfers...