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Panic Withdrawals at Indian Bank Over Alarming KYC Notice


Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....

Six Central Banks Form Alliance to Pursue Research on Digital Currency


Six leading banks belonging to the Central Bank group have formed an alliance to work together to assess the potential for central bank digital currency (CBDC) in their respective jurisdictions. These banks include the Bank of England, Bank of Canada, Bank of Japan, European Central Bank, Sveriges...

Six Central Banks to Assess Potential Cases For Digital Fiat + More News


Source: iStock/orinoco-art Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A central bank group will assess potential cases for central bank digital currencies...

Crypto Experts Join OECD ‘High Level’ Advisory Board


The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. They will provide advice in helping develop international blockchain policy...

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