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Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Blockchain as One of the Goals of Digital Government Strategy in Brazil
17.5.2020
Digital transformation with blockchain technology on a state level
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular
German Bank Partners With Singapore Fintech Consortium on Blockchain
17.5.2020
German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform
14.5.2020
China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform
CoinDesk 50: Silvergate – The Bank That Wasn’t Scared
14.5.2020
Silvergate was among the first U.S. financial institutions to embrace the crypto industry, and it's not letting go
Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy
14.5.2020
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash
China’s Central Bank Wants to Speed Up Blockchain Adoption
13.5.2020
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
Chinese Central Bank Calls for Yet More Blockchain Adoption
13.5.2020
The Chinese central bank’s technology leads have called for more blockchain adoption in the bank’s own operations and the wider, government-owned financial sector.
Per Sina, the People's Bank of China (PBoC)’s Financial Technology Committee held its first meeting of the year this week, with...
No, Donald Trump, Negative Rates Aren't a 'Gift' Bitcoin Advocates Warn
13.5.2020
What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters
Cambodia’s New DLT Payments Network Aims to Undermine US Dollar
13.5.2020
The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year
Metal Pay's New Blockchain Allows Bank and Payment Platform Integration
12.5.2020
Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world
Bank of England: No Compromise on Our Principles for Any Future CBDC
12.5.2020
The Bank of England will not budge on its design principles for any future CBDC
Coinbase, Gemini First Crypto Exchange Customers at JPMorgan Bank: Report
12.5.2020
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services
JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers
12.5.2020
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services
Bitcoin Advocates Cry Foul as US Fed Buying ETFs for the First Time
12.5.2020
Yet another unprecedented move from the U.S. central bank to shore up the fiat economy means that it is violating its own charter, critics warn