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Five Banks Looks to Take Part In Pilot Testing For Russian’s CBDC

Several Russia-based financial establishments have reportedly displayed their desire to take part in testing for the nation’s CBDC – tentatively to be rolled out in the first half. of next...

| Oct 16, 2020 15:15

Bank of Korea Set Up A Department Dedicated to Blockchain and AI

The Bank of Korea has reportedly decided to set up a “Digital Innovation department”, as part of its organizational reform in the later half of 2020. Specifically, the bank is reportedly looking...

| Jul 23, 2020 16:29

Chinese Bank Finalized Issuance Process of $16.9 Billion Blockchain-based Commercial Paper

The China-based Zheshang Bank has reportedly finalized the issuance process of an asset-backed commercial paper (ABCP), with the help from blockchain. Specifically, the paper, equivalent to $16.93...

| Jun 09, 2020 18:16

Swiss Bank Obtained Regulatory Greenlight to Support Crypto Transactions

The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted regulatory greenlight to InCore bank to carry out crypto assets transactions. Specifically, the new initiative will...

| May 31, 2020 10:15

Coinbase And Gemini to Become JPMorgan First Crypto-related Clients

US-based major bank JPMorgan Chase will reportedly be offering its services to crypto exchange heavyweights Coinbase and Gemini, marking the bank’s first clients from the crypto sector. ...

| May 13, 2020 17:47

Central Banks Will Have to Introduce Their Own Digital Currency Soon Amid Facebook’s Libra Force

After expressing a rather harsh attitude towards cryptocurrencies in the past years, Agustin Carstens – chief of the Bank for International Settlements (BIS) – has agreed that central...

| Jul 03, 2019 03:24