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Sweden’s Central Bank Asks Gov’t: What’s ‘Legal Tender’?

Sweden’s central bank has its parliament to form a committee to review what constitutes legal tender in the country. Originally reported by Bloomberg’s Amanda Billner, the new committee will give a definitive answer on the definition of legal tender as Sweden increasingly moves away from cash to credit and debit cards for paying for goods and services. дальше »

2019-5-3 12:00


After a Three-Year Test of Blockchain, Dutch Central Bank is Not Impressed

As blockchain technology becomes increasingly popular, there are many financial institutions that have started to experiment, hoping to see if the fintech can benefit them. One of the longest-running tests has been with the Dutch Central Bank, which created its own distributed ledger technology (DLT) prototypes to evaluate for the last three years. Reports from […] дальше »

2019-5-2 14:12


Фото:

JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’

Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin. дальше »

2019-5-2 14:03


Фото:

Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain. дальше »

2019-5-1 17:15


Ripple Partner Bank of England’s Governor Promises to Reinvent the Central Bank for ‘Fourth Industrial Innovation’

Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […] дальше »

2019-4-30 18:34


Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street

The Governor of the Bank of England, Mark Carney, has vowed to transform the central bank in preparation for… The post Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street appeared first on Invest In Blockchain. дальше »

2019-4-30 09:01


Фото:

Crypto Day of Reckoning In Sweden? Central Bank Urges Clarification on Legal Tender

The oldest central bank on the planet has called on politicians to define the concept of money legally and its definition may include crypto. In an increasingly cashless society, the Swedish Riksbank is struggling to come to terms with its diminishing responsibilities and is seeking clarification on them as a matter of urgency. дальше »

2019-4-30 02:00


Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters

By CCN. com: For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam. дальше »

2019-4-26 19:10


First Token Merger Launches by ARAX and COSS, Aims to Start a Utility Token for Multiple Platforms

The cryptocurrency industry has been in a constant state of evolution since the first day that whitepaper on Bitcoin came out. The whole point of crypto at all is to erase the needs for a central authority, but one of the problems that the market faces is the individuality of all of these platforms. However, […] дальше »

2019-4-25 03:33


Есть ли будущее у национальных цифровых валют?

Банк России выпустил аналитическую записку, в которой постарался ответить на вопрос: «Есть ли будущее у цифровых валют центральных банков?». Эта тема уже давно обсуждается на уровне центральных банков ведущих экономик мира в контексте целесообразности запуска CBDC (central bank digital currency), то есть обязательств ЦБ, номинированных в национальной валюте, имеющих цифровое представление и способных выступать в […] дальше »

2019-4-23 10:44


JPMorgan Expands Blockchain Network For Interbank Services

Central banking giant JPMorgan Chase plans to expand its blockchain network to include interbank settlements, in an effort to ward off competing services like TransferWise and Ripple. Formed in 2017 through collaboration between the Royal Bank of Canada and Australia’s ANZ Bank, the Interbank Information Network (IIN) utilizes the Ethereum-based Quorum blockchain to solve compliance […] The post JPMorgan Expands Blockchain Network For Interbank Services appeared first on Crypto Briefing. дальше »

2019-4-23 22:56