2022-8-9 11:51 |
The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC).
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The Reserve Bank of Australia (RBA) is looking to establish use cases for a central bank digital currency (CBDC) and determine the economic benefits it can have through a new research project over the coming months.
2023-3-2 20:27 | |
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The Reserve Bank of Australia (RBA) is to explore use cases for a central bank digital currency (CBDC) in "limited-scale" pilot alongside the Digital Finance Cooperative Research Centre (DFCRC).
2022-8-9 11:51 | |
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Australia's ANZ is mulling over introducing retail-oriented use cases for its recently launched stablecoin
2022-6-1 17:50 | |
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JPMorgan Chase is piloting the tokenization of DeFi on the blockchain in a project to explore crypto use cases by the central bank of Singapore. The post JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization appeared first on BeInCrypto.
2022-6-1 04:10 | |
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Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.
2022-5-25 22:15 | |
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The initiative seeks to evaluate use cases for a Digital Real and its technological feasibility, according to Brazil's monetary authority.
2022-3-4 22:39 | |
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Ethereum, the largest altcoin has a massive ecosystem of decentralized finance use cases with rapidly growing adoption. More institutional investors are seeing ether as a store of value. As per a CoiThe post BBVA Switzerland becomes first traditional bank in Europe to offer ETH to clients appeared first on AMBCrypto.
2021-12-14 23:30 | |
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Cross-border remittance is still one of cryptocurrency’s best use cases that will push it into mainstream finance. A Pakistani bank and one of UAE’s largest money transfer and forex houses have partnered through Ripple’s global payments network to enable a new payments corridor between the two countries.
2021-11-15 14:11 | |
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Ripple has partnered with the central bank of Bhutan to create its a digital Ngultrum, that will explore CDBC use cases in retail, cross-border and wholesale payments, the latest step in the central bank's innovative payment initiatives.
2021-9-25 20:22 | |
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Tezos (XTZ), a leading smart contracts platform for retail and business use cases, inks a crucial partnership with a clutch of major banks
2021-8-24 07:00 | |
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The US Marshals Service has chosen crypto startup Anchorage as its custodian for the cryptocurrencies seized in criminal cases. One of the primary law enforcement agencies of the Department of Justice (DOJ), USMS has been searching for a custodian since 2019 which has now come to an end with Anchorage which offers a wide range […] The post The US Marshals Service Picks Digital Asset Bank, Anchorage, as the Custodian of its Seized Crypto’s first appeared on BitcoinExchangeGuide.
2021-7-30 21:06 | |
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American investment bank Goldman Sachs has become the latest organisation to give Ethereum (ETH/USD) a vote of confidence. The bank believes ETH’s real-life use cases might see it topple Bitcoin (BTC) to become the leading digital store of value in the next few years.
2021-7-7 13:24 | |
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The National Westminster Bank (NatWest) has temporarily imposed a limit on the daily amount that its clients can send to crypto exchanges like Binance, over concerns of rising cases of crypto-related scams and fraud, according to the Bank’s spokesperson.
2021-6-30 16:05 | |
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The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.
2021-6-24 06:00 | |
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As part of the new cities program, some workers in Xiong’an will now receive salaries in digital currency from the PRC’s central bank. The authorities said in a statement that building smart cities involves experimenting with the digital yuan, driving innovation, use cases, and effectively promoting new regions and people.
2021-6-15 22:21 | |
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The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday.
2021-5-28 18:31 | |
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Central bank digital currencies (CBDCs) are rapidly moving towards global implementation, per a report from Bison Trails. According to the blockchain startup, several countries are exploring the use cases for CBDCs.
2021-5-20 19:32 | |
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Cuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island.
2021-5-19 12:30 | |
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According to a statement by Guo Weimin, Bank of China’s chief scientist, the economic turmoil caused by the pandemic is one of the reasons why Chinese corporations should urgently shift to the use of digital currencies, stating: “There will be a lot of challenges from the pandemic that will make good cases for the useRead More
2021-1-22 17:00 | |
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On Monday, local Chinese media The Paper reported that the district of Suzhou in Xiangcheng would launch a lottery to give away the country’s central bank digital currency (CBDC) in a bid to test the real-use cases of the digital currency.
2020-11-23 20:50 | |
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Reserve Bank of Australia (RBA) has joined forces with other financial institutions and ConsenSys Software to launch a research project on wholesale central bank digital currency. The initiative aims to find out the use cases, benefits, as well as implications of the wholesale form of CBDCs, according to a press release on November 2, 2020.
2020-11-3 00:00 | |
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Coinspeaker China’s Central Bank Processes Over 3. 1 Million Transactions in National Digital CurrencyThe Central Bank of China has researched over 6,700 use cases for its CBDC and wired more than 5000 payments in the national digital currency to healthcare workers to boost the fight against the coronavirus.
2020-10-7 14:59 | |
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China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more.
2020-9-24 05:17 | |
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Global financial services company, Mastercard launched a Central Bank Digital Currencies (CBDCs) virtual and custom ‘testing’ platform, for central banks to evaluate use cases of national digital The post Mastercard launches CBDC testing platform for central banks to explore use cases appeared first on AMBCrypto.
2020-9-9 17:30 | |
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The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020 and expand its use cases beyond the financial sector.
2020-5-29 19:00 | |
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A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency.
2020-5-29 16:00 | |
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Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.
2020-5-28 16:32 | |
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The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […]
2020-3-30 23:08 | |
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Lael Brainard said in a speech that the Fed is looking at digital ledger use cases including for a possible central bank digital currency.
2020-2-6 15:00 | |
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Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case.
2019-11-27 20:18 | |
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The Excise Department is working with Krungthai Bank to develop a blockchain-based tax refund system. This department is also seeking ways to integrate blockchain technology in the tobacco, liquor, and other industries.
2019-11-26 22:24 | |
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There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of collapse, but that is not all. They also have the power to ditch their customers with impunity as Sequoia partner Roelof Botha just found out.
2019-11-18 11:00 | |
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China’s central bank and financial regulator, the People’s Bank of China (PBoC) has endorsed the revolutionary distributed ledger technology (DLT). The apex bank has made it clear that blockchain tech has real use cases in the financial sector, as it significantly reduces the risks involved in trade finance, reports Reuters on November 6, 2019.
2019-11-7 14:00 | |
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Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies.
2019-7-2 21:15 | |
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Ripple, the real-time gross settlement system, has been working hard towards the adoption of their native cryptocurrency, XRP. While proponents of other cryptos are working towards increasing the use cases of the coin, Ripple took XRP to the banks and provided them with a liquidity solution called xRapid.
2019-6-21 21:00 | |
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Russia under the press of stifling international sanctions is looking for ways to conduct international settlements. A variant with crypto is being considered – this is reported by the Russian state news agency TASS with reference to Elvira Nabiullina, the head of the Bank of Russian.
2019-5-25 14:02 | |
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The chief fintech officer for Singapore’s central bank said that the organization’s experiments with blockchain found solid use cases in cross-border payments
2019-5-4 04:35 | |
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Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
2019-5-3 17:40 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.
2019-4-30 20:16 | |
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India’s crypto dilemma does not seem to end as the delays in finalizing regulations were followed by a delay in the judgment over various impending cases in the Supreme court related to crypto use. After the 29th of March hearing was postponed regarding the finalization of crypto regulation by the finance ministry, the crypto community […]
2019-4-28 20:30 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations.
2019-4-20 23:38 | |
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Central Bank Of Russia Analyses Benefits And Drawbacks Of Issuing A CBDC The Central Bank of Russia is analyzing the positive and negative effects of issuing a central bank digital currency (CBDC). The information was released by the institution on April 18.
2019-4-20 22:08 | |
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Goldman Sachs Group, Inc. , a United States-based multinational investment bank has announced plans to open-source its proprietary securities trading and risk management software in a bid to crowdsource new use cases and earn the loyalty of computer-driven traders, according to a Slashdot report on April 4, 2019.
2019-4-5 15:00 | |
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By CCN. com: In recent years, government agencies across the world have vamped up their efforts to crackdown on money laundering involving cryptocurrencies like bitcoin. Yet, money laundering scandals involving some of the largest banks in the world dwarf any cryptocurrency-related incidents.
2019-3-29 17:05 | |
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Andrew Hinkes, a blockchain lawyer, has recently decided to help Initial Coin Offering (ICOs) issuers to fight back the system. He was previously the general counsel at Athena Blockchain, a blockchain-based investment bank, and he also was a law professor at the New York University.
2019-3-23 04:19 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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Corda Ecosystem Welcomes Qatar’s Commercial Bank To Expand Blockchain The R3 Corda network is comprised of multiple institutions, and it provides a space where corporations can perform transactions privately.
2019-3-15 20:43 | |
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CoinSpeaker UK Bank NatWest Debuts Credit Cards with Built-In Fingerprint ReaderNatWest Bank will debut new NFC payment cards with built-in fingerprint scanners for testing in mid-April in an attempt to curb down theft cases associated with payments via credit and debit cards.
2019-3-12 13:31 | |
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Arkham's entry into spot trading could intensify competition, potentially driving innovation and regulatory scrutiny in the crypto market. The post Arkham to debut spot trading platform, competes with Coinbase, Crypto.com appeared first on Crypto Briefing.
Microsoft's consideration of Bitcoin investment could influence other major corporations to reevaluate their cash management strategies. The post Michael Saylor to present Bitcoin investment strategy to Microsoft’s board appeared first on Crypto Briefing.
ai16z and Ryze Labs launch AICombinator with a $5M fund to support developers and drive AI-crypto innovation. The post ai16z partners with Ryze Labs to launch AICombinator with $5M fund appeared first on Crypto Briefing.
Donald Trump to meet Coinbase CEO Brian Armstrong in a discussion that might include SEC leadership and plans for the crypto advisory council. The post Trump set to hold private meeting with Coinbase CEO appeared first on Crypto Briefing.
Trump's TMTG is discussing acquiring crypto exchange Bakkt to expand its market presence, using its stock for the deal. The post Trump’s social media group in talks to buy crypto exchange Bakkt appeared first on Crypto Briefing.
Goldman Sachs' blockchain venture could accelerate financial innovation, potentially reshaping industry standards and enhancing market efficiency. The post Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements appeared first on Crypto Briefing.
Key takeaways XRP rallied by over 80% in a week to hit $1 amid a favorable regulatory shift. Vantard’s presale now stands at $838k as more investors troop into the project. XRP rallies to $1 XRP, Ripple’s native coin, has rallied more than 80% over the last seven days.