Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits
The Swiss government has quashed the idea of offering a digital currency, saying it currently presents more problems than opportunities Go to Source Powered by WPeMatico
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BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state Go to Source Powered by WPeMatico
ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins
Christine Lagarde says financial institutions should foresee the demand for stablecoins Go to Source Powered by WPeMatico
IBMR and Blockchain Firm Algorand Launch Microfinance Platform
IBMR and Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia Go to Source Powered by WPeMatico
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business Go to Source Powered by WPeMatico
Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries
Swiss crypto bank SEBA has rolled out its services to clients across Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal Go to Source Powered by WPeMatico
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of the yuan just rose to its highest level since … Read more
German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
Solaris Digital Assets GmbH will provide the full range of solarisBank’s digital white-label banking services Go to Source Powered by WPeMatico
Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges
SBI Group-backed crypto compliance firm Elliptic launches a new tool that will allow banks to work more closely with crypto exchanges Go to Source Powered by WPeMatico
Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control Go to Source Powered by WPeMatico