World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform Go to Source Powered by WPeMatico
Banks
Auto Added by WPeMatico
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but the company closed their account … Read more
Santander Redeems $20M Bond Using Ethereum Blockchain
Spanish banking giant Santander has just redeemed a $20 million bond that was issued in September via the Ethereum blockchain Go to Source Powered by WPeMatico
JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report
JPMorgan’s blockchain-based payment network, the Interbank Information Network, will reportedly launch in Japan in early 2020 Go to Source Powered by WPeMatico
Lithuanian Central Bank Announces Blockchain Collector Coin
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin Go to Source Powered by WPeMatico
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities Go to Source Powered by WPeMatico
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ – … Read more
Bank for International Settlements Exec Shows New Fondness for CBDCs
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities Go to Source Powered by WPeMatico
Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
Per Deutsche Bank’s recent research, people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies Go to Source Powered by WPeMatico
France to Test Its Central Bank Digital Currency in Q1 2020: Official
French central bank governor wants France to be the first country to issue a central bank digital currency Go to Source Powered by WPeMatico