Commerzbank Tests Blockchain Machine to Machine Payments with Daimler
Mercedes-Benz parent company Daimler and Commerzbank just tested blockchain-based machine to machine payments Go to Source Powered by WPeMatico
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Standard Chartered Makes Letter of Credit Transaction Using Blockchain
Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group Go to Source Powered by WPeMatico
ECB Says It’s Ramping Up Crypto Surveillance to Include Off-Chain Data
The ECB argues that “closing the data gaps associated with crypto-assets” continues to pose a significant challenge for regulators and financial institutions Go to Source Powered by WPeMatico
Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit
Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading Go to Source Powered by WPeMatico
UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance
Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis Go to Source Powered by WPeMatico
China’s Central Bank Prioritizes Development of Digital Currency
The People’s Bank of China is prioritizing the development of a national digital currency Go to Source Powered by WPeMatico
South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System
South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform Go to Source Powered by WPeMatico
Buying Crypto With The Apple Card Violates Its Customer Agreement
Apple won’t let its users buy crypto with its upcoming Apple Card, as detailed in the terms of its customer agreement Go to Source Powered by WPeMatico
Judge to Chase: Buying Crypto on Credit Not Necessarily a Cash Advance
Chase’s motion to dismiss is rejected as judge decides that buying crypto on credit might not count as a cash advance Go to Source Powered by WPeMatico
Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto
On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope … Read more