President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies Go to Source Powered by WPeMatico
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Barclays Leads $5.5 Million Funding Round for Blockchain-Based Invoice Exchange
Barclays and Bold Capital Partners led a $5.5 million funding round for a blockchain-based invoice settlement platform Go to Source Powered by WPeMatico
Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto Go to Source Powered by WPeMatico
European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech Go to Source Powered by WPeMatico
Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process Go to Source Powered by WPeMatico
Singapore’s iSTOX to Launch a Regulated Digitized Securities Platform in 2020
Capital markets platform iSTOX joins Monetary Authority of Singapore’s regulatory sandbox to offer digitized securities trading in late 2019 Go to Source Powered by WPeMatico
Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements
Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries Go to Source Powered by WPeMatico
Report: Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet
Plans to develop a cryptocurrency wallet have reportedly been canceled by Dutch bank Rabobank Go to Source Powered by WPeMatico
Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
A group of four banks have successfully issued a promissory note, a type of legally binding loan agreement, through a new blockchain platform Go to Source Powered by WPeMatico
Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln
Mike Novogratz’s crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million Go to Source Powered by WPeMatico