Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms Go to Source Powered by WPeMatico
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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy Go to Source Powered by WPeMatico
Report: Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project
Some of the world’s leading banks are allegedly currently investing around $50 million to build a blockchain-based digital cash system for transaction settlement, sources claim Go to Source Powered by WPeMatico
World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond Go to Source Powered by WPeMatico
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services Go to Source Powered by WPeMatico
Bank of America CTO Catherine Bessant: We Haven’t Found a Blockchain Use Case in Finance
Bank of America has yet to find blockchain use cases for the financial services sector, according to the bank’s CTO, Catherine Bessant Go to Source Powered by WPeMatico
Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection
SFOX crypto traders will now have access to insurance through the U.S. government’s Federal Deposit Insurance Corporation (FDIC) worth up to $250,000 Go to Source Powered by WPeMatico
Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians
Panel of crypto custodians say collaboration between traditional and crypto custodians benefits all sides and will continue to grow Go to Source Powered by WPeMatico
Three French Banks Join R3 Corda Blockchain-Based Loans Platform
Three major French banks, BNP Paribas, Natixis, and Societe Generale, join Corda blockchain-based syndicated loans platform Go to Source Powered by WPeMatico
Major Brazilian Bank Brodesco Joins R3 Corda-Powered Global Trade Finance Network
Prominent Brazlian bank Banco Bradesco has become the latest institution to join R3’s Marco Polo international blockchain network for trade finance Go to Source Powered by WPeMatico