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South Korea’s central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research Go to Source Powered by WPeMatico
22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit … Read more
A new banking sector platform should see blockchain make its way into business financing in India Go to Source Powered by WPeMatico
Belarus’ largest bank is considering setting up a crypto exchange after the launch of reportedly the first crypto trading platform in the country in mid-January Go to Source Powered by WPeMatico
The Bank of International Settlements is bearish on Bitcoin’s proof-of-work system, while the CBOE has withdrawn their BTC ETF rule change application Go to Source Powered by WPeMatico
JP Morgan has continued to bash bitcoin and cryptocurrencies, saying the value of them is still unproven and that it will be at least another three to five years before blockchain technology makes a difference to the banking sector. Also read: Jamaica Stock Exchange Plans to List Security Tokens ‘A Dystopian Scenario’ America’s largest bank has … Read more
Mike Novogratz’s Galaxy Digital is reportedly planning to launch a funding round for a crypto lending fund in March, according to an unconfirmed report Go to Source Powered by WPeMatico
The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal Go to Source Powered by WPeMatico
An Indian research institute established by the country’s central bank has developed a roadmap for blockchain implementation in the country’s banking sector Go to Source Powered by WPeMatico
Coinbase adds international wire transfers for high-volume Coinbase Pro and Prime users in Europe and Asia Go to Source Powered by WPeMatico