Bank Of America Adds Private Key Storage Filing to Stockpile of Blockchain Patents
Bank of America continues stocking up on blockchain patents with new filing on private key storage Go to Source Powered by WPeMatico
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IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks
Japanese IT firm Fujitsu will develop the basis of a trial settlements system using an unnamed digital currency to move funds in partnership with nine banks Go to Source Powered by WPeMatico
Hitachi and India’s Largest Gov’t-Owned Bank Partner on Major Digital Payments Platform
Hitachi has partnered with the State Bank of India to establish a nationwide digital payments platform, in a major bid to accelerate the digitalization of financial services in India Go to Source Powered by WPeMatico
Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians
In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and … Read more
Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
“Methods for managing fractional reserves of blockchain currency” form basis of new Mastercard patent Go to Source Powered by WPeMatico
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
Crypto mining firm Bitfury is reportedly exploring various strategic options, including conducting an IPO, raising debt financing, or selling a minority stake Go to Source Powered by WPeMatico
Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
Reserve Bank of Australia assistant governor Michelle Bullock said that the bank has not seen a compelling business need to issue a digital Australian dollar Go to Source Powered by WPeMatico
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should issue state-backed digital currencies, a joint report by IBM and OMFIF says Go to Source Powered by WPeMatico
UK Blockchain Startup to Enter EU Settlement System After French Regulator’s Approval
Setl, a U.K. startup that develops blockchain solutions for the financial sector, will join an E.U. settlement platform after gaining approval to run a securities depository Go to Source Powered by WPeMatico
HSBC Exec at Money20/20: Blockchain, CBDCs Pose ‘Great Challenge’ to Interbank Settlement
Money 20/20: HSBC executive says blockchain and central bank digital currencies represent a “great challenge” to existing Cross-Border InterBank payment systems Go to Source Powered by WPeMatico