Reserve Bank of Zimbabwe to Study Blockchain Implementation
The Reserve Bank of Zimbabwe has started studying distributed ledger technology in order to deploy it in the bank’s business practices Go to Source Powered by WPeMatico
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Former Jefferies Asia CEO to Lead $1 Billion EOS VC Arm
The former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has joined as head of EOS’ $1 billion venture capital arm Go to Source Powered by WPeMatico
The Daily: Malta Enacts Crypto Bills, Bermuda Wants New Banks, Dotcom Loses Appeal
In today’s edition of Bitcoin in Brief we cover stories from various corners of the world. In Malta the parliament has enacted three crypto bills into law, in Bermuda the authorities want to create a new type of crypto friendly banks, and in New Zealand Kim Dotcom has lost his extradition appeal. Also Read: Get … Read more
BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money Go to Source Powered by WPeMatico
EU Banking Regulator Reports on Institutional Opportunities and Risks of Implementing DLT
A European regulator has released a report on DLT usage in the financial sector, stating that the technology still struggles with legal uncertainty and poses a number of risks Go to Source Powered by WPeMatico
Head of Russia’s Top Bank: the State Will Keep ‘Centralized Role’ in Money Emission
Bitcoin will not see wide global adoption as a fiat alternative due to states’ desire to keep money centralized, says CEO of Russia’s largest bank Herman Gref Go to Source Powered by WPeMatico
Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban … Read more
IBM-Powered Blockchain Platform Completes First Live Trades Via Five Major Banks
Last week saw the first trades on we.trade, a blockchain platform championed by major European banking institutions Go to Source Powered by WPeMatico
Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies
Bermuda is planning to introduce amendments to the Banking Act in order to provide banking services to local blockchain and fintech companies Go to Source Powered by WPeMatico
Bank of Finland Releases Scathing Crypto Report, Calls Digital Currency a “Fallacy”
Bank of Finland crypto report calls blockchain a “centralized ledger” and digital currencies a “fallacy” Go to Source Powered by WPeMatico
