Deutsche Bank: central bank digital currency will replace cash in long term
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies. Go to Source Powered by WPeMatico
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OCC is too caught up in crypto under former Coinbase exec, congresspeople say
Multiple United States congresspersons recently expressed their displeasure at the OCC’s focus on crypto this year. Go to Source Powered by WPeMatico
Economy minister says Brazil will have its own CBDC
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of the Central Bank Go to Source Powered by WPeMatico
Russian Alfa-Bank joins HSBC-backed blockchain trade finance network
A major global blockchain trade network welcomes one of Russia’s largest banks. Go to Source Powered by WPeMatico
Russia’s Gazprombank gets green light for crypto custody in Switzerland
Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos. Go to Source Powered by WPeMatico
Mongolia’s largest bank to offer crypto-related services
The country continues to make slow but sure steps on its way to being a crypto-friendly nation Go to Source Powered by WPeMatico
Will they or won’t they? Central banks eye each other’s digital currency moves
Canada’s central bank recognizes that CBDCs are a necessarily international issue. Go to Source Powered by WPeMatico
Avanti launches crypto-friendly bank in Wyoming
The Wyoming State Banking Board voted unanimously to grant Avanti a bank charter. Go to Source Powered by WPeMatico
Loan refinancer and BitLiscensee SoFi is clear to launch a national bank in the US
The new bank will be subject to heightened scrutiny from the OCC for at least three years. Go to Source Powered by WPeMatico
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of … Read more