Markets will decide on regulations, not the government: Currency Comptroller
The government is great at setting up regulatory frameworks, not building products, says Currency Comptroller Brian Brooks Go to Source Powered by WPeMatico
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DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide. Go to Source Powered by WPeMatico
Bank of Canada calls central bank digital currencies risky, especially storage
Is risk in the eye of the beholder? Go to Source Powered by WPeMatico
ECB to consider further digital euro study in 2021
The report is only the start of the discussion and raises more questions before officially studying the digital euro. Go to Source Powered by WPeMatico
Coinbase customers can now dodge bank withdrawal wait times
New update from Coinbase quickens the transmutation of crypto into fiat. Go to Source Powered by WPeMatico
Australian Securities Exchange to triple capacity of DLT system
The new blockchain-based system will replace the existing CHESS system Go to Source Powered by WPeMatico
FinCEN director warns banks about cryptocurrency risk exposure
FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs. Go to Source Powered by WPeMatico
Congress weighs crypto payments and fintech lending in hearing today
Despite skepticism about loosening regulations on loans, the Fintech Task Force couldn’t stop talking about crypto as a way of upgrading payments in the U.S. Go to Source Powered by WPeMatico
Banks must establish infrastructure for digital assets before it’s too late
Crypto adoption in traditional legacy systems is moving fast, but a lack of technological infrastructure limits compliance and safe storage. Go to Source Powered by WPeMatico
Nexo founder feels vindicated by the FinCen leak, talks of double-standards
Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day. Go to Source Powered by WPeMatico