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RNS Solutions & Trustedchain are Developing Blockchain based FinLit Platform for Islamic Development Bank
Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. AsRead More дальше »
2021-6-14 10:01 | |
RNS Solutions & Trustedchain are developing Blockchain based FinLit Platform for Islamic Development Bank
Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. As […] дальше »
2021-6-14 10:00 | |
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors. дальше »
2021-6-14 02:30 | |
Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development
The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. дальше »
2021-6-9 21:00 | |
Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs
The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto. дальше »
2021-6-8 16:35 | |
Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’
Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. дальше »
2021-6-5 09:30 | |
Ghana’s Central Bank Is Set to Launch Its CBDC
The CBDC race is on, and central banks all across the globe are either eyeing the launch of a state-backed cryptocurrency or studying the feasibility of its use. The most recent development in this regard comes from Ghana, as the governor of Ghana’s central bank, Ernest Addison, recently announced that his institution is now “inRead More дальше »
2021-6-4 19:00 | |
Bank of America Joins Paxos Blockchain Settlement Service
U. S financial giant Bank of America has joined the Paxos Settlement Service to use blockchain technology to achieve same-day settlement of stock trades. Bank of America to Settle Stock Trades Using Paxos Blockchain Solution This development was revealed by media outlet Bloomberg on Monday. дальше »
2021-5-18 22:45 | |
Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U. S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. дальше »
2021-5-14 18:30 | |
The Crypto Bank - The rise of Celsius Network
Camilla Churcher is the Global Head of Business Development at Celsius Network. дальше »
2021-5-5 05:00 | |
Bank of England Opens Job Listings to Explore A Central Bank Digital Currency (CBDC)
The United Kingdom’s central bank, the Bank of England, is hiring seven experts to join a dedicated team that will explore the development and implementation of central bank digital currencies (CBDC) in the UK. дальше »
2021-5-3 16:38 | |
Bank of England Is Looking for CBDC Development and Issuance Expert
The Bank of England has published a job advertisement for a senior expert on CBDCs to lead the bank’s thinking on the feasibility, design, and implementation of a CBDC. The post Bank of England Is Looking for CBDC Development and Issuance Expert appeared first on BeInCrypto. дальше »
2021-5-1 20:00 | |
Crypto-convert JPMorgan is hiring developers skilled in Ethereum
US bank JPMorgan is hiring blockchain engineers skilled in Ethereum, Corda, and Hyperledger development, a job posting on recruitment site Glassdoor shows. The post Crypto-convert JPMorgan is hiring developers skilled in Ethereum appeared first on CryptoSlate. дальше »
2021-4-20 12:50 | |
Britcoin: UK Looking To Create Its Own Digital Currency
One thing that has become very prominent on the global stage is the creation of Central Bank Digital Currencies (CBDCs) by various world powers. China, Canada, the Bahamas, the British Virgin Islands, and France are all at various stages of development and deployment of their own CBDCs. дальше »
2021-4-20 17:08 | |
Societe Generale Taps Tezos (XTZ) Blockchain for Issuance of Security Token
Societe Generale has announced the issuance of its first structured product as a security token on the Tezos (XTZ) blockchain. The bank says the move is part of the development process of its crypto assets structuring and issuance subsidiary dubbed Forged. дальше »
2021-4-18 23:00 | |
JPMorgan Launches Blockchain-Based Validation Solution for Financial Institutions
Banking giant JPMorgan has revealed the launch of a blockchain solution that will reduce the number of failed transfers within its payment system. This development was announced on Monday, with the bank confirming that the solution named ‘’Confirm’’ is in its testing phase. дальше »
2021-4-13 10:00 | |
Citigroup и IADB протестировали блокчейн для трансграничных платежей
Банки Citigroup и Inter-American Development Bank (IADB) успешно протестировали доказательство концепции (PoC) для совершения платежей между США, странами Латинской Америки и Карибского бассейна. дальше »
2021-4-10 10:30 | |
The European Union Could See A Digital Euro in 4 Years, or More: ECB President Christine Lagarde
The European Central Bank (ECB) could launch its planned digital Euro in the next four years, ECB President Christine Lagarde stated in an interview with Bloomberg on Wednesday. She believes the digital token research and development needs to take time to constitute a “fundamental change” across Europe’s economy. дальше »
2021-4-2 04:51 | |
Goldman Sachs to Offer Bitcoin, Other Digital Assets Products to Institutional Clients
U. S banking giant Goldman Sachs is inching closer to offering its first investment products for bitcoin and other digital assets. This development represents a significant shift in the bank’s policy, which initially stated that bitcoin and cryptocurrencies were not an asset class. дальше »
2021-3-31 17:30 | |
China CBDC Research Head: Digital Yuan Has Highest Privacy Protection
According to a claim made by Mu Changchun, the head of the central bank’s digital currency research institute of China, the country’s digital yuan has the highest privacy protection. Changchun made the remarks at the China Development Forum 2021, saying that there should be no concerns regarding privacy. дальше »
2021-3-23 11:56 | |
Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act
The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector. дальше »
2021-3-18 19:31 | |
Central Bank of Ghana Launches Regulatory Sandbox Pilot for Blockchain and Financial Projects
Ghana’s apex bank has revealed a sandbox test launch to support the growth of blockchain-based and financial-related services. Sandbox Launched to innovate Ghana Financial Services The central bank revealed this development in a recent press release. дальше »
2021-3-1 16:00 | |
Philippines Central Bank Revisits Crypto Regulation
This development does not come as a surprise. More financial authorities around the world have begun to make deliberate efforts to clarify their stance on cryptocurrencies. The Philippines Takes a Stance According to a report from Inquirer, activities related to cryptocurrencies will be treated under the purview of the Philippines Central Bank. дальше »
2021-1-27 12:57 | |
Sweden Is Working with Corda’s DLT for the e-Krona CBDC Proof-of-Concept
The Swiss central bank is already working with Corda’s Distributed Ledger Technology (DLT) for its CBDC proof-of-concept in the proposed e-krona digital currency. Cecilia Skingsley, the bank’s deputy governor, confirmed this development while speaking yesterday at the CFC St. дальше »
2021-1-22 23:20 | |
Here’s why Stellar (XLM) price trades 200% higher this week
Stellar (XLM) price exploded over 80% yesterday to bring total weekly gains to about 200% after being selected by Ukraine to work on the central bank digital currency. Fundamental analysis: Major cooperation agreed The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation signed a deal to work together on developing the virtual assets ecosystem and create a Ukrainian digital currency. дальше »
2021-1-7 18:46 | |
HDBank Becomes First Vietnamese Bank To Issue Blockchain-Based Letter of Credit
HDBank has become the first bank in Vietnam to issue a letter of credit (LoC) via blockchain technology. This development is expected to bring about a major change in the banking system of the country. дальше »
2021-1-7 14:00 | |
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to the official announcement, both parties signed a “Memorandum of Understanding” to deploy Ukraine’s crypto […] The post Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins appeared first on Bitcoin News. дальше »
2021-1-6 11:45 | |
Ukraine Government Partners With Stellar (XLM) for CBDC Project
The Ukraine government is looking to develop a central bank digital currency (CBDC) following a collaboration with the Stellar Development Foundation (SDF). Ukraine to Develop CBDC on the Stellar Blockchain Network Ukraine’s Ministry of Digital Transformation has inked a Memorandum of Understanding (MoU) with the SDF for its CBDC project. The partnership will see theRead More дальше »
2021-1-6 21:30 | |
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions seeking opportunities to launch their crypto-friendly banks. дальше »
2020-12-16 06:00 | |
Standard Chartered chief says Cryptocurrency usage is “Absolutely Certain”
As the international payment system evolves, more companies and institutions in the mainstream are gradually warming up to digital currency adoption. In the latest development, the Chief Executive Officer of British-based Standard Chartered Bill Winters has hinted that it’s imminent the bank will roll out its digital currency. дальше »
2020-12-8 17:13 | |
CBDCs and Interoperability: Bridging the Gap in Innovation
Central Banks will play a critical role in the new, modern global financial infrastructure that blockchain technologies will undoubtedly underpin. Central Bank digital currencies (CBDCs) are an important development for Central Banks, allowing for the continuation of sovereign monetary policy in a digital asset world—to the benefit of billions of people around the world. дальше »
2020-12-4 22:00 | |
ECB Experts Maintain a Cautious Approach to Digital Euro Development
The European Central Bank (ECB) has been talking a big game about its forthcoming digital euro, particularly considering its functionality. However, the agency remains resolute in its stance that it shouldn't rush an asset and instead move with caution. дальше »
2020-12-1 00:08 | |
Japan CBDC has various hurdles to clear before launch
The Bank of Japan [BoJ] had prioritized the development of a central bank digital currency [CBDC] in July, however, as per a former executive the issuance may take several years. Hiromi Yamaoka, whThe post Japan CBDC has various hurdles to clear before launch appeared first on AMBCrypto. дальше »
2020-11-18 22:00 | |
Binance CEO: China’s Lead in CBDC Development to Make Digital Yuan More Dominant Currency
Changpeng Zhao (CZ) has said that China’s central bank digital currency (CBDC) has a strong lead. As a result, other countries would be under pressure to design their own CBDCs. Binance CEO Changpeng Zhao, in an interview with Bloomberg on Nov. дальше »
2020-11-14 14:41 | |
Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector
According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. дальше »
2020-11-12 22:35 | |
Lebanon Central Bank to Introduce Digital Currency In 2021
The Lebanese Central Bank plans to introduce a central bank digital currency by 2021 in a bid to restore confidence in the banking sector and move the economy to a cashless system. Major Development In a public announcement, the governor of the Lebanese central bank, Raid Salameh encouraged banks to plan on how to restructureRead MoreRead More. дальше »
2020-11-12 14:00 | |
Australian Central Bank Forges Alliance to Develop CBDC
Employing Ethereum-powered distributed ledger technology (DLT), the Reserve Bank of Australia (RBA) is forging new alliances to push the development of its own CBDC. On Nov. 2, 2020, the RBA announced that it would combine the efforts of the Commonwealth Bank, National Australia Bank, ConsenSys, and Perpetual to develop Australian digital currency. дальше »
2020-11-2 21:09 | |
China: CBDC Tests Crosses $300M Payment Milestone from 4M Transactions
China’s expanded central bank digital currency (CBDC) development has reached a new milestone of 2 billion yuan in total payments processed despite still being in the testing phase. With a few countries having released their own sovereign digital currencies, stakeholders are calling for more international collaboration on CBDCs. дальше »
2020-11-3 18:00 | |
Switzerland: Major Russian Bank Gets Crypto Custody Approval from FINMA
Major private-owned Russian bank is going all-in on Bitcoin. Gazprombank Bets Big on Bitcoin In a major bullish development for the wider cryptocurrency market, major private-owned Russian bank Gazprombank recently received the regulatory green light to launch cryptocurrency custody services via its Swiss subsidiary. дальше »
2020-11-1 02:00 | |
Mongolian bank will soon start offering crypto services
Trade & Development Bank of Mongolia, also known as TDB Bank, reportedly plans to start offering crypto-related services. The Ulaanbaatar-based bank aims to add support for crypto custody, deposits, loans, remittance, and asset management. дальше »
2020-10-30 11:30 | |
Canada Calls for Coordinated Global Collaboration on CBDC Development
Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols. дальше »
2020-10-31 21:00 | |
JPMorgan stablecoin goes live, interbank group renamed to “Liink”
JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development. дальше »
2020-10-29 03:00 | |
There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law
China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital Yuan in the country. дальше »
2020-10-25 18:23 | |
US won’t issue a CBDC until the Fed resolves all of the details
With China being in the lead regarding its CBDC testing and development, a lot of countries are rushing their central bank digital coins to catch up. The US, on the other hand, has different plans. дальше »
2020-10-20 11:11 | |
Here’s why Bitcoin will boom in the “biggest overhaul” of finance
The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies. дальше »
2020-10-20 05:00 | |