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Hungarian Central Bank Reveals Fintech Strategy to Foster Financial Innovation

The central bank of Hungary, the MNB, has just published its first strategy on fintech. The plans aim to bring greater digitization to the domestic financial sector in the country. The report, titled ‘Financial Innovation and Stability,’ is the product of central bank collaboration with Hungarian companies working in the fintech industry. дальше »

2019-10-27 00:15


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Lebanese Protestors Gather at Central Bank as Financial Lockout Continues

Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials scramble to address the situation against a backdrop of alleged political embezzlement […] The post Lebanese Protestors Gather at Central Bank as Financial Lockout Continues appeared first on Bitcoin News. дальше »

2019-10-25 05:45


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ING Bank Fixes Security and Privacy Loophole in Corda Blockchain

ING Bank, a Dutch multinational banking and financial services corporation that has been exploring the potential of distributed ledger technology (DLT), has patched the security and privacy loopholes present in R3’s Corda blockchain platform by applying zero-knowledge proofs (ZKPs) to Corda’s notary service, according to reports on October 23, 2019. дальше »

2019-10-24 09:30


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Центробанк Канады изучает возможность выпуска CBDC

Центральный банк Канады Bank of Canada рассматривает возможность разработки собственной криптовалюты. Это подтверждает презентация, доступ к которой получили журналисты Financial Post. дальше »

2019-10-17 12:40


Ex-CFTC proposes blockchain-based dollar to save declining fiat

2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto. дальше »

2019-10-17 12:00


World Will Need Gold In Case of an Economic Meltdown, Dutch Central Bank Affirms

In case the financial world faces a total collapse, gold will become more important than fiat currencies, at least that is what the Dutch Central Bank affirmed recently. The bank has also affirmed that gold is the trust anchor of the financial system and that it can be used as collateral for starting over. Several […] дальше »

2019-10-15 01:36


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G7 Report Labels Stablecoins as Significant Risk

The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More. дальше »

2019-10-14 19:00


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U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency

Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA), reports EconoTimes on October 14,Read MoreRead More. дальше »

2019-10-14 17:00


Bank of America (BoA) Completes Application Process for Their Ripple Product Manager

Bank of America (BoA) closes the application for “Treasury Product Manager” position, who will lead the development of a Ripple based blockchain solution. BoA’s Completes the Application Process According to the official post on LinkedIn, the financial giant may have found a suitable product manager to lead the team on the “development of cross-boarder payments […] дальше »

2019-10-10 19:26


Bank Of England Spells Out UK’s Requirements for the Libra Coin Launch

United Kingdom’s central bank, Bank of England, has announced a raft of rules that Facebook’s Libra crypto must adhere to if it wishes to launch in UK. In its October Financial Policy and Summary released by the bank’s Financial Policy Committee, BoE stated that it discussed innovative explorations within the financial and payment sector. As […] дальше »

2019-10-10 23:09


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Central bank says Libra must operate like a bank if it’s to launch in UK

The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »

2019-10-9 15:12


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Turkish Government Freezes Over 3 Million Bank Accounts

Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure, is likely to push even more of its citizens towards cryptocurrencies with the […] The post Turkish Government Freezes Over 3 Million Bank Accounts appeared first on Bitcoin News. дальше »

2019-10-6 22:00


China Merchants Bank International teams with Nervos for DApp development

China Merchants Bank International teams with Nervos for DApp development - CryptoNinjas China Merchants Bank International (CMBI), a wholly-owned Hong Kong subsidiary of China Merchants Bank, today announced that it is partnering with layered blockchain network Nervos to jointly develop and launch decentralized applications (DApps) for financial services. дальше »

2019-10-4 18:51