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DBS rolls out the first bank-backed crypto trust solution in Asia

DBS, a Singapore-based private bank has launched the first-ever bank-backed crypto trust in Asia. The bank reached this milestone by leveraging its fully-owned subsidiary, DBS Trustee. Through this launch, the bank seeks to offer its private banking clients an opportunity to invest, custodize, and manage up to four digital currencies in an organized manner. дальше »

2021-5-15 21:04


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Libra’s newest rival could be England’s central bank-backed digital currency

According to reports from Bloomberg, the bank of England (BOE) is contemplating creating a government-backed digital currency. This was made known by Andrew Bailey, Governor of the Bank of England, in a webinar event, he told students that it was being reviewed and the Central bank is still trying to weigh their options. It looks […] дальше »

2020-7-15 11:14


China’s Digital Currency Still has No Launch Date But Will Continue its Development in 2020

China’s central bank said on Sunday that it doesn't have a launch date for its sovereign digital currency but will continue with its research and development, as per the local reports. A report in August said the central bank-backed digital currency could be launched as early as November but that is long gone. Last month, […] дальше »

2020-1-6 21:59


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Tunisia Will Not Be Launching E-Dinar, Central Bank of Tunisia Responds

Just days ago, reports emerged that Tunisia had become the first country to issue a central bank-backed digital currency, dubbed the ‘E-Dinar. ’ The cryptocurrency would reportedly be launched on an obscure blockchain known as Universa — which the CEO of Universa, Alexander Borodich, called ‘the world’s fastest blockchain. дальше »

2019-11-12 16:01


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JPMorgan Unveils First Bank-Backed ‘JPM Coin’ Cryptocurrency

International investment bank and notorious Bitcoin skeptic JPMorgan Chase will be the first US bank to issue its own cryptocurrency. JPMorgan: ‘Endless’ Use Cases For Cryptocurrency In a surprising move, Umar Farooq, head of JPMorgan’s blockchain operations, told CNBC trials of JPM Coin would start in the coming months and that three use cases had already emerged. дальше »

2019-2-14 15:00


Are Central Bank-backed Cryptocurrencies the Real Future of Blockchain Assets?

There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […] дальше »

2018-12-9 13:08