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OCC Allowed National Banks to Operate Nodes And Stablecoin Networks

The Treasury’s Office of the Comptroller of the Currency reportedly offered regulatory greenlight to national banks, regarding operating independent nodes for distributed ledger networks....

Katelyn James | Jan 11, 2021 10:39

UAE, Saudi Arabian Central Banks Issued Report On Project Aber CBDC Trial

Central banks from two heavyweights in the Middle West-based economic areas have reportedly generated a report, outlining details of the collaborative CBDC project, with the outcomes primarily...

Tracy Hannes | Dec 10, 2020 19:51

Banks Have to Find Ways to Adapt to Crypto, Claimed Bank of England leader

Banks will need to find the way to function normally in a world with crypto, as stated by Jon Cunliffe, one of the leaders of England’s central bank. Specifically, Cunliffe reportedly remarked...

Warren Hayes | Nov 15, 2020 17:18

Privacy Needs to be The Primary Aspect In the Design of CBDCs, Claimed Boston Fed Head of Research

Privacy should reportedly be a key aspect when working on the development for digital currency, as claimed by Robert Bench, the Federal Reserve Bank of Boston’s director of applied research. ...

Jenny Aurora | Nov 15, 2020 17:15

Canada’s Central bank Moved Closer to Releasing CBDC With New Job Listing

The Bank of Canada is reportedly in search of an economist with prior experience of financial tech and digital currencies, which could be hints of a development of a Canadian CBDC. Specifically, the...

Tracy Hannes | Oct 20, 2020 11:29

Five Banks Looks to Take Part In Pilot Testing For Russian’s CBDC

Several Russia-based financial establishments have reportedly displayed their desire to take part in testing for the nation’s CBDC – tentatively to be rolled out in the first half. of next...

Emily Rys | Oct 16, 2020 15:15

Bank of Korea Set Up A Department Dedicated to Blockchain and AI

The Bank of Korea has reportedly decided to set up a “Digital Innovation department”, as part of its organizational reform in the later half of 2020. Specifically, the bank is reportedly looking...

Jenny Aurora | Jul 23, 2020 16:29

Chinese Bank Finalized Issuance Process of $16.9 Billion Blockchain-based Commercial Paper

The China-based Zheshang Bank has reportedly finalized the issuance process of an asset-backed commercial paper (ABCP), with the help from blockchain. Specifically, the paper, equivalent to $16.93...

Anne W. | Jun 09, 2020 18:16

Swiss Bank Obtained Regulatory Greenlight to Support Crypto Transactions

The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted regulatory greenlight to InCore bank to carry out crypto assets transactions. Specifically, the new initiative will...

Warren Hayes | May 31, 2020 10:15

Coinbase And Gemini to Become JPMorgan First Crypto-related Clients

US-based major bank JPMorgan Chase will reportedly be offering its services to crypto exchange heavyweights Coinbase and Gemini, marking the bank’s first clients from the crypto sector. ...

Daniel T. | May 13, 2020 17:47