Banking

Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve

The Philadelphia branch of the United States Federal Reserve has published a new report that warns about the potential effects ...

IMF Official Says Public-Private CBDC Offers Best of Both Worlds

Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, believes that a synthetic private-public partn...

Global Central Banking Think Tank Launches Digital Monetary Institute

The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and econom...
May 22, 2020
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Bitwala Teams Up With Celsius to Offer Interest to Hodlers

German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer ...

Main Barrier to CBDC Is Philosophy Not Tech, Says European Central Bank Rep

A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also r...

Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC

Major cryptocurrency event, Consensus 2020, has officially kicked off in virtual mode. Consensus: Distributed, Coindesk’s first...

Bitcoin Suisse Seeks $50M to Become a Crypto Bank Unicorn

Swiss crypto broker Bitcoin Suisse is seeking almost 50 million Swiss francs ($51.5 million) in funding to support its plans fo...

No Global Central Bank Is Working on Retail Digital Currency Use, Says R3

No central bank is currently working on a Central Bank Digital Currency, or CBDC, that can be used by consumers, according to e...

World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion

Financial institutions all over the world are increasingly experimenting with emerging technologies like blockchain to streamli...

BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership

Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from...