Banks

Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody

The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody. The b...

No Evidence of Mass Transition From CBDC Research to Pilots and Experiments

A new survey from the Bank of International Settlements (BIS) revealed that only 10% of central banks are likely to issue a cen...
January 23, 2020
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Stablecoins Are Evolving Traditional Finances

Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial s...

Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cro...

Blockchain Best Placed to Meet the Needs of the Unbanked

Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain ...

Six Major Central Banks to Collaborate on Digital Currency Research

The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank fo...

Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet

The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controver...

Swiss-Regulated Digital Asset Bank Plans $95M Capital Raise

Seba, a young Swiss-based digital asset bank holding regulatory licensing, looks to attempt a secondary capital raise to garner...

JPMorgan’s DLT Spin-off Completes Industry’s First Hybrid Blockchain

JPMorgan’s blockchain spin-off Kadena has fully launched its public blockchain, completing what it calls the “industry’s first ...

China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital ...