New Zealand-based ASB Bank, owned by the Commonwealth Bank of Australia, has participated in an NZ$2.67 million (~US$1.7 million) seed funding round for trade finance blockchain startup TradeWindow. The post New Zealand’s ASB Bank joins $1.7M round for trade finance blockchain startup appeared first on The Block.
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The European Central Bank (ECB)’s chief Christine Lagarde spoke positively about stablecoins and blockchain technology in her first press conference. Lagarde spoke about being “ahead of the curve” in terms of blockchains and incorporating stablecoins. A surprise from the ECB chief Regulatory bodies around the world have…
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According to the official statement by the Federal Reserve Bank of New York, the ‘Desk’ will conduct the repurchase agreement (repo) operations from December 13 to January 14, 2020. ‘’The Desk will conduct repo operations to ensure that the supply of reserves remains ample and to mitigate…
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The Basel Committee on Banking Supervision, which includes banking regulators from the U.S., U.K., Japan, and several other countries, has called for “prudential” regulatory treatment of cryptocurrencies and stablecoins.  The post Basel Committee calls for ‘prudential’ rules for crypto as they pose risks to banks appeared first…
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Sweden’s central bank is making plans to create a pilot platform for a digital currency known as the e-krona
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As the cryptocurrencies are increasingly getting more and more popular, the world starts to take differing positions with regard to their legality and mass adoption. Some countries have outright banned the new digital currencies and their parent system blockchain, while others have taken a more liberal approach,…
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The current situation concerning the issuance of national digital currencies The post Will 2020 be the year of national digital currencies? appeared first on The Cryptonomist.
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Saga has a bold vision for the future of global commerce, and it has created a tool that may allow people everywhere to trade directly with each other. Unlike stablecoins, which rely on a single currency to maintain their value […] The post What is Saga? SGA…
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The government of Switzerland is not keen on issuing a digital currency for retail use but sees some benefits of a wholesale digital currency. The post Swiss government is in favor of wholesale digital currency, but not retail appeared first on The Block.
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CoinspeakerRipple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost XRP Price?Bank of America admits that Ripple offers a truly innovative solution. But there is still a question whether it will impact the XRP price positively.Ripple’s Cross-Border Provision Acclaimed by Bank of America, Will It Boost…
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