cryptocurrencies

Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
December 06, 2020  |  Digital Payments

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a...

READ MORE >
Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam
Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam
September 13, 2020  |  B2B Payments

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report...

READ MORE >
CFPB Spotlights Director’s Six-Month Mark
CFPB Spotlights Director’s Six-Month Mark
June 17, 2019  |  Regulation

This past week saw the Consumer Financial Protection Bureau (CFPB) offer up highlights of Kathleen Kraninger’s six-month tenure as director. In recounting its accomplishments under...

READ MORE >
FinCEN Issues Guidance On Virtual Currencies
FinCEN Issues Guidance On Virtual Currencies
May 10, 2019  |  Cryptocurrency

In response to questions by law enforcement, financial institutions and regulators, the Financial Crimes Enforcement Network (FinCEN) issued guidance for companies and individuals “engaged in...

READ MORE >
Bitcoin Daily: Chinese Gov’t On Board For Building ‘Blockchain City’; Will McAfee Launch Bitcoin Debit Card?
Bitcoin Daily: Chinese Gov’t On Board For Building ‘Blockchain City’; Will McAfee Launch Bitcoin Debit...
April 29, 2019  |  Bitcoin

The Chinese government is backing the construction of a “blockchain city” in the shipping lane of the Malaysian Malacca Strait. Construction and engineering company China...

READ MORE >
IMF Head Sees Cryptos ‘Shaking’ The System — But Will Banking Stay Shook?
IMF Head Sees Cryptos ‘Shaking’ The System — But Will Banking Stay Shook?
April 11, 2019  |  Banking

To quote a rock ‘n’ roll poet (Jerry Lee Lewis): Whole lotta shakin’ going on. Depending on how you look at it, cryptocurrency is either...

READ MORE >
Will Smartphone Makers Cozy Up To Cryptocurrencies?
Will Smartphone Makers Cozy Up To Cryptocurrencies?
April 05, 2019  |  Cryptocurrency

Better late than never? That could be the emerging story when it comes to smartphones and cryptocurrencies, given Samsung’s recent entry in this area of...

READ MORE >
Bitcoin Daily: France Bans Anonymous Crypto; Australia Cracks Down On Crypto Drug Trafficking
Bitcoin Daily: France Bans Anonymous Crypto; Australia Cracks Down On Crypto Drug Trafficking
March 10, 2019  |  Bitcoin

The Finance Committee in France released a report that calls for the ban of certain cryptocurrencies that enable anonymous transactions. “We must be aware of...

READ MORE >
Bitcoin Daily: Fed Reserve Could Add Bitcoin To Stress Tests; Thai SEC Bans 3 Cryptos
Bitcoin Daily: Fed Reserve Could Add Bitcoin To Stress Tests; Thai SEC Bans 3 Cryptos
March 04, 2019  |  Bitcoin

The U.S. Federal Reserve has announced amendments to a policy statement on the scenario design framework for stress testing, which could soon include a potential cryptocurrency market...

READ MORE >