Tag Archives: bank

Central Bank of Lithuania Issues Updated Position on Virtual Assets and ICOs

The Bank of Lithuania has released an update to its position on virtual assets and ICOs, leaving its underlying principles unchanged Cointelegraph.com News

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Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship

A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed.    Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 ...

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Japan’s Central Bank Examines Central Bank Digital Currencies in New Report

In a recent report, Japan’s central bank examines the effect of central bank digital currencies Cointelegraph.com News

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Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

The only Japanese member of blockchain consortium R3’s Marco Polo — SMBC — has completed a trial of the technology, the bank has confirmed Cointelegraph.com News

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Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank BankDhofar is now deploying RippleNet for cross-border payments to India Cointelegraph.com News

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Central Bank Digital Currencies Are a Trojan Horse for Bitcoin

Central bank digital currencies (CBDCs) and Bitcoin could scarcely be more different. One is permissioned, the other permissionless; one centralized, the other decentralized; one is censorable, the other censorship-resistant. Despite their dissimilarities, CBDCs might just be the best driver yet for Bitcoin adoption. Also read: Mobile Gifting Platform Swych Announces Cryptocurrency Support CBDCs Are the Best Thing That Could Have Happened ...

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Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $ 700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s services by using innovative technology ...

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Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account

Brazilian cryptocurrency exchange Bitcoin Max has won in court the right to keep its checking account with Banco Santander. According to the presiding judge, the bank has not met its obligation to notify the crypto company of the closure in advance.    Also read: Hacked NZ Exchange Cryptopia Allowed to Reopen Closing of Account Deemed Unlawful The decision was handed ...

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