Stablecoins Now Recognized By US Banking Regulator
According to the latest reports, the Office of the Comptroller of the Currency (OCC) will let US banks use public blockchains and stablecoins as a form of settlement infrastructure in ...
Tag: Central banks
Goldman Sachs Takes Full Ownership of China Securities Venture
The latest reports reveal that Goldman Sachs Group Inc has signed an agreement to buy out its China joint venture partner. This move makes it the most advanced foreign bank ...
What Are Cross-Border Payments And How Do They Work?
These types of transactions are executed on the blockchain which eliminates the need for banks that slow payments down significantly. For instance, if you are in Germany and want to ...
Banks Must Adjust To Crypto, BoE Leader Says
One of the leaders of England's central bank, Jon Cunliffe, insisted that banks need to adapt to the changes that are brought by digital assets. Blockchain together with digital assets ...
Bitcoin Is A ‘Partial’ Store Of Value, Nouriel Roubini Says
In the latest development that has surprised many people in the crypto space, Professor Nouriel Roubini, dubbed ‘Dr. Doom’ by a majority in the virtual currency community due to his ...
PayPal Crypto Support Goes Global In 2021, CBDCs Support Expected
Recently, PayPal announced that it will offer crypto services to its US users. Now, the latest reports indicate that the payments firm is aiming to launch these services for its ...
Gold Is Around Its All-Time High, What Do you Do With It?
This year gold has been on a roller coaster registering an all-time high in early August and then pulling back slightly to consolidate its gains around $1,900. Gold continues to ...
Goldman Sachs To Pay A $2.9B Fine Over 1MDB Corruption Case Role
The latest reports reveal that Goldman Sachs has been fined a staggering $2.9 billion by the US Department of Justice (DoJ) in a deal that was announced on October 22. ...
China’s Digital Yuan Aims At Dominating The Financial World
Today, China is already test-driving the future of finance like the rest of the world is stuck striving relentlessly to get its learner’s permit. In the last two weeks, the ...
Standard Chartered And DBS To Use Blockchain To Fight Trade Finance Fraud
Standard Chartered together with the Singapore-based multinational banking entity DBS announced that they have completed the proof-of-concept (PoC) of the Trade Finance Registry platform. This Registry is a blockchain trade ...
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