banks

Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs

The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a…

Forbes Releases List of Billion Dollar Companies Using Blockchain

Financial news outlet Forbes has released a list of “Blockchain’s Billion Dollar Babies,” or companies implementing blockchain technology that have…

Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency

An official from the Romanian central bank has stated that cryptocurrency will not replace currency issued by central banks as…

ING Bank Releases Blockchain Privacy Tool Bulletproofs

Dutch global banking and financial services corporation ING introduced its new cryptographic blockchain development called Bulletproofs, according to an announcement…

Indian Banks Consider Promoting Blockchain Tech Use for Payments

The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian…

Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency…

Japan: Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment project MoneyTap on May 13, the bank announced on April…

Japanese Bank Leaves Trio Working With SBI Ripple’s ‘Money Tap’ App

Resona, one of the three Japanese banks working with SBI Holdings and Ripple on their cash transfer app Money Tap,…

Goldman Sachs CEO Refutes Bank Ever Had Plans to Open Crypto Trading Desk

Goldman Sachs CEO David Solomon has categorically refuted that the bank ever had any plans to open a crypto trading…

Tata Consultancy Services Powers Blockchain-Based Cross-Border Securities Settlement

Indian IT services company Tata Consultancy Services (TCS) announced on April 10 that it carried out what it defines as…

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