banks

Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist

The ongoing coronavirus pandemic accelerates central bank digital currency (CBDC) developments, according to Deutsche Bank macro strategist Marion Laboure. In…

Revolut Expands Crypto Offering – But Not in the US

U.K. challenger bank Revolut said Thursday that all standard users will now be able to buy and sell cryptocurrencies supported…

UnionBank Head Foresees the End of Physical Cash

Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks…

Irony: Bitcoin Relies on the Banks It Was Designed to Dethrone

With an economic collapse upon us, it has revived discussion around the concepts that prompted the creation of Bitcoin. And…

Brazilian Regulators Create DLT Platform for Screening Politicians

Four of Brazil’s financial regulatory institutions are collaborating to build a streamlined blockchain-based data-sharing platform to perform background checks on…

Bank of France Launches Experiment Program on Central Bank Digital Currency

As a number of global jurisdictions like the Bahamas and Sweden are already testing their central bank digital currencies (CBDC),…

Santander to Extend Ripple-Powered Payments Solution to Mexico This Year

Major Spanish bank Santander plans to roll out its Ripple-powered international payments system One Pay FX in Mexico in 2020.…

While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise

Is a cash-based society sustainable in the age of coronavirus? Hoarders say yes, health experts say maybe and the visionaries…

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