Banks

Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border…

How Can EEA’s Reward Token System Help Banks Motivate Their Employees?

Enterprise Ethereum Alliance (EEA) created a token system to encourage the active contribution of member organizations and their employees to…

Huobi Lira Onramp to Enable Crypto Trading for Turkish Users

Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019. Huobi’s fiat onramp for…

Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial

Twenty-eight organizations including Raiffeisen and 17 other banks have participated in the successful completion of the Ivno Global Tokenized Collateral…

Major Singapore Bank Completes First DLT Trade Financing Transaction

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade…

Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights

A member of the Federal Reserve’s Board of Governors has said that Facebook's Libra could pose risks to consumers due…

Central Banks Have Three Options for Crypto Regulations, Says Official

Denis Beau, the deputy governor of France’s central bank, Banque De France, recently delivered comments regarding central banks’ approaches to…

Supreme Court of India Postpones Cryptocurrency Ban Hearing to November

The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on…

HSBC Enacts a Letter of Credit on a Blockchain in Malaysia

Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The…

Bank of England Governor Carney Defends Facebook’s Libra Stablecoin

Bank of England governor Mark Carney has defended Facebook’s choice to create a new currency. Canadian news outlet TheStar reported…

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