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Deutsche Bank says Bitcoin Is too Important to Ignore

Deutsche Bank says Bitcoin Is too Important to Ignore

Per a new Deutsche Bank report, Bitcoin's growing market cap has made it impossible to ignore.

Lebanon Considers a Central Bank Digital Currency for 2021

Lebanon Considers a Central Bank Digital Currency for 2021

The Governor of The Central Bank of Lebanon Riad Salameh has revealed the possibility of the bank launching a digital currency by 2021.

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank Partners with Accenture to Build A Digital Bank Infrastructure

RBL Bank announced that it will partner with Accenture, who envisions that it will enhance the bank’s information technology (IT) network and services.

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO

Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six Central Banks Form Working Group to Assess Central Bank Digital Currencies

Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.

China’s Central Bank Takes A Step Forward to Regulate Blockchain

China’s Central Bank Takes A Step Forward to Regulate Blockchain

China’s central bank, the People’s Bank of China is set to create industry standards across the financial technologies sector, including blockchain.

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.

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