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South Korean Bank, KB Kookmin, Shares Blockchain Strategy

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.

Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency

Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency

Stephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

A new working paper from the Federal Reserve Bank of Philadelphia indicates that the development of a central bank digital currency (CBDC) may create a fundamental shift in the way banks operate.

Paxful Ready to Build on its African Market Success in 2020

Paxful Ready to Build on its African Market Success in 2020

Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

The Reserve Bank of India Has its Eyes on CBDC

The Reserve Bank of India Has its Eyes on CBDC

The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no immediate plans to launch a CBDC, however, the pilot program will allow the central bank to be prepared in the future if the changing market conditions require its issuance.

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).

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