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Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform
Four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) go live on CLS blockchain bilateral payments netting platform.
JPMorgan Says Younger Investors Tilt Towards Bitcoin While Older Ones Favor Gold
Investment Bank JPMorgan through research by its strategists has discovered that older generation investors favor gold while younger generations embrace Bitcoin and tech-based assets
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.
Bank for International Settlements Reveals Findings on Central Bank Digital Currencies
The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
Bank of America Announces Blockchain Job Openings
Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.
Silvergate Bank Contemplates Crypto-Lending
Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.
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.
Bank of Japan Testing Digital Yen CBDC
The Bank of Japan (BoJ) has just announced that it will begin experimenting with a Digital Yen, its own Central Bank Digital Currency (CBDC) to test its technical application and feasibility.
Estonia's Central Bank Launches Research Project into CBDC
Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
Bank of Thailand Tests its Central Bank Digital Currency with Large Businesses Before Official Debut
The Bank of Thailand (BoT), Thai’s central bank, is already utilizing its central bank digital currency (CBDC) for financial transactions with various big businesses. This development ushers in the third development phase of the nation’s CBDC before a public debut.
Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity
The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.
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