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National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership

National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership

Egypt’s biggest and oldest bank, the National Bank of Egypt, seeks to revamp its inward remittances with blockchain technology. As a result, the bank has entered a partnership with Ripple to use its blockchain-powered payments network RippleNet to offer cost-friendly and quicker cross-border payments.

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia digital currency, which is a central bank digital currency, called Bakong, was launched on a trial basis in Cambodia in July 2019.

World's First National Digital Currency to Be Built on Algorand

World's First National Digital Currency to Be Built on Algorand

World’s First National Digital Currency to Be Built on Algorand

China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'

China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'

China has been reportedly developing its central bank-issued digital currency for a while and is believed to be ready to launch by China’s central bank, People’s Bank of China (PBoC).

Turkish Government Announces Plans for National Blockchain Infrastructure

Turkish Government Announces Plans for National Blockchain Infrastructure

The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.

A Brief History of US National Credit Defaults

A Brief History of US National Credit Defaults

Which nation’s credit is the most reliable? Many casual economic observers would say “America” without hesitation. But do the United States really have a stellar-credit record? No actually, not really at all. In fact, a conscientious look over the last few centuries would reveal that the nation’s brief history is riddled with national credit defaults.

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance

National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.

Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency

Rwanda’s Central Bank is Planning to Issue Its Own Digital Currency

Rwanda’s Central Bank, the National Bank of Rwanda is researching ways to issue its own digital currency.

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.

India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency

India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency

India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

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