Posted in Cryptocurrency

Bank of Canada CBDC Insight: Zero-Knowledge Proof Are Insufficient for National Scale Integration

A recent analytical staff note by the Bank of Canada on CBDC’s has highlighted that higher privacy levels may come…

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BIS Annual Report Reveals Increased Activity in CBDC; Emphasis on Policy Not Competition

The Bank for International Settlements (BIS) Annual Economic report has revealed that Central Bank Digital Currencies (CBDC) are gaining popularity…

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Posted in Cryptocurrency

ING Bank Launches ‘Travel Rule Protocol’ to Ease FATF Compliance for Crypto Businesses

Top Netherlands bank, ING, introduces a new protocol system to ease crypto exchanges and firms aiming at implementing the recommended…

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Brazilian Bank to Use Chainalysis Reactor to Monitor Customers Crypto Transactions for AML

Banco Topázio, a Brazilian bank that deals with traditional as well as fintech firms, has partnered with blockchain analysis company…

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Posted in Cryptocurrency

Signature Bank Uses Fireblocks to Launch Blockchain-Based Payment Platform, Signet

Signature, a New-York based commercial bank, has launched its blockchain-based digital payment platform, called Signet, on Fireblocks network. This integration…

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Posted in Cryptocurrency

Bitcoin is Money, But Not a New Type of Money; It’s An Exchange Mechanism: NY Fed Reserve

“Bitcoin Is Not a New Type of Money,” says the Federal Reserve Bank of New York in its latest paper,…

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Bank of Thailand (BoT) to Develop A Prototype Payments System For Business Using CBDC

Thailand’s Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country’s…

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Posted in Cryptocurrency

Japan’s Multi-Billion Asset Bank, Nomura, Launches Crypto Custody with Coinshares, Ledger

One of Japan’s oldest financial institutions, Nomura bank, announced the launch of Komainu, a digital assets custodial service aimed at…

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Posted in Cryptocurrency

Iranian Official: Central Bank Should be In Charge of Crypto’s; ‘Take Bitcoin Seriously’

An Iranian lawmaker has argued that the country’s Central Bank ought to be the oversight body of Bitcoin and other…

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Posted in Cryptocurrency

JP Morgan Chase Set to Pay $2.5 Million in Crypto Class-Action Lawsuit for Overcharging

The largest bank in the United States, JP Morgan Chase has agreed to pay $2.5 million to settle a class-action…

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