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Bank of Lithuania Encourages Adoption of Central Bank Digital Currency – Coinfomania

In light of the announcement by the Bank of Lithuania to launch digital collector coins by 2020, the bank published…

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Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments

Despite this accolade, Bank of America remains opposed to cryptocurrencies. Ripple’s value dropped by just over 1% in the last…

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Santander Exec Praises Blockchain Tech After $20M Ethereum-Issued Bond Redemption

Santander is the only bank to completely automate a bond on a public blockchain. Ethereum has dropped by 1.84% in…

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Bank of Lithuania to Launch 24,000 World’s First Digital Collector Coins – Coinfomania

The Bank of Lithuania revealed on Monday that it will issue the world’s first blockchain-based digital coin for collectors at…

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Germany’s Deutsche Bank (DB) Predicts Fiat Would Be Dead by 2030 – Coinfomania

Deutsche Bank (DB),  a German multinational investment bank and financial services company has admitted that digital currencies are the future…

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India Will Launch a Digital Currency, But Ban on Private Cryptos Remains – Coinfomania

After several kicks from the Reserve Bank of India (RBI) against cryptocurrencies in the country, the central bank has announced…

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France to Test Its Digital Currency Project in Q1 2020 Says François Villeroy

The French central bank (Banque de France) has joined the fast-growing queue of countries looking to launch a digital currency…

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Posted in Cryptocurrency

Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity

Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs)…

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Posted in Cryptocurrency

MUFG Denies Reports That It Will Develop A Digital Currency With Indeed And Glassdoor Owner Recruit

Mitsubishi UFJ Financial Group Bank (MUFG) has released a statement saying that while it has agreed to collaborate with Recruit,…

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Posted in Cryptocurrency

Bank of France Announces Testing of Central Bank-Issued Digital Currency in Q1 Next Year

The Bank of France announced its intention to launch a digital asset during a conference held by the ACPR. The…

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