Banking News

The Italian Banking Association, or ABI, uses a blockchain-based system called Spunta, built with decentralization in mind.

Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure.

A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform.

Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.

Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries.

Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia.

IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation.

According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption.

Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect.

A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking.

Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive.

Blockchain banking app, Bitwala, has integrated with DeFi app Celsius to offer interest to Bitcoin hodlers.

European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological.

Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies.

Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector.