Banks News

A bank is a financial organization that generates revenue by charging interest on lent capital, transaction fees and giving financial advice. The banking sphere is subject to strict governmental regulations, as it is one of the most significant agents in the financial system. Commercial banks are involved in a wide variety of activities, from personal banking and consumer finance to foreign exchange and money market trading. The World Bank is an organization with the aim of reducing poverty and helping underdeveloped countries with economic development. The World Bank Group includes five organizations, with one of them being International Bank for Reconstruction and Development (IBRD), which is often confusingly referred to as the World Bank. Modern times have reduced the barriers of global competition of banks all over the world and has made the banking sphere more and more globalized.

News
The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year.
Lithuanian Central Bank Announces Blockchain Collector Coin
Adrian Zmudzinski
2019-12-09T14:35:00+00:00
1300
News
A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report.
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
William Suberg
2019-12-09T09:43:00+00:00
2336
News
General manager at the BIS Agustin Carstens seems to have changed his negative stance towards CBDCs, now saying that such currencies could open up new possibili...
Bank for International Settlements Exec Shows New Fondness for CBDCs
Ana Alexandre
2019-12-06T17:23:00+00:00
1634
News
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.
Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
Ana Alexandre
2019-12-06T02:00:00+00:00
14093
News
The central bank of France plans to pilot a central bank digital currency for financial institutions by the end of the first quarter of 2020.
France to Test Its Central Bank Digital Currency in Q1 2020: Official
Helen Partz
2019-12-04T18:08:00+00:00
6795
News
Bank of Japan Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency in the country.
No Demand for a State Digital Currency in Japan: Central Bank Governor
Adrian Zmudzinski
2019-12-04T10:52:00+00:00
2100
News
A statement from MUFG contradicts earlier press reports, which claimed that it would launch a digital currency in 2020 following a recent partnership.
Japan: MUFG Bank Denies Reports It is Developing New Digital Currency
William Suberg
2019-12-04T10:02:00+00:00
1751
News
A Danish court has ruled that the country’s major bank Nordea can bar its employees from owning Bitcoin and other digital currencies.
Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin
Ana Alexandre
2019-12-03T16:55:00+00:00
2892

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