China’s central bank is closely monitoring stablecoins in cross-border payments
The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the...
Tag : Bank
Bitcoin Price Prediction: Bank of Japan Rate Hike and Piling Yen Shorts Threaten BTC
Bitcoin price is back above $65,000, gaining more than $3,000 in a day, although Washington helps, news from the other side of the world threatens...
KB Kookmin Bank raises $100m through blockchain powered digital bond sale
KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign...
Pending Bank of Japan rate decision may impact Bitcoin price: Should traders prepare?
Since 2024, Bitcoin (BTC) has posted four major corrections after interest rate hikes by the Bank of Japan (BOJ), with declines ranging from 18% to...
SBI Shinsei links bank deposits to crypto rewards in Japan: Nikkei
SBI Shinsei Bank will reportedly launch a service that rewards deposit customers with cryptocurrency exchange vouchers based on their account balances. According to a Nikkei...
JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared Tokenized Deposit Network to challenge stablecoins. It goes through The Clearing House, targeting...
Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report
Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company’s US CEO, Cetin Duransoy. Duransoy...
Revolut plans U.S. bank push with stablecoin services in focus
Revolut has announced plans to launch a U.S. bank next year, offering FDIC-insured accounts and stablecoin services as it deepens its push into American financial...
Coinbase launches rupee bank rails in India after FIU nod
Coinbase has enabled direct rupee bank rails in India, making it easier for local customers to move money between bank accounts and crypto markets on...
Vietnam may let SMEs use digital assets to unlock bank loans
Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans....