Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank...
Tag: Bank
Japanese Challenger Bank Kyash Raises $41m from Jack Dorsey’s Block and Others
Kyash, a Tokyo-based challenger bank, announced Thursday that it had raised $41.2 million in a Series D funding round from investors, including payments company Block (formerly Square), Greyhound Capi...
Bank Of Canada Partners MIT To Take CBDC Research A Step Further ⋆ ZyCrypto
Advertisement     Canada to collaborate with MIT to expand its CBDC research. The research is expected to last for a year. The apex bank still maintains it isn’t relea...
Dogecoin Price Falls As India’s Central Bank Bans Cryptos
This morning, the cryptocurrency market saw a significant headline that caused Dogecoin’s price action to drop. The Indian Central Bank came out with firm rejection against adopting cryptocurrencies i...
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptocurrencies in Russia, it appears to have reevaluate...
Bank of Canada And MIT Agrees To Collaborate On CBDC Research
The Bank of Canada and the Massachusetts Institute of Technology (MIT) are collaborating on Central Bank Digital Currency (CBDC) research. The research will be conducted on a twelve-month basis, after...
Bank of America stock price forecast: Mike Mayo sees a 56% upside
Bank of America Corp (NYSE: BAC) is the best positioned to benefit from the rising rate environment, says Wells Fargo’s Mike Mayo. The U.S. Fed is expected to lift interest rate in each of its r...
Russia’s largest bank to issue digital financial assets following approval
advertisement Russia’s largest bank, Sberbank, will soon start issuing and exchanging digital financial assets (DFA). The bank announced on Thursday that companies will be able to make transactions on...
Sberbank Gets License From Russian Central Bank to Issue, Exchange Digital Assets
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Gold at $10,000? Death of the 40-year bull market in bonds? What’s next for the global financial system after Russia’s central bank gets cancelled
The shockwaves are still being felt by the incredible Western sanctions that have rendered the $630 billion in reserves the Russian central bank accumulated virtually unusable. Can the current dollar-...
Bank Of Canada And MIT Announce Collaboration To Focus On CBDC Research
The Bank of Canada and the Massachusetts Institute of Technology (MIT) announced a 12-month collaboration to research Central Bank Digital Currencies (CBDCs). The report will be published at the end o...
Bank of England Raises Interest Rates Back to Pre-Pandemic Level of 0.75%
The policy statement, however, leaned dovish, suggesting consensus expectations for the central bank to bring its bank rate to 2% by year end might have gotten ahead themselves. “Some further mo...
Block invests in Japanese challenger bank Kyash in $41.2 million round
advertisement Kyash, a Tokyo-based challenger bank, has raised a $41.2 million Series D from investors including payments company Block (formerly Square), Greyhound Capital and Japan Post Investment C...
Bank of Canada and MIT to Conduct a Joint Research Project on CBDC
Canada’s central bank collaborated with the Massachusetts Institute of Technology (MIT) to launch a twelve-month research project on central bank digital currency (CBDC). The study will inform the fin...
Silvergate Bank Hires Aave General Counsel Rebecca Rettig as Board of Director
Rebecca Rettig, a general counsel for Aave Companies, the team behind decentralized finance (DeFi) platform Aave, is assuming a new role at Silvergate bank, a leading bank for innovative businesses in...
Canadian Central Bank Partners with MIT for CBDC Research
The Bank of Canada- the Central Bank of Canada, announced Wednesday that it has partnered with the Massachusetts Institute of Technology (MIT) to work on a twelve-month research project on Central Ban...
Bank of Canada partners with MIT
TL; DR Breakdown Bank of Canada will partner with MIT on a Canadian CBDC research The research will run for 12 months The US wants to create a CBDC The design and subsequent development of potential C...
Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency – Regulation Bitcoin News
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that ...
Bank of Canada and MIT to Work on Joint CBDC Collaboration
The Bank of Canada (BoC) and Massachusetts Institute of Technology (MIT) have announced on Wednesday that both parties have reached an agreement to collaborate in a twelve-month research project on ce...
Bank of Canada Partners With MIT on CBDC Research
Key Takeaways The Bank of Canada has partnered with MIT’s DCI in order to research a central bank digital currency (CBDC). The Canadian central bank will publish a report on its findings at the ...
Canada’s central bank and MIT to collaborate on CBDC research
advertisement The Bank of Canada, the country’s central bank, and the Massachusetts Institute of Technology (MIT) have agreed to collaborate on Central Bank Digital Currency (CBDC) research. CBD...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoi...
Edward Snowden Slams Central Bank Digital Currencies: ‘The Risk Is Very Easy to Illustrate’
Edward Snowden again weighed in on the rise of central bank digital currencies (CBDCs) when he spoke at Camp Ethereal 2022 last week, expounding on why these new assets are problematic. In an intervi...
This Bank Won’t Be Displaced
Bank sign on glass wall of business center getty I first made Royal Bank of Canada (RY) a Long Idea in April 2018. Since then, the stock is up 43% compared to a 63% gain for the S&P 500. Despite u...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services – Coinotizia
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custod...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services – Regulation Bitcoin News
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custod...
Bitcoin Will Continue to Grow as a Significant Store of Value, Says Head of Southeast Asia’s Largest Bank ⋆ ZyCrypto
Advertisement     Gupta does not expect the “privately issued” coins to replace state-backed money. DBS, Southeast Asia’s largest bank, has massive plans for crypto. M...
Pfizer, Deutsche Bank, JPMorgan—Here Are The Companies Cutting Ties With Russia Over Ukraine Invasion
Drugmaker Pfizer said Monday it would donate all profits from its Russian subsidiary to humanitarian aid in Ukraine and will no longer do “business as usual” in Russia, adding to a growing list of com...