Wednesday, April 14, 2021

Banks

Sweden’s central bank completes first phase of digital currency pilot

The Sveriges Riksbank said that CBDC technology still requires further investigation. Source link

After breaking $100 billion TVL, DeFi is now the equivalent of...

It's a long road to the #1 spot, but some ecosystem players think we'll get there eventually. Source link

Indian IT giant Tech Mahindra to launch stablecoin tool for banks

Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement...

Bahamas' Sand Dollar nears commercial rollout as interoperability completed

Following cybersecurity assessments, commercial institutions are being cleared to issue the world's first CBDC — the Bahamas' Sand Dollar. Source link

Chinese Citizens Can Now Apply for the Digital Yuan Wallet Through...

Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that...

Major South Korean Bank BNK Busan Plans to Offer Banking Services...

The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services...

European Central Bank tries to quell Germans' doubts about digital euro

A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank. Source link

Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India

Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry. Source link...

Crypto-collateralized loans may soon bring new investors to space

"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,”...