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Tag: National Bank

Ukraine: Major E-Bank Monobank to Enable Bitcoin (BTC) Trading Feature

Ukrainian e-bank plans to offer Bitcoin trading in July
Ukrainian e-bank plans to offer Bitcoin trading in JulyBitcoin (BTC) gets a major adoption push in Ukraine as e-bank Monobank mulls offering BTC trading in July. Monobank to Launch Debit Cards with Bitcoin (BTC) Trading Features Bitcoin adoption the world over continues to expand with the latest development being the decision of major Ukranian e-banking application Monobank to launch a debit card featuring
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New Funding Round for Revolut in the Works, May Receive $30+ Billion Valuation: Report

Revolut, a top European digital bank, is working on its next funding round according to a recent report. If accurate, Revolut is anticipated...

Ukrainian e-bank plans to offer Bitcoin trading in July

Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month.

Ukraine Passes Law to Treat CBDC on Par With Cash

The Ukrainian parliament has passed a new payments law that would put its central bank digital currency(CBDC) on par with cash in Ukraine.

Podcast 305: Brendan Coughlin of Citizens Bank

I have been following Citizens Bank for many years as they built this robust online lending operation across multiple verticals. They have also...

Credit underwriter Zest AI raises $18 million from lender VyStar Credit, others

Tech-based credit underwriter Zest AI has raised around $18 million in a round led by mortgage lender VyStar Credit Union, First National Bank...

Movers and Shakers: Truist gets new investment banking head, Jack Henry hires new sales lead

First Internet Bancorp, Truist Securities and City National Bank were among the financial institutions that announced fresh hires and shuffled executives this month:...

Zest AI raises $18 million in funding

Underwriting software provider Zest AI has raised $18 million in a funding round led by VyStar Credit Union and the First National Bank...

The Future of Cryptocurrency Is Thrilled with Stablecoins

Digital forms of money are conceivable due to blockchain innovation. Digital currencies like Bitcoin run on top of their blockchain stages…

Blockchain Technology Not Ideal For CBDCs, SWISS Central Bank Economist Argues

U.S. Struggles To Keep Up As China Further Develops Its CBDC
Central bank digital currencies (CBDCs) have little structural benefits to draw from decentralized features of blockchain technology, according to the chief economist at Swiss National Bank Carlos Lenz. Lenz said that blockchain happens to be very inefficient, which nullifies decentralization in CBDCs as an ideal solution. Apart from blockchain technology, he said that there are […]

Report: Swiss National Bank Has No Plans for a Digital Swiss Franc

Swiss National Bank Has No Plans for a Digital Swiss Franc
Swiss National Bank Has No Plans for a Digital Swiss FrancThe Swiss are in no rush to launch a central bank digital currency (CBDC). Swiss National Bank Clears the Air on CBDC According to a report in the Swiss weekly business publication Handelszeitung, the Swiss National Bank (SNB) is in no rush to introduce a CBDC. The development, or its lack, was announced at a
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Swiss National Bank Economist States Blockchain is Unsuitable for CBDC

Carlos Lenz, the chief economist at Swiss National bank(SNB), thinks that blockchain technology is unsuitable for a central bank digital currency(CBDC). 

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