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Tag: National Bank

Bank of England and Bank for International Settlements Establish Innovation Hub in London

The Bank for International Settlements (BIS) and the Bank of England (BoE) revealed on June 11, 2021, that they’ve introduced the BIS Innovation...

BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking

Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning central bank digital currencies...

BIS and BOE Launch the Innovation Hub London Centre

The BIS Innovation Hub program is mainly focusing on the use of innovative technologies in the financial sector.

Ukraine Welcomes Cryptocurrency Despite Cautiousness from National Bank

The cryptocurrency industry in Ukraine seems to be heading south after the National Bank of Ukraine (NBU) came out to warn the citizens about the risks associated with this nascent digital asset.

French and Swiss central banks to trial wholesale digital currencies

By John Revill and Marc Jones ZURICH/LONDON (Reuters) - The Swiss National Bank and the Bank of France will trial Europe's first cross-border...

LendingClub Shuffles Executives as it Focuses on Digital Bank Mission

LendingClub Corporation (NYSE: LC) has announced several executive changes as it focuses on its mission to emerge as a top digital banking operation....

China Blocks Crypto-Related Social Media Accounts as Part of Crackdown

A large number of crypto-related records in China’s Twitter-like Weibo stage were obstructed over the course of the end of the week, as Beijing ventured up a crackdown on bitcoin exchanging and mining. More activities are normal, including connecting unlawful crypto exercises in China all the more straightforwardly with the country’s criminal law, as indicated by examiners and a monetary [...]

The post China Blocks Crypto-Related Social Media Accounts as Part of Crackdown appeared first on Coin News Asia.

Anchorage, A Digital Bank, Provides Institutions With Ethereum-Backed Loans

Anchorage provides institutions with Ethereum-backed loans. Institutional investors can borrow USD without having to liquidate their ETH.

Digital bank Anchorage offers Ethereum-backed loans to institutions

Institutional investors can get USD on credit without liquidating their ETH.

SoFi Starts Trading on Nasdaq as a Public Company

It has an historic day for SoFi yesterday as the leading fintech company officially became a public companyJune 2, 2021 By Peter Renton...

Turkish Lira down to record lows as USD rebounds

The recent decision of the President of Turkey, Recep Tayyip Erdogan has sent the national currency of the country to a new all-time...

Kyrgyzstan seizes thousands of crypto mining machines.

The State Committee for National Security (GKNB), Kyrgyzstan’s organized crime-fighting agency, raided several facilities mining cryptocurrency outside the law. The special operation was conducted in the capital Bishkek and Chuy Oblast, the country’s northernmost region. During the raid against illegal mining activities, law enforcement agents have seized around 2,000 cryptocurrency mining units, GKNB announced, quoted […]

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