The Central Bank of the Netherlands Doesn't Consider Digital Currencies as a Substitute for "Fiat"

The Central Bank of the Netherlands Doesn't Consider Digital Currencies as a Substitute for "Fiat"

A representative of the Central Bank of the Netherlands, Petra Hielekema, said that they don't consider cryptocurrency as a substitute for fiat funds.
The New Virtual Accounts on the Korean Cryptocurrency Exchange Bithumb will Stop Working

The New Virtual Accounts on the Korean Cryptocurrency Exchange Bithumb will Stop Working

The South Korean crypto exchange Bithumb should suspend the issue of new virtual accounts, in line with the policy of KYC. This requirement is due to the fact t...
The Fourth Bank of China will Issue Blockchain Loans, Secured by Land

The Fourth Bank of China will Issue Blockchain Loans, Secured by Land

The Agricultural Bank of China (ABC), ranked fourth among the world's largest banking institutions, issued its first loan on the basis of a blockchain. The comp...
Qiwi Payment System Launches Crypto Investment Bank

Qiwi Payment System Launches Crypto Investment Bank

Payment system Qiwi, which is one of the largest electronic payments company, launches a crypto investment bank, which will be called HASH. The new project will...
Bank of England to Open Settlement System to Private Firms, Distributed Ledgers

Bank of England to Open Settlement System to Private Firms, Distributed Ledgers

The Bank of England remains bearish on bitcoin, but the central bank has announced plans to overhaul its settlement system to allow private payment systems, inc...
Robinhood Plans to Enter the Banking Sector

Robinhood Plans to Enter the Banking Sector

Robinhood is a free cryptocurrency application that allows you to trade. Today the company is negotiating with the US regulating authorities about the prospects...
Colombian Banks Against Crypto Exchange Buda

Colombian Banks Against Crypto Exchange Buda

The local newspaper reported that the banks of Colombia had decided to close the accounts of the Buda crypto exchange. The confirmation of this was sent via e-m...
Dutch Central Bank: Blockchain 'Promising But Inefficient' in Payments

Dutch Central Bank: Blockchain 'Promising But Inefficient' in Payments

Blockchain technology isn't a beneficial addition to the payment system in the Netherlands – at least not yet, according to the country's central bank.
The Implementation of Blockchain in the Work of the Central Bank of Thailand (BoT)

The Implementation of Blockchain in the Work of the Central Bank of Thailand (BoT)

The Central Bank of Thailand (BoT) is considering the issue of implementing blockchain technology in the system of interbank clearance and settlement. The head ...
Chinese Central Bank Develops Blockchain System to Digitize Paper Checks

Chinese Central Bank Develops Blockchain System to Digitize Paper Checks

The People’s Bank of China (PBoC) has revealed a blockchain-powered system to digitize paper checks, local media Financial News reports June 5. The system aims ...
ECB: Cryptocurrencies Should Live Separately

ECB: Cryptocurrencies Should Live Separately

Member of the Board of the European Central Bank Ives Mersch said that it is necessary to distinguish between cryptocurrency transactions from investment and tr...
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