Austrian Bank Raiffeisen Works on National Digital Currency Pilot

While global jurisdictions are progressing with central bank digital currencies, private institutions also work on digitizing national currencies. Raiffeisen Bank International (RBI), a...

Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec

Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.Visa head of crypto Cuy Sheffield tweeted...

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority.Through the new...

COVID-19 Incentivizing Crypto and Leading Mainstream Adoption

Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of...

German Bank Partners With Singapore Fintech Consortium on Blockchain

Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital.While the entities have yet to detail the...

DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of...

Cryptocurrency News From Japan: May 10

This week’s headlines from Japan included SBI Holdings pairing up with Redstone Digital for a joint venture fund, LayerX teaming up with GMO...

How You Could Save Money When Reporting Crypto Taxes

Many crypto holders are reporting their crypto transactions for the first time as a result of the United States Internal Revenue Service’s question...

South Korea’s Fintech Sandbox Creates 380 New Blockchain Jobs

South Korea’s regulatory sandbox has helped create almost 380 blockchain and other fintech jobs and generated around $110 million in investments.According to Shina...

Visa Files Patent Application For Digital Currency

Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office.According to the application published...
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