Malaysian Lending Giant CIMB Joins Ripple’s Cross-Border Payment Network
Malaysian lending giant CIMB Group Holdings Bhd has joined Ripple’s (XRP) cross-border payments network RippleNet, Bloomberg reports Nov. 15.The $53.5 billion market cap...
CBDCs Can Alleviate Risks That Contributed to 2008 Financial Crash
Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks...
Central Bank Digital Currencies Could Have Legitimate ‘Role,’ Says IMF’s Lagarde
The head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs) in...
IMF Vows to Continue ‘Devoting Attention’ to Blockchain, Cryptocurrency in Fintech...
The International Monetary Fund (IMF) said it plans to use its ongoing research and experimentation with blockchain as an “anchor” for its future...
Commodities Firms Complete Blockchain Pilot for Black Sea Wheat
Swiss-based Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reports Nov. 12. Both companies...
Swiss Crypto Firm Gets Islamic Finance Certification for Sharia-Compliant Stablecoin
Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau (SRB) for its Ethereum-based stablecoin, Reuters U.K. reports Nov....
FATF Guidelines Updated to Combat Money-Laundering and Terrorism Financing in Europe
Regulation has been a major talking point in the cryptocurrency sphere in 2018 - mainly due to the monumental crypto-craze in 2017.This has...
Finance Firms Need to Replace IT Infrastructure to Adopt Blockchain and...
Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies,...
Binance Launches Research Wing to Create ‘Institutional-Grade’ Research Reports
The largest cryptocurrency exchange, Binance, has launched an analysis division to conduct “institutional-grade” research reports, according to an announcement published Nov. 8.Binance’s new...
DLT Can Help Regulators Better Oversee Markets
The U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said in a speech Nov. 7, that technological advances, including Distributed Ledger Technology...
