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Tag: Banks

Board urges Bank of Central African States to introduce common digital currency: Report

July 22, 2022 wp-bot Cointelegraph

The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April.

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Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

July 20, 2022 wp-bot Bitcoin News

The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will

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‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin

July 18, 2022 wp-bot Cointelegraph

Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022.

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56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey

July 15, 2022 wp-bot Cointelegraph

Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027.

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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

July 13, 2022 wp-bot Bitcoin News, Blockchain

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as

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US Treasury study finds CBDCs a plus for commercial bank stability

July 12, 2022 wp-bot Cointelegraph

Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the

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Blockchain
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