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eToro CEO: Central Banks will Inevitably Establish Digital Currencies

eToro CEO: Central Banks will Inevitably Establish Digital Currencies

Yoni Assia, eToro’s CEO, recently weighed in on the issue of Central Bank Digital Currencies. He noted that this matter was no longer an issue of “if,” but of “how and when” because the development of digital currencies by central banks was inevitable.

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development.

Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions

Elliptic Discovery Established to Seamlessly Assist Banks in Crypto-Asset Decisions

Elliptic, a London-based provider of crypto-asset risk management solutions, has revealed the launch of Elliptic Discovery, a database of more than 200 worldwide crypto exchanges, that is purposely built for banks in their quest to determine the flow of funds into and out of crypto-assets.

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).

R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies

R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies

Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities for the consortium. Having been in the trade finance industry for over 30 years, Wegner feels that it is an incredible opportunity for blockchain to help streamline processes.   

CBDCs Are Bad News to European Banks, says Bank of America Analysts

CBDCs Are Bad News to European Banks, says Bank of America Analysts

Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank Claims COVID-19 Accelerated Central Banks' Interest in Digital Currencies

DBS Bank has pointed out that the coronavirus pandemic has caused a “troubled and intrigued” dilemma for central banks around the world.

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