Search Results for "qatar national bank"
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.
Protego Becomes the Second Federally Chartered Crypto Bank in United States
Protego, Washington state-chartered trust firm, has received a conditional approval from the OCC to become the second nationally chartered crypto bank in the U.S.
World's First National Digital Currency to Be Built on Algorand
World’s First National Digital Currency to Be Built on Algorand
Ghana Confirms Its Interest in Piloting Central Bank Digital Currency
Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.
People’s Bank of China Announces Its Digital Currency is Ready
The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture
Jamaica to Launch Central Bank Digital Currency in 2022
Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.
Turkish Government Announces Plans for National Blockchain Infrastructure
The Ministry of Industry and Technology of the Turkish Government announced its plan for a national blockchain infrastructure used in public administration on Sept. 18 in Ankara.
Director of National Intelligence Warns US SEC of China’s Cryptocurrency Dominance
National Intelligence Director John Ratcliffe has warned the US Securities and Exchange Commission that China’s cryptocurrency dominance could put the US at a disadvantage.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Six Central Banks Form Working Group to Assess Central Bank Digital Currencies
Six central banks around the world have come together to create a working group to share experiences on use cases on central bank digital currency (CBDC). With significant expertise in exploring digital currencies, these six central banks are the Bank of Canada, Bank of England, Bank of Japan, European Central bank, Sveriges Riksbank in Sweden, and the Swiss National Bank, and the Bank of International Settlements (BIS).
National Bank of Egypt Delves into Blockchain-Powered Inward Remittances with Ripple Partnership
Egypt’s biggest and oldest bank, the National Bank of Egypt, seeks to revamp its inward remittances with blockchain technology. As a result, the bank has entered a partnership with Ripple to use its blockchain-powered payments network RippleNet to offer cost-friendly and quicker cross-border payments.
Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance
The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.