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Bank of Spain Chooses Adhara, Cecabank, and Abanca to Test CBDC

Bank of Spain Chooses Adhara, Cecabank, and Abanca to Test CBDC

Banco de España, Cecabank, Abanca, and Adhara Blockchain are launching a pilot program to explore the use of a wholesale Central Bank Digital Currency, aiming to simulate interbank payments.

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.

Italian Banking Association Chose Decentralized Blockchain Route

Italian Banking Association Chose Decentralized Blockchain Route

The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

Baidu Trends: Bitcoin Searches Skyrocket Amid Social Distancing and Working From Home Approaches

According to Baidu, a Chinese multinational technology company offering internet-related services, Bitcoin searches have shot up by 183% in the last one month. This trend can be linked to the fact that many countries have asked their citizens to adhere to precautionary approaches, such as self-quarantining, social distancing, working from home, necessitated when tackling coronavirus.

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

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