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Union Bank of The Philippines Launches Crypto Trading Services

Union Bank of The Philippines Launches Crypto Trading Services

The Union Bank of the Phillippines has launched crypto trading services for its customers in partnership with Metaco

Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service

Union Bank of Philippines Cooperates with Hex Trust for Promoting Pilot Digital Assets Custody Service

Union Bank of Philippines (UnionBank) announced the bank has paired with Hong Kong-based Hex Trust to pilot digital assets custody service.

Union Bank of the Philippines to Enhance Crypto Trading & Custody Services

Union Bank of the Philippines to Enhance Crypto Trading & Custody Services

Union Bank of the Philippines plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country's rapid adoption of digital tokens.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program

Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program

The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are being invited to submit their applications, as the Bank of France is calling for applications to experiment with the use of a digital euro.

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.

Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court

Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court

A Danish court has ruled that Nordea Bank is within its rights to prohibit its employees from investing in Bitcoin and other cryptocurrencies.

Five EU Member States Take Position Against Stablecoins

Five EU Member States Take Position Against Stablecoins

Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region

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