BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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According to a recent report, the Chief Fintech Officer of the Monetary Authority of Singapore (MAS), Sopnendu Mohanty while giving his statement at a recent Business event which took place at the Massachusetts Institute of Technology revealed that the country is enthusiastic about using blockchain to carry out overseas payments. However, the agency is not [...]
Saudi British Bank (SABB) a Riyadh-based Saudi joint stock company has launched an instant cross-border transfer service powered by Ripple. A Strategic Move by the Bank In a press release revealing the launch, the bank made it known that the new ripple powered platform which it launched at the Financial Sector Conference in Riyadh on [...]
According to a report by The Economic Times that cites two people involved in the matter, India's Central Bank is set to research cryptocurrencies and their potential use cases despite various freshly instated bans. This is very interesting, as RBI's plans to research cryptocurrencies and the tech behind them come right after it has repeatedly [...]
An Australian bank intends to integrate bonds on a blockchain-powered protocol. The world's first "Blockchain Bond" will be developed by the Commonwealth Bank of Australia. The bond, recognized as a bond-i or "Blockchain Offered New Debt Instrument", will become the first of its kind to be operated using blockchain technology. Representatives of the Commonwealth Bank [...]
Maerki Baumann Private Bank based in Zurich revealed it will offer support for cryptocurrency. Switzerland is known as a crypto-friendly country, and the fact that another financial giant is entering the crypto sector is once again demonstrating its intentions. Last year, Falcon Private Bank, a Swiss financial institution, was among the few banks that believed [...]