Centrale Bank van Curaçao en Sint Maarten, Bitt sign MOU to explore central bank digital currency
Aug 14, 2018 06:29 am UTC| Digital Currency Fintech
Barbados-based blockchain startup Bitt has signed a Memorandum of Understanding (MOU) with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to explore the possibility of issuing central bank-issued digital...
FinCEN to launch cryptocurrency-focused exchange program
Aug 13, 2018 03:33 am UTC| Digital Currency Fintech
FinCEN, a bureau of the United States Department of the Treasury, is going to launch an exchange program focused on cryptocurrencies to help facilitate engagement with the industry. Speaking at the 2018 Chicago-Kent...
World Bank, CBA tap Ethereum for first blockchain bond transaction
Aug 10, 2018 04:35 am UTC| Digital Currency Fintech
The International Bank for Reconstruction and Development (IBRD), or the World Bank, has selected Commonwealth Bank of Australia (CBA) to issue a bond using distributed ledger technology (DLT). The World Bank issues...
Office of the Comptroller of the Currency to host fintech-focused innovation office hours
Aug 10, 2018 03:44 am UTC| Fintech
The Office of the Comptroller of the Currency (OCC) has announced it will host fintech-focused Innovation Office Hours in New York in September. To be held from September 25 to 27, the Innovative Office Hours aims to...
South Korea’s Shinhan Bank partners with KT to develop blockchain solution
Aug 08, 2018 09:56 am UTC| Fintech Digital Currency
Shinhan Bank, South Koreas second largest commercial bank by total assets, has entered into a partnership with telecom giant KT in order to jointly build a blockchain-based service, The Korea Times reported. The bank...
Global financial regulators team up to launch global fintech sandbox
Aug 08, 2018 09:26 am UTC| Fintech
The UK Financial Conduct Authority (FCA), together with 11 global financial regulators and related organisations, has announced the formation of the Global Financial Innovation Network (GFIN). The initiative builds on...
FBG Capital, Kenetic and others back Singaporean blockchain startup Rate
Aug 07, 2018 11:48 am UTC| Digital Currency Fintech
Singaporean blockchain startup Rate has raised $15 million in its initial coin offering (ICO) drive that ran from April 16 to May 22, TechInAsia reported. The token sale was open to both public and private investors and...
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