Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit
Category: Banks
Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial
Raiffeisen amongst 28 organizations in the first global-scale trial on R3 Corda network
Major Singapore Bank Completes First DLT Trade Financing Transaction
A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction
Fed Governor Warns: Facebook’s Libra Users Lack Clear Rights
The Fed’s Lael Brainard warns that Libra users’ rights with respect to the token’s underlying assets and the system overall remain unclear
Central Banks Have Three Options for Crypto Regulations, Says Official
French central banker Denis Beau discussed the options available to central banks vis-a-vis cryptocurrency regulations
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The India Supreme Court has postponed a hearing regarding the Reserve Bank of India’s policy that bans financial institutions from giving services to crypto businesses
HSBC Enacts First Letter of Credit on a Blockchain in Malaysia
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency
Dubai, Emirates NBD Sign MoU on Blockchain Trade Finance Solutions
Dubai Chamber of Commerce signs MoU with Emirates NBD for blockchain-based trade finance within the Digital Silk Road initiative in the UAE
Major Chinese Bank Updates Blockchain Platform After $50 B Transacted
China Construction Bank updates blockchain trading platform after transacting over $50 billion