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Axis Bank issues financial contract on state-backed blockchain platform
India’s Ministry of Commerce & Industry developed the SLDE platform for transferring documents using blockchain-based security protocols. 424 Total views 40 Total shares Indian financial services giant Axis Bank issued a financial…
Industry experts reveal a possible method for Bank of Russia to block crypto
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. 336 Total views 13 Total shares Amid the ongoing uncertainty about the future of cryptocurrencies in Russia,…
China’s central bank proposes to monitor metaverse and NFTs
The metaverse and NFTs are in the crosshairs of the People’s Bank of China, which wants to track them with Anti-Money Laundering tools. 717 Total views 43 Total shares China’s crackdown on crypto is expanding into the metaverse and…
EU central banks work on DLT-based asset settlement
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop. 358 Total views 21 Total shares European central banks ramp up their efforts to utilize distributed ledger…
Search for fiat alternative ‘perfectly reasonable,’ says StanChart CEO
The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies. 379 Total views 27 Total shares Bitcoin (BTC) and other cryptocurrencies have a permanent role in financial markets, but other…
El Salvador’s largest bank partners with Flexa for Bitcoin payments
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards. 713 Total views 10 Total shares Bancoagrícola, El Salvador’s largest financial institution, is set to boost the…
