FedNow fired into full throttle following Commissioner support
In a letter addressed to the Federal Reserve, Rohit Chopra, a commissioner at the United States Federal Trade Commission.
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BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
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Bank of England expands Digital Currency experiments for the extended future
The Governor of the Bank of England has said that central bank digital currencies has been on the agenda for some time.
CBDC development prioritised post COVID says BIS
Head of the Innovation Hub at the Bank for International Settlements confirms COVID causing reprioritisation of CBDC development
Coinbase CLO converts to currency Comptroller
Brian Brooks, former Coinbase CLO, now acting Comptroller of Currency at the US Office of the Comptroller reiterates support for blockchain
A return to the Wood Standard? local currencies and covid
A small town in Washington is returning to the "wood standard" in issuing it's own currency to combat covid-19 related economic issues
Banque de France finishes first CBDC test
The Bank of France has announced the successful completion of a central bank digital currency test.
Calibra becomes Novi in Libra wallet rebrand
Calibra, founding Libra Association member, Facebook subsidiary and Libra wallet provider has announced a rebrand, becoming Novi.
Another (alleged) criminal caught courtesy of cryptocurrency
Blockchain records have been used as evidence in the arrest of an alleged money launder who liked to post pictures of cash on social media..
EU bank customers can earn interest on Bitcoin deposits
European banking customers can now earn interest on Bitcoin deposits with a neobank offering 4.3% per annum rates
The Marshall Island's Central Bank Digital Currency, powered by Algorand
The Marshall Island's SOV digital currency is an exciting experiment those interested in Central Bank Digital Currencies should watch...
Agricultural Bank of China championing a Central Bank Digital Yuan
The Agricultural Bank of China is testing the early user interface for China's Central Bank Digital Currency, with screenshots leaked
First-ever Islamic cross-border transaction using blockchain
The Abu Dhabi Islamic Bank has become the first Islamic bank to execute a cross-border finance distribution transaction using blockchain.
Bank of France flourishes experiment program on central bank digital currency
The Banque de France has officially ramped up its own plans to release its central bank digital currency.
Caitlin Long's Avanti crypto bank hires C-suite
Avanti, slated to be the first digital currency focused bank based in Wyoming to be approved as an SPDI, has announced its executive team.
China champions central bank blockchain trade finance platform
The People's Bank of China (PBoC) is set to receive 32.35 million yuan (around AUD$7.2 million) in "special funding".
Supreme Court of India quashes crypto banking ban
The Supreme Court of India has reversed the Reserve Bank of India's 2018 decision preventing crypto exchanges from banking services
Lloyds of London launches crypto wallet liability insurance
Insurance giant Lloyds has launched a new liability insurance policy to protect digital currencies held in hot wallets from theft and hacks
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