The Peoples Bank of China (PBoC) is close to releasing its own government-backed digital currency, according to China Daily. The report further revealed that the upcoming central bank digital currency (CBDC) may have...

Bank of America, the second-largest bank in the U.S. by assets, has applied for a patent for a digital currency wallet with multiple layers of asset access. According to filing entitled Multi-Tiered Digital Wallet...

HSBC Bank Australia has signed a new license agreement with Australian fintech startup Identitii to tap the latters intelligent information exchange platform, Overlay+. Launched in October 2018, Overlay+ enables...

Big Four consulting giant Deloitte has introduced a new mobile demo platform for blockchain-based prototyped solutions. Dubbed Blockchain in a Box (BIAB), the mobile, self-contained technology platform has been designed...

The International Bank for Reconstruction and Development (IBRD or the World Bank) has announced that it has raised an additional AUD 50 million (or approximately USD 33 million) for its Kangaroo bond due August 2020 using...

Binance, the worlds largest cryptocurrency exchange by trading volume, has unveiled its new open blockchain project. Dubbed Venus, the initiative aims to develop localized stablecoins and digital assets pegged to fiat...

The government of the Indian state of Maharashtra is planning to introduce a regulatory sandbox to use blockchain technology in different applications. According to a report by DNA India, the government plans to...

Spanish banking giant Santander Group has revealed that it is building a payment corridor that would allow Latin American customers to send money to the U.S. instantly via One Pay FX at no fees CoinDesk...

An advisory committee under the United States Customs and Border Protection (CBP) has announced its plans to soon launch live testing of its blockchain-based intellectual rights (IPR) proof-of-concept (POC). The details...

South Koreas Jeju Island announced the launching of the Blockchain Hub City Development Research Service, which will be investing 175 million won ($145,000) for research that will be conducted until December. According...