Bank

e-franc

Swiss Government Shutting the E-Franc idea down

Swiss Government Shutting the E-Franc idea down 1024 500 Crypto Rand Group

The government of cryptocurrency-friendly Switzerland has shot down the idea of issuing a digital Swiss e-franc, for now. According to a Dec. 13 press release published on the Federal Council’s…

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ING Bank

ING Bank Want its Clients to Store Crypto

ING Bank Want its Clients to Store Crypto 1024 500 Crypto Rand Group

Major Dutch bank ING is developing technology so that its clients can safely store digital assets like cryptocurrencies, Reuters reports citing sources familiar with the matter. The firm then told…

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First Provider For China

Tencent, First Provider For China’s National Blockchain Consortium

Tencent, First Provider For China’s National Blockchain Consortium 1024 500 Crypto Rand Group

WeBank, a digital bank owned by Tencent that makes loans to small businesses and individuals, has become the first technical infrastructure provider for China’s blockchain network.  The Shenzhen-based company will…

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Collector Coins

Lithuanian Collector Coins: Blockchain and History

Lithuanian Collector Coins: Blockchain and History 1024 500 Crypto Rand Group

According to a press release on Dec. 9, The Bank of Lithuania announced that it will release digital, blockchain-based collector coins in the spring of 2020. The coin is dedicated…

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Crypto is Inevitable

According to Deutsche Bank, Crypto is Inevitable

According to Deutsche Bank, Crypto is Inevitable 1024 500 Crypto Rand Group

The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from…

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France Cryptocurrency

France To Launch Their Own Cryptocurrency

France To Launch Their Own Cryptocurrency 1024 500 Crypto Rand Group

The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France,…

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German Banks Cryptocurrencies

German Banks Allowed to Sell Cryptocurrencies

German Banks Allowed to Sell Cryptocurrencies 1024 500 Crypto Rand Group

New legislation is allowing German banks to sell and store cryptocurrencies, starting next year. Previously, banks were barred from offering direct access to crypto assets, but the new law implementing…

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HSBC Using Blockchain

HSBC Using Blockchain to Track Assets

HSBC Using Blockchain to Track Assets 1024 500 Crypto Rand Group

HSBC has planned using a blockchain based custody platform by March next year, to track $20 billion worth of digital assets. According to Reuters, the platform, known as Digital Vault,…

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Ghana May Launch a Digital Currency

Ghana May Launch a Digital Currency 1024 500 Crypto Rand Group

Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency. The governor of the West African nation’s central bank, Ernest Addison, said Tuesday that…

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Chinese Fintech

Chinese Fintech companies to invest $1 Billion in Banking Blockchain technology

Chinese Fintech companies to invest $1 Billion in Banking Blockchain technology 1024 500 Crypto Rand Group

The 2019 International Financial Cooperation Forum was held at the National Exhibition and Convention Center in Shanghai, during the 2nd China International Import Expo (CIIE). Cao Tong, the chairman of…

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