Tag: Central Banks
Vietnamese Central Bank Bans Cryptocurrencies
Vietnam’s central bank, State Bank of Vietnam has declared the use of digital currencies in the country as illegal. The central bank also announced that it...
Why IMF Wants to Enter Crypto Market With its Own Coin
Christine Lagarde, IMF Managing Director, has had many positive things to say about the potential of digital currencies and their disruptive model, but she...
Singapore’s Central Bank Hires Accenture for Blockchain Interbank Payments Prototype
Professional services and consultancy giant Accenture has been appointed by Singapore’s central bank to develop a prototype blockchain solution for interbank payments.
Earlier this month,...
Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin
Sweden is fast-moving to follow through on its plans to become the world's first cashless society.
While this is seen as a good sign for digital currencies...
Singaporean Banks Abruptly Terminate Accounts of Bitcoin Exchanges
Earlier this week, two local bodies representing the local financial technology (fintech) industry have revealed that Singaporean banks have denied banking services to bitcoin...