CoinFlash

CBDCs

BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments

Tanzeel AkhtarJan 22, 2021

The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.

Digital Yuan

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw

Tanzeel AkhtarJan 21, 2021

Lottery entrants can apply to win 200 digital yuan each.

Capital Markets

Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets

Tanzeel AkhtarJan 22, 2021

The new venture seeks to partner with fixed income issuance platforms for their post-trade infrastructure.

Blockchain Technology

Microsoft, India’s Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain

Tanzeel AkhtarJan 21, 2021

The edge-to-edge encrypted platform is built on Microsoft Azure and accessible by clients via an API.

Legislation

Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto

Tanzeel AkhtarJan 21, 2021

Sen. Mike Flood wants to make Nebraska a financial technology hub and create jobs.

CoinFlash

Debit Cards

Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals

Tanzeel Akhtar

Users can select any investment in their Bitpanda account to fund payments with the physical Visa card.

51% Attacks

Privacy Coin Firo in Midst of ‘Hash War’ With 51% Attacker

Benjamin Powers

From a Proof-of-Work perspective, both chains are valid. Which will win?

Exchanges

Thai SEC Tells Bitkub Crypto Exchange to Improve Platform After Trading Outages

Tanzeel Akhtar

The financial regulator ordered the Bitkub exchange to close and fix issues that caused several outages as prices spiked this month.

Digital Euro

European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro

Tanzeel Akhtar

The digital euro project may get underway in mid-2021 after a period of review.

Thailand

Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded

Tanzeel Akhtar

Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.

Blockchain Technology

BMW, Ford Help Advance Standard for ‘Tamper-Proof’ Blockchain Identities for Vehicles

Tanzeel Akhtar

A new standard developed in a MOBI working group is aimed at tackling used car fraud with verified car histories.

Banque de France

French Central Bank Trials Digital Currency for Interbank Settlement

Tanzeel Akhtar

The pilot involved the settlement on a private blockchain of around €2 million.