Tether Bank Statements ‘Suggest’ Company Has Full Fiat Reserves: Bloomberg
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Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of t..
Tag: Banks
Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks
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The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blo..
German State Bank KfW Tests Blockchain App for Public Finance Management in Burkina Faso
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Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockc..
Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep
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A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains ..
Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain
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Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million..
China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices
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Shenzhen, a major city in the Guangdong Province and the first economic special zone in China,..
UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions
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The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary ..
Galaxy Digital and Block.One Lead $30 Million Funding Round for US Disruptor Bank
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Cryptocurrency-focused merchant bank Galaxy Digital and Block.One have led a $30 million Serie..
South Korea’s Second Largest Bank Begins Blockchain Record-Keeping to Reduce Human Error
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South Korea’s second-largest commercial bank, Shinhan Bank, has embarked on a project to imple..
Huobi Opens First Russian Office in Partnership with State Bank’s Digital Tech Center
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Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russ..
