Swiss companies InCore Bank AG and inacta AG are joining forces to offer traditional banks the entire crypto-asset value chain. Together, InCore Bank AG and inacta AG want to make digital assets constitute an important role in the future of the financial system. Founded in 2007, inCore is a business-to-business transaction bank that offers banks, […]
The Australian central bank (Australian Reserve Bank, ARB) is currently investigating the possibility of a Digital Central Bank Currency (CBDC). The Bank has revealed that it wishes to simulate the use of a CBDC in a wholesale payment system. Many central banks are currently looking at digital currencies, mainly as a result of Facebook’s plans […]
The U.S. Treasury Department, which is responsible for the administration of government revenue, is testing blockchain technology to track federal grant payments. The pepartment intends to use a proof-of-concept program that will serve as a blockchain-based letter of credit for grant recipients, according to Craig Fischer said. Fischer is the head of the innovation program at the Treasury department and announced this at a conference, according to Federal […]
(Image: arborelza, istock) For the past three months China has been caught in a crypto-storm, with those operating within the crypto-industry struggling to keep their heads above the water in a sea of uncertainty. Last week, the notion of ‘blockchain not bitcoin’ resurfaced as the financial regulator in the city of Weihai warned investors to differentiate between […]
