SEBA Bank successfully completes Series B Fundraising
Zug-based “crypto bank” SEBA has announced the completion of its Series B funding round and plans to expand its digital asset services both in its home market and internationally. The…
The world’s first bank to issue its shares on a distributed ledger
Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future…
UBS CEO Ralph Hamers sees great potential in tokenization & digital assets
Ralph Hamers, the new CEO of UBS Group AG, spoke out in favor of digital assets and tokenization at the Singapore Fintech Festival (SFF). He sees “virtually unlimited potential” in…
ECB thinks that private stablecoins pose a greater risk than Bitcoin
Christine Lagarde has identified privately-issued stablecoins as representing a greater risk to financial stability and the monetary sovereignty of the EU than cryptocurrencies like bitcoin. She has commented on the…
The world’s second largest bank launches tokenized bonds
China Construction Bank (CCB) is the first Chinese financial institution to issue blockchain-based security. Through tokenization, the major bank wants to make investments in bonds more accessible to private investors.
Mastercard accelerates crypto card partner program
The credit card company Mastercard announced this week that it intends to expand its offer for crypto-currencies together with the company Wirex. The aim is to make it easier for…
JPMorgan Chase provides banking services for US crypto exchanges
The step of the major US bank JPMorgan Chase to accept two well-known crypto exchanges as customers with immediate effect could be followed by other institutions. It proves that the…
Money: How its past predicts its future
The history of money goes way back. Over time the nature of money has changed radically. In the meantime a distinction must be made between currency and money in the…
Dutch central bank wants to take a leading role in European CBDC development
Digital currencies issued by central banks will be a hot topic in 2020. Meanwhile, many central banks have already discussed the advantages and disadvantages of CBDC's, and some nations are…
Bank of Korea starts pilot program for digital currency
The Central Bank of South Korea appears to be launching a pilot program to test the digital won. The program is scheduled to run until December 2021 to test technical…