Digital Yuan ready for use as of 2022
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could be the first test for…
UBS wants to offer cryptocurrencies to clients
Over the past year, some banks have expanded their services to cryptocurrencies due to strong demand. Especially in the US, this trend is picking up. Now UBS also wants to…
JPMorgan and DBS digitize Payments using Blockchain Technology
The US investment bank JPMorgan, Singapore’s largest bank (DBS) and the state-owned investment firm Temasek have jointly launched a new blockchain company focused on global payments and cross-border transactions between…
Diem replaces Libra as Facebook stablecoin
Not much is left of the ambitious plans that Facebook presented to the public as Libra in the summer of 2019. The global corporation did not manage to dispel the…
Millennials Prefer Digital Currencies
In the coming decades, the so-called "Millennials" are set to become the most prosperous generation in history. For banks, this could be a cause for concern, as younger generations prefer to shift to unconventional…