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Germany’s largest federal state bank partners with Bitpanda

Germany’s LBBW bank and crypto exchange Bitpanda have announced a partnership. The federal bank will use Bitpanda’s technology to develop its own custody solution for crypto. Landesbank Baden-Württemberg (LBBW), Germany’s…

Germany’s DZ Bank set to pilot crypto trading

DZ Bank, Germany’s 2nd largest, will pilot crypto trading for cooperative banks. The initiative aims to meet rising customer demand for direct access to cryptocurrencies. DZ Bank’s move reflects a…

HSBC and Hang Seng join Standard Chartered and Fubon Bank in China’s Digital Yuan Pilot

HSBC and Hang Seng Bank have officially joined China’s digital Yuan pilot. HSBC China customers can now utilize their debit cards to access personal digital Yuan wallet services. There have…

Austria’s Raiffeisen Bank to launch crypto trading in partnership with Bitpanda

Austria’s Raiffeisen Bank will launch crypto trading in 2024. Raiffeisen Bank International has $215B in assets and a customer base spanning the European Union and Eastern Europe. Bitpanda crypto exchange…

IMF MD asks for global preparation for central bank digital currencies (CBDCs)

IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and promoting financial inclusion. IMF introduces CBDC handbook and acknowledges BIS’s…

Swiss Bank SGKB partners with SEBA for Bitcoin and Ethereum services

St. Galler Kantonalbank teams up with SEBA Bank for Bitcoin and Ether services. Swiss clients can now trade Bitcoin and Ethereum, with the potential for more cryptocurrencies. Switzerland’s embrace of…

Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies

Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs. UDPN, with 25 participating…

Bank of Spain, Banco de España, embraces digital euro

Banco de España has backed the digital euro. The digital euro promises offline payments and privacy, akin to cash. European central banks, including the Bank of Finland, are supportive of…

Reserve Bank of Zimbabwe launches gold-backed digital token ZiG

RBZ has launched a gold-backed ZiG digital token to address currency instability and inflation. ZiG offers a stable and versatile investment option, gaining investor interest. Investors have purchased 350kg of…

Chase Bank customers can now pay mortgages using crypto through FCF Pay

Chase Bank customers can make cryptocurrency payments for credit card bills, loans, and mortgages. Accepted cryptocurrencies include Bitcoin, Ethereum, Shiba Inu, XRP, Dogecoin, Binance Coin, Tether, and USD Coin. Despite…