Saturday, November 28, 2020
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Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

The deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over how centralized the digital currency system, currently under consideration, might be

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Chinese banking giant withdraws $3B blockchain bond from listing

China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay.Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request.According to Reuters on Nov. 23, CCB’s branch in Labuan informed Fusang Exchange

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Blockchain Bites: Bitcoin’s Run, Uniswap’s Hemorrhaging Value, Anchorage’s Banking Bid

Bitcoin is nearing all-time highs in price and market cap last set three years ago. Anchorage has applied with the OCC for a national bank charter. Community members have proposed a vote to reinstate Unsiwap’s liquidity mining program.Top shelf15% belowBitcoin traded above $17,000 Tuesday at 12:00 UTC for the first

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Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy

Cred is the first U.S. crypto lender to file for bankruptcy in the country. Ripple is opening regional headquarters in the Middle East. President-elect Joe Biden’s incoming administration appears to be courting at least two pro-crypto political actors for cabinet positions.Top shelfBankruptcy filingCrypto lender Cred filed for bankruptcy protection this

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