Tuesday, February 27, 2024
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BIS Innovation Hub presents its ‘private CBDC’ project

The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project Tourbillon. The prototypes built in the project’s framework could allow payment anonymity for CBDC transactions.The 46-page report, published on Nov. 29, explores the concepts of privacy, security

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Singapore central bank chief sees no place for private crypto in the monetary scene

Ravi Menon says the country is instead clearing a path for CBDCs and regulated stablecoins. There will not be a place for private cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in the monetary scene as many of them fail the “fundamental tests of financial services,” Monetary Authority of Singapore’s managing

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Santander Private Banking International diversifies into crypto trading for high net worth clients

Santander Private Banking International, a division of Banco Santander, is now offering its wealthy clients the opportunity to trade and invest in prominent cryptocurrencies like Bitcoin and Ether, marking a significant shift in the bank’s approach to digital asset management. Santander Private Banking International, an arm of Banco Santander, is now

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private accounts, tokenization, and healthcare infrastructure grab investors’ attention

Blockchain-based startups continue to gather funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October. However, the overall funding in the crypto industry has dropped to levels last seen in 2020, amassing $2.1 billion over 297 deals in the third quarter of 2023, as reported

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Ledger hardware wallet rolls out cloud-based private key recovery tool

Hardware wallet firm Ledger is rolling out its cloud-based private key recovery solution despite facing significant criticism from the crypto community.Ledger Recover, an ID-based private key recovery service for the Ledger hardware wallet, is launching on Oct. 24, the firm officially announced on X (formerly Twitter). The release comes in

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