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Central Bank of Bahrain Collaborates With JPMorgan and Bank ABC

The Central Bank of Bahrain collaborates with JPMorgan and Bank ABC. To introduce a cross-border payment solution on digital currency immediately. The new partnership includes the company’s digital currency-based division Onyx. On May 11, 2021, the Central Bank of Bahrain announced officially that it collaborates with JPMorgan and Bank ABC,

May 13, 2021 2 mins read

Chinese Postal Savings Bank Tests a Hardware Wallet for Digital Yuan

-Chinese Postal Savings Bank has created a biometric hardware wallet for digital yuan payments.-Moreover, the biometric hardware wallet enables easy identity verification for users.-Recently, the Xiong’an branch of the Chinese Agricultural Bank also developed a hardware wallet for the digital yuan. The Postal Savings Bank of China has created a

February 17, 2021 2 mins read

Spain’s Second-Largest Bank BBVA Preparing to Launch Crypto Services

BBVA is planning to enter the cryptocurrency space. Due to the strict regulations BBVA may face a hard time completing the project. Moreover, BBVA partners with Metaco for a comprehensive management system.  BBVA, the second biggest bank in Spain is planning to enter the cryptocurrency space. The initial step of

December 8, 2020 2 mins read

Stablecoin Market Gains $100M Per Day, USDT Surpasses XRP

Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily

September 5, 2020 2 mins read