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US Banks and may use stablecoins for payment activities
The Office of the Comptroller of the Currency (OCC) has published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and... more
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JPMorgan Chase goes live with its digital currency JPM Coin
On the heels of PayPal announcing it will enter the crypto sector, JPMorgan Chase announced that its digital currency offering, JPM Coin, is finally ready for deployment. The token .... more
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European Union sets 2024 as target date for digital currency asset laws
The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... more
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Hackers steal millions in cryptocurrency – How do they turn it into real cash?
For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. In the last decade, criminals have increasingly turned to cybercrime – using hackers to conduct... more
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BIS Report: Rise of the central bank digital currencies (CBDC)
Central bank digital currencies (CBDC) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. A new... more
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