bank

German Neobank Offers Bitcoin Accounts 4.3 Percent of Interest

Thanks to a new collaboration with the cryptocurrency lending platform Celsius Network. All 80,000 users of German neobank Bitwala will now purchase, keep, and receive interest on Bitcoin ( BTC) in their bank accounts. Bitwala is the first classic fiat bank to pay interest for keeping Bitcoin in an account. With three other decentralized finance […]

Big Chinese Bank Unveils the First Blockchain White Paper for the Banking Sector

Big Chinese Bank Unveils the First Blockchain White Paper for the Banking Sector

The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the banking sector. The paper analyzes the current financial sector pain points. And compares Chinese trends in the development of blockchain to those […]

central bank of china

Central Bank of China to Test Digital Currency in Shenzhen and Suzhou

The central bank of China is on schedule to test its national digital currency. The test will soon begin in the cities of Shenzhen and Suzhou. Reports also come that four state-owned commercial banks collaborate with three telecom giants in China. Why? Because the collaboration aims to find the best implementation strategies of digital currency. […]