Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

A new partnership for cross-border payments and remittances will use the National Bank of Cambodia’s blockchain-based payment system. Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border payments and remittances. On Oct. 16, Malaysian business news outlet The Edge Markets reported that the largest […]

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Dollar Deposits On Binance.US Now Have FDIC Insurance Coverage

Binance.US announced that its customer’s dollar deposits are now eligible for FDIC insurance coverage. Binance.US — the United States-focused wing of major cryptocurrency exchange Binance — announced that its customer’s dollar deposits are eligible for Federal Deposit Insurance Corporation (FDIC) insurance coverage. FDIC insures deposits up to $250,000 In a blog post on Oct. 18, […]

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Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial

Raiffeisen Bank participates in the first successful global tokenized collateral trial. Twenty-eight organizations including Raiffeisen and 17 other banks have participated in the successful completion of the Ivno Global Tokenized Collateral Trial. This is the first global token trial on the R3 Corda platform, hosted on Microsoft Azure, as reported on Oct. 17. Efficiencies in […]

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