Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency.The Central Bank of Bahrain (CBB) has successfully completed a digital payment test in collaboration with JPMorgan’s blockchain and cryptocurrency unit Onyx, according to an official announcement … [Read more...] about Central bank of Bahrain trials JPMorgan blockchain and token
Trials
China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
China and Hong Kong are in the second phase of testing cross-border transactions using central bank digital currencies (CBDCs), Mu Changchun, director of the Digital Currency Institute of the People’s Bank of China, said Thursday, according to Shanghai Securities News. Source link … [Read more...] about China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
Tether trials Notabene’s new travel rule technology to combat financial crimes
Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance.Tether will begin testing Notabene’s cross-border transaction monitoring system for virtual asset service providers (VASP) to combat financial crimes such as money laundering.Notabene is a new technology … [Read more...] about Tether trials Notabene’s new travel rule technology to combat financial crimes