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Major Asian bank issues credit on SCB-backed blockchain

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The Asian Development Bank (ADB), headquartered in the Philippines, has settled its first letter of credit (LC) transaction using the Standard Chartered-backed Contour blockchain...
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AABB – Asia Metals Inc. Pursues Development of Gold-Backed CryptoCurrency Coin

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LAS VEGAS, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today...

Chainlink Attacked, Crypto Adoption, You’re Going To Need BTC, SWIFT Cash & Bitcoin Backed...

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Ren and UMA launch a Bitcoin-backed yield dollar

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Trustless cross-chain bridge Ren and permissionless synthetic asset platform UMA have teamed up to launch a Bitcoin-backed yield dollar called uUSD, in addition to...

Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

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Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency. According to an Aug. 19 report by local news...