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01
Nov, 2020

News of the Week (23-31 October)

1. Cambodia Launches Interbanking Platform in Blockchain

“Bakong” is the new platform for Cambodian banks for their interbanking transactions

 https://cointelegraph.com/news/cambodia-launches-inter-banking-platform-that-runs-on-blockchain

 

2. Largest Bank in Singapore Launches Crypto Trading at Its Products

DBS, the largest bank in Singapore, offers its clients the chance to invest in crypto products

https://cointelegraph.com/news/singapore-s-largest-commercial-bank-reportedly-launching-crypto-trading

 

3. Bank in India Offers Crypto Services

Multistate Credit Co. offers loans and deposits in cryptocurrencies in 34 stores in India

https://cointelegraph.com/news/indian-bank-to-offer-crypto-services-across-its-34-branches  

 

4. JP Morgan’s Stablecoin Launches for Commercial Use

After 1.5 year, JP Morgan releases its stablecoin for commercial use to create another revenue stream.

https://cointelegraph.com/news/jpmorgan-s-stablecoin-finally-sees-commercial-light-of-day

 

5. Marathon Buys 10,000 Ant Miners

Marathon became the largest mining company in the US, buying 10,000 new miners

https://news.bitcoin.com/marathon-buys-additional-10000-antminers-to-become-largest-us-bitcoin-miner/