Banking

Europe

Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

Global crypto exchange Huobi plans to roll out a fiat gateway in Turkey that could increase access to more than 250 cryptocurrencies for local investors.

Business  ·  18 October 2019
CBDC

Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

Business  ·  17 October 2019
Banking

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Business  ·  17 October 2019
Banking

Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion

Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions.

Business  ·  11 October 2019
Banking

Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions

Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia.

Business  ·  11 October 2019
Blockchain

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

The second-largest U.S. bank has begun hiring for blockchain positions.

Business  ·  11 October 2019
Ethereum

Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself

Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors, an exec said.

Business  ·  11 October 2019
Regulation

London Stock Exchange-Backed Nivaura Hires Senior HSBC Banker

LSE-backed Nivaura hired a senior HSBC banker to boost adoption of the London-based fintech's blockchain process for capital markets legal documents.

Policy & regulation  ·  9 October 2019
Lightning Network

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A

Lightning-focused bitcoin startup ACINQ added an interesting investor to its cap table: Bpifrance, a state-owned bank that just made its first crypto investment.

Business  ·  8 October 2019
China

Polychain and a Chinese Bank Are Betting Millions on This Token Sale

Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.

Business  ·  8 October 2019
Europe

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

Policy & regulation  ·  4 October 2019
Exchanges

Coinbase Reinstates UK Bank Deposits and Withdrawals

Coinbase UK is once more allowing GBP deposits and withdrawals after it partnered with ClearBank in August.

Markets  ·  4 October 2019
Banks

Singapore Exchange–Backed iSTOX Raises Series A for Tokenized Securities Trading

The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.

Business  ·  4 October 2019
Banking

American Banking Giants Sound Off Against Libra as Monetary Threat

Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

Markets  ·  3 October 2019
Banking

Financial Services Giant Morningstar to Offer Ratings for Crypto Assets

Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors.

Business  ·  2 October 2019