Banking

Exchanges

Crypto Exchange Bits of Gold Wins Supreme Court Battle Over Bank Block

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services.

Policy & regulation  ·  4 June 2019
Banking

SBI Plans Launch of In-Store Payments With Ripple-Powered ‘Money Tap’ App

SBI Ripple Asia is live testing in-store payments using its Ripple xCurrent-powered Money Tap app before a full launch "this year."

Business  ·  31 May 2019
Banking

A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle’s SeedInvest

Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform.

Markets  ·  31 May 2019
Exchanges

U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking

Coinfloor will collect a fee for referring reputable crypto startups to electronic money institution Enumis for bank-like current accounts.

Business  ·  29 May 2019
Banking

IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm

Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company.

Business  ·  28 May 2019
Loans

South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance

Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products. 

Policy & regulation  ·  28 May 2019
Banking

JPMorgan Adds Privacy Features to Ethereum-Based Quorum Blockchain

JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction.

Business  ·  28 May 2019
Security

Ethereum Investment Vehicle Approved for Small Investors

FINRA has approved Grayscale Investments' ethereum trust shares for sale to mom-and-pop investors.

Policy & regulation  ·  23 May 2019
Banking

State Street’s Blockchain Lead Departs to Build Data Privacy Startup

Moiz Kohari, State Street's global chief technology architect, has left to build a new data privacy startup.

Business  ·  23 May 2019
Wallets

ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan

As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.

Business  ·  20 May 2019
Exchanges

Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges

Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

Policy & regulation  ·  20 May 2019
Japan

My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More

The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger.

Policy & regulation  ·  19 May 2019
Banking

Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

Business  ·  17 May 2019
Banking

World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction

The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.

Business  ·  16 May 2019
Investments

Emberfund Turns Your Phone Into a Crypto Hedge Fund

Emberfund is a new mobile app that lets anyone buy into an index of cryptocurrencies that automatically balances itself over time.

Business  ·  14 May 2019