Banking

Investments

Nasdaq Leads $20 Million Funding Round for Blockchain Startup Symbiont

Enterprise blockchain startup Symbiont has closed a $20 million Series-B funding round led by Nasdaq Ventures.

Business  ·  23 January 2019
Banking

ING Bank, R3 Ink Deal for ‘Unlimited’ Corda Blockchain Deployment

Dutch banking group ING has inked a five-year licensing deal with blockchain consortium startup R3 to use its Corda Enterprise platform.

Business  ·  22 January 2019
Regulation

Wyoming Bill Would Clear the Way for Crypto Custody at Banks

Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.

Policy & regulation  ·  21 January 2019
Ethereum

Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other

U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.

Business  ·  17 January 2019
Banking

The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade

Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.

Business  ·  10 January 2019
Banking

Pakistani Bank Teams With Alipay for Blockchain Remittances

Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.

Business  ·  9 January 2019
Bitcoin

The Coming Bifurcation of Bitcoin

Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem.

Markets  ·  7 January 2019
Regulation

Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws.

Policy & regulation  ·  4 January 2019
Banking

Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?

CoinDesk profiles Fidelity's Tom Jessop, who is leading the firm's effort to link the worlds of digital assets and Wall Street.

Business  ·  31 December 2018
Banking

2019: The Year Blockchain Begins Finance’s Great Unbundling

There will be opportunities for smart blockchain companies that can find their niche in the coming unbundling, says Ripple's Asheesh Birla.

Business  ·  27 December 2018
Tether

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Business  ·  18 December 2018
Brazil

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin

The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.

Business  ·  17 December 2018
Europe

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Policy & regulation  ·  14 December 2018
Banking

Payments Startup Bitwala Now Offers Crypto Banking in Germany

Germany-based payments startup Bitwala is now offering crypto banking services in the country.

Business  ·  12 December 2018
Bitcoin

Not Everyone Wants a Bitcoin ETF

Despite the hype, some experts believe a bitcoin ETF wouldn't have much long-term impact on the broader market.

Policy & regulation  ·  11 December 2018