Banking

Regulation

BBVA Can’t Hold Cryptocurrency – And That’s a Problem

The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.

Policy & regulation  ·  31 July 2018
China

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. 

Policy & regulation  ·  31 July 2018
Banking

Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week

Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.

Business  ·  30 July 2018
Banking

IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks

Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.

Business  ·  30 July 2018
Exchanges

There’s a Bigger Scam Than Anything in Crypto, It’s Called KYC/AML

Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?

Business  ·  27 July 2018
Brazil

BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

Business  ·  26 July 2018
China

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

Business  ·  20 July 2018
Banking

Barclays Seeks Twin Blockchain Patents for Banking Services

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

Business  ·  19 July 2018
Banks

GMO’s New Internet Bank Will Settle Payments With Blockchain

Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.

Business  ·  17 July 2018
Exchanges

Why Litecoin’s Creator Is Buying Into a Bank (And How It Could Go Wrong)

If all goes according to plan, TokenPay and Charlie Lee's Litecoin Foundation will transform a tiny German bank into crypto's smoothest on-ramp.

Business  ·  13 July 2018
Exchanges

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta.

Business  ·  12 July 2018
Banking

100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody

Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.  

Business  ·  12 July 2018
Cryptocurrency

Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds

The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.

Policy & regulation  ·  12 July 2018
Litecoin

Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership

Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.

Business  ·  11 July 2018
Banking

R3 Launches Corda Enterprise With First-Ever ‘Blockchain Firewall’

Not a traditional firewall, the term denotes how Corda is able to limit communication between blockchain nodes operating in different environments.

Business  ·  10 July 2018