Banking

ConsenSys

At Ethereal Summit, A Human Face On A Blockchain Future

At ConsenSys' Ethereal Summit, the focus was on reaching those people that aren't already a part of the blockchain space.

Business  ·  12 May 2018
Banking

Bank of Canada’s DLT Trial Shows Instant Securities Settlement Possible

The latest "Project Jasper" tests have shown that distributed ledgers are effective at automating securities settlements in real-time.

Business  ·  11 May 2018
Ethereum

JP Morgan’s New DLT Lead: We’re Not Done With Blockchain Innovation

Christine Moy, Amber Baldet's successor at JPMorgan, shares her thoughts on the future of enterprise DLT and the role of public blockchain networks.

Business  ·  10 May 2018
Banking

Venezuelan President Launches Cryptocurrency-Funded Youth Bank

Venezuela is reportedly launching a youth bank to be funded by the state's controversial cryptocurrency, the petro.

Business  ·  4 May 2018
China

12 Chinese Banks Say They Deployed Blockchain in 2017

Nearly half of the 26 publicly listed banks in China said they deployed blockchain applications in 2017.

Business  ·  4 May 2018
Banking

JPMorgan Seeks Patent for Blockchain-Powered Interbank Payments

A patent application by JPMorgan Chase suggests putting financial transaction information on a distributed ledger.

Business  ·  3 May 2018
BitGo

Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform

A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.

Business  ·  30 April 2018
Banking

How Blockchain Trade Finance Is Breaking Proof-of-Concept Gridlock

After years of tests and concepts, enterprise blockchain may be having a breakthrough moment, with several notable trials in trade finance advancing.

Business  ·  30 April 2018
Enterprise Blockchain

Banking Giant ING Is Quietly Becoming a Serious Blockchain Innovator

Dutch bank ING, which made a splash last year with a modification to zero-knowledge proofs, is adding another innovative wrinkle to privacy in DLT.

Business  ·  30 April 2018
Banking

Bank of America Is Closing My Three-Year-Old’s Account Over Crypto

My daughter is 3 years old. Bank of America is closing her account because of her “risk profile” and a highly indirect “connection” to cryptocurrency.

Business  ·  28 April 2018
Exchanges

Court Forces Chile’s Banks to Reopen Crypto Exchange Accounts

A Chilean court has ordered banks to reopen the accounts of crypto exchanges after the institutions announced their plans to close them in March.

Policy & regulation  ·  27 April 2018
Trading

Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.

Business  ·  26 April 2018
Ethereum

BBVA Issues $91 Million Loan Using Two Blockchains

Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.

Business  ·  26 April 2018
Derivatives

Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives

U.K.-based bank Barclays is pushing hard for a data standard for derivatives, as a foundation for that market to adopt distributed ledger technology.

Business  ·  26 April 2018
Trading

1 in 5 Financial Institutions Exploring Crypto Trading, Survey Finds

A survey conducted by Thomson Reuters found that around 20 percent of its financial services clients are mulling trading cryptocurrencies in 2018.

Business  ·  24 April 2018