Banking

Banking

Chile’s State-Owned Bank Cutting Ties with Crypto Exchanges

Chile's public bank will terminate the accounts of three cryptocurrency exchange clients within 10 days, according to a local news report.

Business  ·  30 March 2018
Trading

Danske Bank Rules Out Crypto Trading But Won’t Block Credit Cards

The biggest bank in Denmark is banning cryptocurrencies from its trading platforms, but will still allow credit card purchases for general customers.

Business  ·  28 March 2018
Banking

Hyperledger Tech Heats Up Ahead of Software Debuts

2018 is shaping up to be a watershed year for enterprise-grade blockchain, with the upcoming launch of four Hyperledger solutions into version 1.0.

Policy & regulation  ·  28 March 2018
Banking

Bank of England to Test DLT Use in New Settlement System

The Bank of England has launched a proof of concept that will explore DLT-compatibility with its real time gross settlement service.

Business  ·  27 March 2018
Banking

Central Banks Say Blockchain Could Shake Up Securities Settlement

The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.

Business  ·  27 March 2018
Security

Chinese Government Institute Launches Blockchain for Authentication

A Chinese government-led research body has rolled out a blockchain-as-a-service platform for identity and supply-chain tracking.

Policy & regulation  ·  26 March 2018
Banking

9 Malaysian Banks Team Up for Trade Finance Blockchain Apps

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country's central bank.

Business  ·  23 March 2018
Exchanges

Korean Regulators to Probe Bank AML Measures for Crypto Exchanges

Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.

Policy & regulation  ·  22 March 2018
Regulation

South Korean Financial Watchdog Touts Blockchain in Fintech Plans

South Korea's Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.

Policy & regulation  ·  21 March 2018
Banking

Canada’s VersaBank Lands Two Prospects to Use Its Crypto Vault

Canada's VersaBank has signed memorandums of understanding with a crypto exchange and a crypto fund that may use its custodial service.

Business  ·  20 March 2018
Thailand

14 Thai Banks Back Blockchain Platform to Digitize Contracts

Fourteen Thai banks will cooperate in the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain.

Business  ·  19 March 2018
Bitcoin

UK Government Announces New Cryptocurrency Research Effort

The U.K. government will launch new research aimed to explore the potential risks posed by cryptocurrencies, a minister has said.

Policy & regulation  ·  19 March 2018
Banking

Why Banks Are Finally Talking Crypto In Filings

Before crowing, crypto fans should remember companies err on the side of caution when deciding what's material enough to include under "risk factors."

Business  ·  18 March 2018
Banking

Royal Bank of Canada Explores Blockchain to Automate Credit Scores

A patent application by the Royal Bank of Canada outlines ways of using a blockchain-based system to make the credit rating process more transparent.

Business  ·  16 March 2018
Banking

Europe’s Central Bank Touts Crypto As Underbanked Aid

A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.

Policy & regulation  ·  14 March 2018