Banking

BlockFi

Crypto Asset Lending Startup BlockFi Raises $1.55 Million

BlockFi, a startup that offers U.S. dollar loans to crypto-asset owners, has raised $1.55 million in capital from investors.

Business  ·  15 February 2018
Ethereum

South Africa’s Central Bank Eyes JPMorgan Blockchain Tech

South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.

Policy & regulation  ·  14 February 2018
Banking

JPMorgan Report: Crypto Could One Day Help Diversify Portfolios

Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new report.

Business  ·  12 February 2018
Europe

ECB President: EU Banks Show ‘Limited Appetite’ for Cryptocurrencies

Mario Draghi, president of the European Central Bank, has said credit institutions in Europe are not as keen on cryptocurrencies as the public.

Policy & regulation  ·  7 February 2018
Exchanges

Coinbase Confirms 4 Banks Blocking Bitcoin Credit Card Purchases

Coinbase has confirmed that users from four banks in the U.S. are now barred from buying cryptocurrencies using credit cards.

Business  ·  6 February 2018
Banking

Lloyds Banking Group Blocks Bitcoin Purchases Using Credit Cards

The Lloyds ban applies to the group's 89 million credit card holders, including across subsidiaries such as Halifax, MBNA and Bank of Scotland.

Business  ·  5 February 2018
JP Morgan

Enterprise Blockchain May Be Ready for Its Breakout

This detailed analysis of enterprise blockchain reveals a number of reason why enterprise blockchain may be on the verge of its mainstream moment.

Business  ·  5 February 2018
Banking

Report: Bank of America, JP Morgan Ban Credit Crypto Purchases

Two of Wall Street's biggest banks are reportedly taking steps to bar customers from using credit cards to purchase cryptocurrencies.

Business  ·  2 February 2018
Bitcoin

‘Bitcoin Could Alter the World,’ Says Former US Senator

Former New Hampshire governor and three-term senator Judd Gregg has said he believes bitcoin could alter how the world views currency.

Policy & regulation  ·  30 January 2018
Bitcoin

Wall Street Vets Raise $50 Million for Crypto Fund of Funds

Sia Nader's Cryptolux, a cryptocurrency fund-of-funds, aims to take advantage of lessons he drew in the 2008 crash – including the value of humility.

Business  ·  26 January 2018
China

China’s Banking Regulator Pushes Blockchain Adoption for Credit Market

China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

Policy & regulation  ·  23 January 2018
Regulation

2018’s Challenge: Promote Responsible Blockchain Innovation

The chief innovation officer at the U.S. regulator for national banks details the agency's efforts to support fintech while still mitigating risk.

Policy & regulation  ·  19 January 2018
Exchanges

Report: South Korea Could Decide This Week on Crypto Exchange Regulation

South Korea will make a decision on Thursday over its stance on cryptocurrency exchange regulation, according to a report by Reuters.

Business  ·  18 January 2018
Bitcoin

End of Inflation? The Radical Vision of Futures-Backed Cryptocurrency

An expert at software giant SAP has a radical idea for how central banks can eliminate inflation with cryptocurrency assets.

Business  ·  15 January 2018
Exchanges

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.

Policy & regulation  ·  12 January 2018