Banking

China

‘Big Four’ Chinese Bank to Launch Blockchain Bancassurance Product

One of China's "Big Four" banks is close to launching a blockchain application for the insurance and banking sectors.

Policy & regulation  ·  26 September 2017
Forex

Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative

Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.

Business  ·  25 September 2017
Banking

Dimon Knocks Bitcoin Again: Crackdown Likely on ‘Worthless’ Cryptocurrency

Jamie Dimon, CEO of JPMorgan Chase bank, has expanded on his recent criticism of bitcoin, warning "it will end badly" for the tech.

Business  ·  22 September 2017
Japan

MUFG on Dimon Remarks: Bank Cryptocurrencies Have ‘Nothing to Do With Bitcoin’

The CEO of Japanese finance group MUFG said today that big bank-issued digital currencies aren't quite the same as bitcoin.

Business  ·  18 September 2017
Japan

Fujitsu to Trial Blockchain Tech with New Banking Partners

Fujitsu is joining up with a Japanese banking association in a bid to help member banks build and test real-world blockchain solutions.

Business  ·  15 September 2017
India

Indian Central Bank Studies ‘Fiat Cryptocurrency’ for Digital Rupee

The executive director of the Reserve Bank of India has confirmed that research into a "digital rupee" is still ongoing.  

Business  ·  13 September 2017
Banking

Corda 1.0: R3 Sets Target Date for Production Distributed Ledger Tech

Fresh off a member meeting, distributed ledger consortium R3 is gearing up to cross a major technology milestone by the year's end.

Business  ·  13 September 2017
Japan

SBI Ripple Asia to Test Blockchain Bank Transfers Between Japan and South Korea

SBI Ripple Asia will reportedly start testing its blockchain-based funds-transfer system between Japanese and South Korean banks by the end of 2017.

Business  ·  12 September 2017
Banking

Euroclear Alternative Seeks Public Listing for Blockchain Securities

Solidum aims to become a listing member of The International Stock Exchange so it can offer blockchain-based securities notes to more investors.

Business  ·  12 September 2017
Bitcoin

‘Revolutionary’: Finland Central Bank Paper Heaps Praise on Bitcoin

Researchers at Finland's central bank have dubbed bitcoin's economic system "revolutionary" in a new staff paper.

Policy & regulation  ·  11 September 2017
Banking

Israel’s Largest Bank Begins Blockchain Trial With Microsoft

Israel's largest bank is working with software giant Microsoft to develop a blockchain-based platform for creating digital bank guarantees.

Business  ·  7 September 2017
Banking

DLT Not Ready to Replace Settlement Systems, ECB and BoJ Say

The Bank of Japan and the ECB have said that blockchain technology is too "immature" to replace their real-time settlement systems.

Policy & regulation  ·  6 September 2017
Banking

Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash

Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.

Policy & regulation  ·  6 September 2017
Regulation

Brazil’s Central Bank Considers Blockchain Settlement Prototype

Brazil's central bank is seeking to investigate possible use cases for blockchain tech and is now moving toward prototyping.

Policy & regulation  ·  5 September 2017
Europe

Ideation to Realization: How Dutch Banks Are Harnessing Blockchain

How financial firms in the Netherlands are approaching blockchain, and how trends in the technology are shaping their work and progress.

Business  ·  4 September 2017