Banks

Japan

Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App

Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is pulling out of the project.

Business  ·  12 April 2019
Europe

A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies

The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.

Business  ·  2 April 2019
Exchanges

A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

Business  ·  2 April 2019
Security

Swissquote Bank Launching ‘Nuke Proof’ Crypto Custody

Online banking group Swissquote is launching a custody service that will see crypto keys stored in an ex-military bunker.

Policy & regulation  ·  8 March 2019
China

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.

Markets  ·  4 January 2019
Europe

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Policy & regulation  ·  14 December 2018
Europe

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Business  ·  6 December 2018
Security

Banking Giant State Street Is Waiting on Client Demand for Crypto Custody

State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

Policy & regulation  ·  2 December 2018
Coinbase

How Silvergate Became the Leading Bank for Crypto Startups

Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

Markets  ·  1 December 2018
Banks

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Business  ·  28 November 2018
Japan

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Business  ·  29 October 2018
Banks

Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.

Business  ·  1 October 2018
Trading

Goldman Sachs Said to Have Sidelined Plans for Crypto Trading Desk

Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least.

Business  ·  5 September 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
Litecoin

What Crypto Really Thinks About Litecoin’s Banking Ambitions

A much-talked-about deal between a cryptocurrency non-profit and a bank saw cheers and jeers this week, and all sorts of reactions in between.

Tech  ·  15 July 2018