Banks

Exchanges

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta.

Business  ·  12 July 2018
Litecoin

Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership

Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.

Business  ·  11 July 2018
Banks

Banks Conduct Cross-Border Trades on IBM-Powered Blockchain

We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.

Business  ·  3 July 2018
Europe

UK’s Financial Watchdog Issues Letter to Banks on Crypto Risks

The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."

Policy & regulation  ·  11 June 2018
Crime

Hackers Demand $1 Million in XRP After Bank Data Theft

Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.

Policy & regulation  ·  30 May 2018
Exchanges

Korea to Inspect 3 Banks Over Crypto Exchange Connections

Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.

Policy & regulation  ·  9 April 2018
Banks

Bank of Montreal Expands Crypto Purchase Ban

Canada's Bank of Montreal will prohibit customers from purchasing cryptocurrencies using Interac debit cards, on top of an existing Mastercard ban.

Business  ·  4 April 2018
Japan

Japanese Banks to Harness Ripple DLT for Consumer Payments App

A group of Japanese banks is planning to use Ripple's blockchain-based payments technology in a smartphone app aimed at general consumers.

Business  ·  7 March 2018
Banks

US Regional Banks Begin to Cite Crypto as Business Risk

It's not just America's biggest banks that are worried about cryptocurrency adoption, public filings show.

Business  ·  1 March 2018
Investments

Digital Currency Group Invests in Bitcoin-Friendly Silvergate Bank

Cryptocurrency VC firm Digital Currency Group has confirmed an investment in bitcoin startup-friendly Silvergate Bank.

Business  ·  27 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
Banks

Swift’s Cross-Border Blockchain Trial Is Moving Into Its Next Phase

Swift has completed development work on its first blockchain proof-of-concept, and six global banks are about to put it through its paces.

Business  ·  21 August 2017
Banks

Bank of America Has Filed for Over 20 Blockchain Patents Already

Bank of America is emerging as one of the most active banks when it comes to filing patents over claimed innovations in blockchain and cryptocurrency.

Policy & regulation  ·  11 August 2017
Banks

Crédit Agricole Subsidiary Joins Blockchain Post-Trade Pilot

The asset servicer for Crédit Agricole has joined an ongoing blockchain pilot focused on post-trade services for small businesses.

Business  ·  5 May 2017
Banks

IBM: Banks Expect Commercial Blockchains By 2017

Some of the world's banks and financial markets are bullish on blockchain products, new survey data shows.

Business  ·  28 September 2016