Banking

India’s National Payments Corporation Wants to Build a Blockchain Solution

| Yogita Khatri

The bank consortium-owned organization supported by the central bank is seeking bids for the creation of a blockchain solution for digital payments.

decryption, enigma

ING Bank Is Bringing Bitcoin ‘Bulletproofs’ to Private Blockchains

| Ian Allison

ING’s blockchain team is testing privacy tech called "bulletproofs," the latest in a series of such experiments at the global bank.

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

| Yogita Khatri

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

Societe Generale-Owned Bank Launches Blockchain Exchange Note

| Yogita Khatri

Kleinwort Hambros, a Societe Generale-owned bank and wealth manager, has launched a Luxembourg-listed blockchain exchange-traded note.

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

| Leigh Cuen

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

A New Bank for Crypto Traders Has Opened in Puerto Rico

| Anna Baydakova

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

New iPhone-Controlled Crypto Vault Promises ‘Bank-Grade’ Security

| Ian Allison

ConsenSys-backed Trustology has launched an iPhone-controlled crypto vault service it says is secure enough for financial institutions.

TrueUSD Stablecoin Holders Can Get ‘Up to 8%’ Interest Via CredEarn

| Nikhilesh De

Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.

Central Banks See ‘No Value’ in Issuing Digital Currency: BIS Chief

| Yogita Khatri

BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."

R3 Co-Founder Jesse Edwards Is Leaving the Enterprise Blockchain Firm

| Ian Allison

Co-founder Jesse Edwards is leaving R3, but will remain an investor and continue working with the blockchain firm.