Banking

bank of america

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

| Nathan DiCamillo

Bank of America is seeking to patent security tech for digital currency wallets that gives different users different levels of access to stored funds.

Silvergate CEO, Alan Lane

Silvergate Bank Eyes Crypto-Backed Loans for Institutions

| Anna Baydakova

Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender.

R3’s Marco Polo Trade Blockchain Takes Another Step Toward Production

| Ian Allison

The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.

Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost

| Daniel Palmer

One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.

Barclays Is No Longer Banking Coinbase

| Ian Allison

Barclays is no longer banking Coinbase, resulting in delayed fiat withdrawals and deposits for the crypto exchange's U.K. users.

60 Latin American Banks Can Now Use Bitcoin for Cross-Border Payments

| Christine Kim

Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.

Goldman Sachs Analysts’ Slide Suggests Now’s a Good Time to Buy Bitcoin

| Daniel Palmer and Nathan DiCamillo

Market intel from Goldman Sachs suggests investors should capitalize on the current price dip and buy bitcoin.

This Bank Gave Bitcoin to Its Entire Staff. Now It’s Taking Crypto Clients

| Nathan DiCamillo

Quontic, a small bank in New York, has started working with crypto firms, joining the very short list of institutions to embrace the sector.

ethereum, token

Investors Can Now Trade Ether and British Pounds on the Same Blockchain

| Ian Allison

LAB577, a team of ex-Royal Bank of Scotland engineers, has built a system for settling crypto and fiat trades on R3's Corda Network.

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox

| William Foxley

Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations