Chinese conglomerate Wanxiang Group has announced it intends to invest $50m in blockchain technology to improve its product lines.
Thirteen additional major investment banks including Citi, HSBC and Bank of America Chase have partnered with distributed ledger startup R3CEV.
A bitcoin business in Australia is eyeing banking opportunities abroad following a perceived crackdown from banks in the country.
The USPTO has published a patent filed by Bank of America that seeks to protect a system for wire transfers using cryptocurrency.
Two ideas aiming to disrupt IPOs and flight insurance came top at 'Hack The Block' this Sunday, bringing London FinTech Week to a close.
With bitcoin, banks are now embracing what many already feel to be "inevitable", according to TechStars managing director Jenny Fielding.
JPMorgan CEO Jamie Dimon issued new remarks on bitcoin and the blockchain as part of today's Barclays Global Financial Services Conference.
BAFT, a global financial services association, is set to drive bitcoin and blockchain awareness with the launch of a new FinTech scheme.
Société Générale's group legal director has called out for the establishment of an international bitcoin regulatory framework.
A number of the world's largest investment banks are teaming up to develop standards for blockchain technology.