Browsing the "Banking" Tag

Brazilian Bank Aims to Raise $15 Million Through Security Token Offering

| Daniel Palmer

Brazilian investment bank BTG Pactual is planning to raise millions of dollars through the offering of a security token tied to property assets.

Wyoming Lawmakers Pass Three Bills in Boost for State’s Crypto Industry

| Yogita Khatri and Christine Kim

The U.S. state of Wyoming has passed several bills aimed to make the state a top destination for cryptocurrency and blockchain businesses.

HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%

| Daniel Palmer

An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.

JPMorgan Has Its Own Crypto and It’s Starting Real-World Trials

| Daniel Palmer

JPMorgan has built a crypto token and it's moving to real-world trials in "a few months," according to a CNBC report.

Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

| Yogita Khatri

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

| Yogita Khatri

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

Cryptos Would Only Have Value in ‘Dystopian’ Economy: JPMorgan

| Yogita Khatri

JPMorgan Chase has said that cryptocurrencies would only have value when confidence in traditional assets had been lost.

ING Bank, R3 Ink Deal for ‘Unlimited’ Corda Blockchain Deployment

| Yogita Khatri

Dutch banking group ING has inked a five-year licensing deal with blockchain consortium startup R3 to use its Corda Enterprise platform.

Wyoming Bill Would Clear the Way for Crypto Custody at Banks

| Nikhilesh De

Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.

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The Coming Bifurcation of Bitcoin

| Angus Champion de Crespigny

Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem.