Browsing the "Banking" Tag

Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

| Daniel Palmer

Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.

Korea’s Biggest Bank Is Preparing to Custody Digital Assets

| Daniel Palmer

KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.

Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies

| Daniel Kuhn

India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.

Crypto Exchange Bits Of Gold Wins Supreme Court Battle Over Bank Block

| Benedict Alibasa

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services.

A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle’s SeedInvest

| Anna Baydakova

Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform.

Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System

| Yogita Khatri

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses

| Noelle Acheson

The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle…

Over 50 Banks, Firms Trial Trade Finance App Built With R3’s Corda Blockchain

| Yogita Khatri

ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.

A Glimpse of Banking’s Future, Live on the Ethereum Blockchain

| Michael J Casey

Last week, Frenching bank Societe Generale revealed that it has issued a security token-like bond on ethereum. But rather than using a private…

Banks Can’t Snub Crypto Startups Thanks to France’s New Blockchain Law

| Ian Allison

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.