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BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State

12.12.2019
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state

Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets

12.12.2019
Digital asset custody firm Trustology has cut seven of its 18 staffers as the big banks it courted are taking longer than expected to jump into crypto

ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins

12.12.2019
Christine Lagarde says financial institutions should foresee the demand for stablecoins

IBMR and Blockchain Firm Algorand Launch Microfinance Platform

12.12.2019
IBMR and Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia

15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare

12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...

Reuters: Dutch Bank ING Working on Digital Asset Custody Technology

12.12.2019
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business

Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries

12.12.2019
Swiss crypto bank SEBA has rolled out its services to clients across Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal

China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan

12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...

German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets

12.12.2019
Solaris Digital Assets GmbH will provide the full range of solarisBank’s digital white-label banking services

Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges

11.12.2019
SBI Group-backed crypto compliance firm Elliptic launches a new tool that will allow banks to work more closely with crypto exchanges

China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division

11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative

Central Bank 'Parental Controls' Obsolete for Crypto: Bank of Lithuania

11.12.2019
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control

World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report

11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform

CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto

11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...

Santander Redeems $20M Bond Using Ethereum Blockchain

10.12.2019
Spanish banking giant Santander has just redeemed a $20 million bond that was issued in September via the Ethereum blockchain

80 Japanese Banks Eye JPMorgan’s Blockchain

10.12.2019
Source: JPMorgan, Instagram More than 80 Japanese banks have declared interest in joining JPMorgan Chase’s blockchain-based payment information network, the Interbank Information Network (IIN), making the country’s banking sector possibly the largest national player in the system powered by Quorum...