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UK-Based Global Funds Network Calastone Switches Entire System to Blockchain
20.5.2019
The entire system for fund trade clearing services of London-based global funds network Calastone has been reportedly switched to the firm’s blockchain infrastructure
ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan
20.5.2019
As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory
Ripple CEO: Even the Banking Goliaths Will Have to Embrace Crypto, Blockchain Innovation
20.5.2019
Ripple’s CEO has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly
Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns
20.5.2019
Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns
My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More
19.5.2019
The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves
18.5.2019
The latest third-party audit of its USD-pegged stablecoin USD Coin has been published by Goldman Sachs-backed crypto finance startup Circle
Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue
18.5.2019
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
17.5.2019
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
Banks Fined $1.2 Billion For Forex Discrepancies, “Long Bitcoin, Short The Bankers” Proven Again
17.5.2019
Famous crypto analyst and news editor Anthony ‘Pomp’ Pompliano tweeted on Monday that multiple banks have been fined for approximately $1.2 billion. The tweet comes after reports surfaced stating that four giant banks, RBS, Barclays, Citigroup, and JPMorgan, have been fined by...
Report: Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project
17.5.2019
Some of the world’s leading banks are allegedly currently investing around $50 million to build a blockchain-based digital cash system for transaction settlement, sources claim
Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers
17.5.2019
A crypto platform says it is launching new features and adding a broader range of tokens, with the aim of giving its user base greater financial empowerment #SPONSORED
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
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Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
17.5.2019
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters
World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond
16.5.2019
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
15.5.2019
The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services
Bank of America CTO Catherine Bessant: We Haven’t Found a Blockchain Use Case in Finance
15.5.2019
Bank of America has yet to find blockchain use cases for the financial services sector, according to the bank’s CTO, Catherine Bessant
Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection
15.5.2019
SFOX crypto traders will now have access to insurance through the U.S. government’s Federal Deposit Insurance Corporation (FDIC) worth up to $250,000
Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians
15.5.2019
Panel of crypto custodians say collaboration between traditional and crypto custodians benefits all sides and will continue to grow
Three French Banks Join R3 Corda Blockchain-Based Loans Platform
14.5.2019
Three major French banks, BNP Paribas, Natixis, and Societe Generale, join Corda blockchain-based syndicated loans platform