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Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
4.8.2020
Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned...
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank
24.4.2020
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020
Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency
31.1.2020
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function...
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
31.1.2020
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number...
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
10.12.2019
The China Construction Bank will help finance small businesses using a blockchain platform
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance
Metropolitan Commercial Bank Shuts Down Tether’s Accounts
10.7.2019
New York-based Metropolitan Commercial Bank has reportedly requested that Tether close its three accounts
Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP
7.6.2019
Siam Commercial Bank, Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications
Ripple (XRP) Price Analysis: Siam Commercial Bank (SCB) Locks Ripple Blockchain, XRP On Hold
24.5.2019
Thailand’s largest commercial bank, Siam Commercial Bank will use Ripple Blockchain Ripple earns traction against SWIFT Siam Commercial Bank (SCB) took to Twitter to announce the integration with Ripple Blockchain. They also mentioned that XRP token would be taken up after the next announcement....