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Santander's UK arm follows Barclays in banning payments to Binance
8.7.2021
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange
European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds
29.4.2021
The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with...
'From dial-up to broadband': Banco Santander exec talks up DLT utilization in finance
28.4.2021
Regulated decentralized finance that combines permissioned layer-two protocols and a public blockchain network could be the future of fintech
European Investment Bank reportedly to issue bonds with blockchain tech
13.4.2021
The EIB has reportedly hired banks like Goldman Sachs and Societe Generale to explore a digital bond, registered and settled via blockchain
Binance Coin (BNB) market cap passes Santander and UBS — What’s next?
11.4.2021
To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS
Major Spanish Firms Including Santander Unveil Blockchain Identity Project
5.11.2020
A group of Spanish companies including banks and energy firms is working to develop a "self-managed" digital identity system using blockchain technology
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
16.9.2020
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
Why Santander Doesn’t Want to Use Ripple for International Payments Yet
13.8.2020
There may be trouble in paradise with one of Ripple’s major partners
This Is Why Santander Hesitates to Use XRP
13.8.2020
Despite being touted as one of Ripple’s “largest and most important customers,” the major Spanish bank Santander is still hesitant in its approach to the Ripple-affiliated XRP token.
Cedric Menager, the head of Santander’s new cross-border payments service One Pay FX, told the Financial Times that...
Ripple Teams Up With Santander on International Payments
9.7.2020
Massive retail bank Santander has teamed up with crypto and blockchain company Ripple
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
OTC Exchanges Help Thwart $5M Bank Heist in Brazil
10.5.2020
A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks
Santander to Extend Ripple-Powered Payments Solution to Mexico This Year
30.3.2020
Santander Mexico will support the banking group’s Ripple-powered international payments system One Pay FX in 2020
Santander Hires Former Apple Pay Exec to Lead P2P Payments
13.2.2020
The new hire formerly helped lead the launches of both Apple Card and Apple Pay
Santander & Other Spanish Banks Test Blockchain Payments + More News
19.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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A number of major Spanish banks including Santander and BBVA are testing blockchain-powered payment solutions, with...
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
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
Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
10.12.2019
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...