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Dutch Bank ING Reportedly Working on Crypto Custody Tech

12.12.2019
Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources

BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020

11.12.2019
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from...

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

Here’s a New Banking Tool for Vetting Crypto Exchanges

11.12.2019
The blockchain forensics firm is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world

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...

JPMorgan Blockchain Payments Network Eyes January Japan Launch

10.12.2019
JPMorgan's Interbank Information Network will expand to Japan early next year, according to its executive director

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

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

Lithuanian Central Bank Announces Blockchain Collector Coin

9.12.2019
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin

No Demand for a State Digital Currency in Japan: Central Bank Governor

4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda

European Banks Struggle With Low Interest Rates and Strict Regulations

4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....

Global Android Vulnerability Could Grab Wallet and Banking Data

3.12.2019
A newly-discovered exploit could hijack banking and wallet apps on your Android phone

Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions

3.12.2019
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform

Court Backs Nordea Bank Bid to Block Staff From Trading Crypto

3.12.2019
Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work

Swiss Licensed Crypto Bank Expanding Into 9 Markets

1.12.2019
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched...

French Central Banker Advocates For Blockchain-Based Settlements in Europe

25.11.2019
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech

HSBC Closes Account Used to Support Hong Kong Protesters

22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...