Banking

Banking

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Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion

BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion.

Tezos

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IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees

The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.

Shopping2

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Goldman Sachs CEO Hints Bank Might Launch 'JPM Coin'-Like Crypto

Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon.

Goldman

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JPMorgan to Start Customer Trials of Its 'JPM Coin' Crypto

JPMorgan Chase is reportedly to start client trials of its "JPM Coin" cryptocurrency for intercompany remittances.

JPM, JPMorgan

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SWIFT Gives Blockchain Platforms Access to 'Instant' GPI Payments Following R3 Trial

Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.

Swift Logo

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There's a Second Token: A Breakdown of Facebook's Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

facebook, bitcoin

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Private Blockchain's Biggest Startups Integrate in Unprecedented Tie-Up

A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems.

R3_Todd_McDonald_Consensus

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Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.

Facebook, Menlo Park (Shutterstock)

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Circle and Coinbase Open CENTRE Stablecoin Network to New Members

Circle and Coinbase are a launching a bold effort to make money as easy to move around the world as internet data and content.

circle-allaire-consensus

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Korea's Biggest Bank Is Preparing to Custody Digital Assets

KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.

KB Kookmin Bank