Banking

Banking

Merkado

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Revolut cards

Merkado

Payments Startup Bitwala Now Offers Crypto Banking in Germany

Germany-based payments startup Bitwala is now offering crypto banking services in the country.

euro bitcoin

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Not Everyone Wants a Bitcoin ETF

Despite the hype, some experts believe a bitcoin ETF wouldn't have much long-term impact on the broader market.

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Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."

Sberbank

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4 Banks Complete €100K Commercial Paper Transaction on R3's Corda

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

R3

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Blockchain 'Radically Simplifies' KYC, Say UAE Trial Participants

An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.

Abu Dhabi

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Signature Bank Wins New York Approval for 'Real-Time' Blockchain Payments

Signature Bank is launching a blockchain-based real-time payments system in early 2019 and has just got the green light in New York.

signet

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Banking Giant State Street Is Waiting on Client Demand for Crypto Custody

State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

SS

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How Silvergate Became the Leading Bank for Crypto Startups

Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

Silvergate Bank CEO Alan Lane (right) speaks on a panel in New York. (Photo via CoinDesk archives)

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ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup

ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private.

ConsenSys HQ