Banking
BBVA Can't Hold Cryptocurrency – And That's a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.
Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system.
Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.
IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.
There's a Bigger Scam Than Anything in Crypto, It's Called KYC/AML
Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?
BRICS Bank Consortium to Research Blockchain Applications
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative
A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.
Barclays Seeks Twin Blockchain Patents for Banking Services
Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.
GMO's New Internet Bank Will Settle Payments With Blockchain
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.
Why Litecoin's Creator Is Buying Into a Bank (And How It Could Go Wrong)
If all goes according to plan, TokenPay and Charlie Lee's Litecoin Foundation will transform a tiny German bank into crypto's smoothest on-ramp.
