Banking
JPMorgan Says It May Have to 'Adapt' to Counter Crypto Adoption
JPMorgan Chase has become the third major banking institution to list cryptocurrencies as a possible risk factor for its business.

Digital Currency Group Invests in Bitcoin-Friendly Silvergate Bank
Cryptocurrency VC firm Digital Currency Group has confirmed an investment in bitcoin startup-friendly Silvergate Bank.

R3 Pilots Blockchain Trade Finance Platform with Global Banks
Blockchain startup R3, trade finance tech provider TradeIX and major banks have moved their Marco Polo trade finance platform to the pilot stage.

Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder
Troubled cryptocurrency exchange Bitfinex has reportedly secured a banking relationship, according to reports by Bloomberg and Reuters.

Who's Said What About the Coinbase-Visa Dispute
A Visa spokesperson claimed that neither it nor Coinbase were responsible for last week's charging issue seen by the crypto-exchange's customers.

Philippines Banks to Use Visa's Blockchain Payments Platform
Five banks in the Philippines are teaming up to use Visa's blockchain-based payment system, according to a report.

Crypto Asset Lending Startup BlockFi Raises $1.55 Million
BlockFi, a startup that offers U.S. dollar loans to crypto-asset owners, has raised $1.55 million in capital from investors.

South Africa's Central Bank Eyes JPMorgan Blockchain Tech
South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.

JPMorgan Report: Crypto Could One Day Help Diversify Portfolios
Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new report.

ECB President: EU Banks Show 'Limited Appetite' for Cryptocurrencies
Mario Draghi, president of the European Central Bank, has said credit institutions in Europe are not as keen on cryptocurrencies as the public.
