Banking


Markets

Blockchain and the Birth of a New Financial Instrument

A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.

shoes, baby

Markets

Banking and Blockchain: Why We Need an AML/KYC Safe Harbor

Compliance rules may be boosting blockchain innovation, but legal uncertainty is excluding some developing nations from the global banking system.

knot, tie

Markets

Swift Says Hackers Can Unite Banks and Blockchain Disruptors

Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

Swift Business Forum, 2017

Markets

Kazakhstan's Central Bank Tests Blockchain App for Debt Sales

The central bank of Kazakhstan has revealed it is looking to harness blockchain tech to sell short-term notes to investors.

Astana, Kazakhstan

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Markets

Russian Central Bank Group Prepares 'Masterchain' Ethereum Fork for Testing

Russia's financial incumbents are moving ahead with work on a new distributed ledger platform designed for enterprise use.

tech, chip

Markets

Striking Twice? Lightning's Joseph Poon Takes On Ethereum Exchange Project

Lightning's Joseph Poon is now building an ethereum-based decentralized exchange in an effort to eliminate third parties from trades.

poon, lightning

Markets

Colu Open-Sources Protocol to Help Central Banks Issue Digital Currencies

Colu is open-sourcing its banking infrastructure known as Bankbox and becoming "blockchain agnostic" to ease adoption among cryptocurrency issuers.

Money press

Markets

Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Ledgers

Ripple has open-sourced a bitcoin plug-in, making the biggest cryptocurrency interoperable with other ledgers. Litecoin could be next.

Quilt, interoperation

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Markets

Russia's Vnesheconombank Reveals Blockchain Product Strategy

A state-owned development bank in Russia has revealed its plans for launching products built around blockchain.

shutterstock_574664104

Markets

India's 'BankChain' Consortium Launches Blockchain KYC System

A blockchain consortium in India centered around banking applications has unveiled a new system for sharing information about customers.

India