banks

banks

Markets

French Lender Societe Generale Issues $112 Million Bond on Ethereum

French investment bank Societe Generale has issued $112 million of bonds as a security token on the public ethereum blockchain.

(Shutterstock)

Markets

Japanese Bank Abandons Work With SBI Ripple's 'Money Tap' App

Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is pulling out of the project.

Resona Bank

Markets

A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies

The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.

A German flag surrounded by euro banknotes (Bartolomiej Pietrzyk/Shutterstock)

Markets

A New Bank for Crypto Traders Has Opened in Puerto Rico

A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

San Juan, Puerto Rico,

Markets

Swissquote Bank Launching 'Nuke Proof' Crypto Custody

Online banking group Swissquote is launching a custody service that will see crypto keys stored in an ex-military bunker.

Swissquote

Markets

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.

Shanghai

Markets

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

Markets

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

Markets

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

Markets

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)