Category: Banking
-
Chinese Banking Giant Trials Blockchain to Issue Land-Backed Loans
One of the “Big Four” commercial banks in China has completed the issuance of a loan worth of $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.
-
Singapore FinTech Enables Instant Blockchain Remittance for Myanmar Migrant Workers in Thailand
Everex, a Singapore-based financial technology firm, has partnered with Myanmar’s Shwe Bank to introduce blockchain-Powered remittance Services between Myanmar and Thailand. The blockchain firm claims that the partnership will enable millions of Myanmar migrant workers living in Thailand to send money home instantly and securely at much lower transaction costs than traditional remittance methods. Blockchain…
-
IBM, Barclays and Citi 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.
-
Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform
A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.
-
Blockchain Trade Finance Is Breaking Proof-of-Concept Gridlock
After years of tests and concepts, enterprise blockchain may be having a breakthrough moment, with several notable trials in trade finance advancing.
-
Banking Giant ING Is Quietly Becoming a Serious Blockchain Innovator
Dutch bank ING, which made a splash last year with a modification to zero-knowledge proofs, is adding another innovative wrinkle to privacy in DLT.
-
Bank of America Is Closing My Three-Year-Old's Account Over Crypto
My daughter is 3 years old. Bank of America is closing her account because of her “risk profile” and a highly indirect “connection” to cryptocurrency.
-
Court Forces Chile's Banks to Reopen Crypto Exchange Accounts
A Chilean court has ordered banks to reopen the accounts of crypto exchanges after the institutions announced their plans to close them in March.
-
Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1
While XRP’s price has fallen since the end of the year, Ripple’s sales of the cryptocurrency are stronger than ever.