Banking

Dutch Bank Rabobank Cancels Development of ‘Rabobit’ Crypto Wallet

Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet, technology news outlet The Next Web s...

Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform ‘Forcefield’

Dutch bank ABN AMRO announced that it is launching a blockchain inventory tracking platform dubbed Forcefield in a press releas...

Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns

Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin (BTC) wallet dubbed “Wallie” because of risk concerns, ac...

Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD...

Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

The company behind the Paxos Standard (PAX) stablecoin announced that its users can now instantaneously redeem unlimited amount...

Direct Descendant of Italian Banking Dynasty Medici to Launch Blockchain-Friendly Bank

A direct descendant of an Italian dynasty that ran a banking empire in the 1400s is launching a new bank focusing on “digital-c...

Crypto Is Not a Store of Value

Dave Ramsden, deputy governor of the United Kingdom’s central bank, has said that crypto assets are too volatile to be a store ...

Saudi British Bank Launches Ripple-Powered Instant Cross-Border Transfer Service

Saudi British Bank (SABB) has launched an instant cross-border transfer service powered by Ripple, according to a news release ...

Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Com...

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by...