Banking

Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO

Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING...

We’ll Allow More Control With Blockchain Payments

Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial cont...

Bitfinex Attempts to Recover $880 Million in New Court Filing

IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 mil...

Bank of England Governor Carney Defends Facebook’s Libra Stablecoin

Bank of England Governor Mark Carney has defended Facebook’s choice to create a new currency. Canadian news outlet TheStar repo...

HSBC Enacts a Letter of Credit on a Blockchain in Malaysia

Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The transaction ...
October 16, 2019
12

Italian Banks Successfully Test Data Reconciliation Via Blockchain

The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activit...
October 14, 2019
9

Decentralized Finance, Explained | Cointelegraph

4. There are some challenges that lie ahead for DeFi’s proliferation. Even though it could transform the lives of millions of p...

Ex-UBS Head Wants His Crypto Bank to Tap $220B Cryptocurrency Market

Peter Wuffli, the former CEO of Switzerland’s largest bank UBS and director at Swiss crypto bank Sygnum, wants to tap the “$220...

Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia. According to a press rel...

Twitter Has No Interest in Creating Libra-Like Crypto

Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting tha...