Banking

Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment

The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups,...

World Bank Raises $33M Via Blockchain for Its Kangaroo Bond

The World Bank announced on Aug. 16 that it raised an additional A$50 million (over $33 million) for its Kangaroo bond due Augu...

Germany Grants BaFin License to Financial Firm for STO Platform

Luxembourg-registered financial firm Black Manta Capital Partners has received a license from the German Federal Financial Supe...
August 19, 2019
5

Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans t...

Korea’s Oldest Bank Is Building a Blockchain-Based Security System

South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution. Ko...

Novogratz’s Crypto Bank Galaxy Digital Invests in Digital Asset Lender

Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Dig...

Standard Chartered Makes Letter of Credit Transaction Using Blockchain

London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of cred...
August 7, 2019
15

Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit

Israeli Bitcoin (BTC) investors are unable to pay their taxes as banks do not accept deposits obtained from cryptocurrencies. I...

China’s Central Bank Prioritizes Development of Digital Currency

China’s central bank, the People’s Bank of China (PBoC) announced that it accelerated the development of its cryptocurrency.  I...

South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System

South Korea’s oldest bank, Shinhan Bank, is developing a Distributed Ledger Technology (DLT)-enabled stock lending platform, lo...