Banks

CBDCs a Flexible Tool for a Zero-Interest Rate World

Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at ...

Israeli Startup That Allows Offline Crypto Transactions Secures $4M

Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. T...

Australian Police Uncover Syndicate Involved in Crypto Laundering

Australian law enforcement bodies have uncovered a criminal gang allegedly involved in laundering millions of stolen funds thro...

Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology ...

BIS Economist Proposes DLT-Based Financial Market Monitoring

An economist of the Bank for International Settlements (BIS) has proposed new ways of supervising financial risks through distr...
September 16, 2019
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Germany’s Largest Bank Joins JPMorgan’s Blockchain Network

Germany’s largest bank, Deutsche Bank, has joined JPMorgan’s blockchain-based network, the Interbank Information Network (IIN)....
September 15, 2019
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New Bitcoin Trading Record as Biggest Bank Embraces Petro

Venezuela’s largest bank, Bank of Venezuela (BDV), has added support for the country’s controversial Petro digital currency.  B...
September 13, 2019
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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...

Santander Issues $20 Million End-To-End Blockchain Bond on Ethereum

Major Spanish bank Banco Santander has issued what it claims is the first end-to-end blockchain bond.  In a Sept. 12 news relea...
September 12, 2019
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BitMEX Operator HDR Global Hires Former BNP Paribas Exec

BitMEX parent firm HDR Global Trading has hired a former executive of French banking group BNP Paribas as the group’s general c...
September 11, 2019
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