Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle’s SeedInvest platform.
U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking
Coinfloor will collect a fee for referring reputable crypto startups to electronic money institution Enumis for bank-like current accounts.
IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm
Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company.
IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm
Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company.
South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
JPMorgan Adds New Privacy Features to Its Ethereum-Based Quorum Blockchain
JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction.
Ethereum Investment Vehicle Approved for Small Investors
FINRA has approved Grayscale Investments’ ethereum trust shares for sale to mom-and-pop investors.
State Street’s Blockchain Lead Departs to Build Data Privacy Startup
Moiz Kohari, State Street’s global chief technology architect, has left to build a new data privacy startup.
ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan
As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it’s seeking to launch a blockchain platform for trade inventory.
Beyond KYC: Global Regulators Appear Set to Adopt Tough New Rules for Crypto Exchanges
Exchanges will likely have to collect information about their clients’ crypto transactions under new global standards expected in June.
My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More
The guy who coined the term “hodl” has a real bitcoin story that only made his interest in the technology stronger.
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
The World Bank says its new debt instrument “bond-i” is the first bond to have both issuance and trading recorded on a blockchain.
Emberfund Turns Your Phone Into a Crypto Hedge Fund
Emberfund is a new mobile app that lets anyone buy into an index of cryptocurrencies that automatically balances itself over time.
Enterprise Ethereum Alliance Publishes Latest Client Specs in Blockchain Standards Push
The EEA has published its latest client spec, which simplifies permissioning systems for enterprise blockchains, among other recommendations.
When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
Crypto Wallet Abra Adds In-App Support for ‘Thousands’ of US Banks
Crypto wallet Abra now let users connect to “thousands” of U.S. banks. It’s also added withdrawals for all 30 supported cryptos.
There’s a New Medici Bank After 500 Years, And This Time It’s Crypto-Friendly
A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.
JPMorgan Has Quietly Rebooted the Blockchain Tech Behind Its JPM Coin
JPMorgan has been replacing key privacy components of its Quorum blockchain platform over the past six months.
Over 50 Banks, Firms Trial Trade Finance App Built With R3’s Corda Blockchain
ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3’s Corda.