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.
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.
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.
Five Banks Now Let Users Verify Their Identities Using a Blockchain App
Five Canadian banks have rolled out a new blockchain-based mobile service from SecureKey to let customers securely verify their identities.
French Lender Societe Generale Issues $112 Million Bond on Ethereum
French investment bank Societe Generale has issued $112 million of bonds as a security token on the public ethereum blockchain.
Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App
Resona, one of three Japanese banks working with SBI Holdings and Ripple on their blockchain app Money Tap, is pulling out of the project.
A Small Bank in Germany Is Now Nearly 30% Owned by Crypto Companies
The blockchain startup Nimiq has just joined the ranks of WEG Bank AG shareholders like TokenPay and the Litecoin Foundation.
A New Bank for Crypto Traders Has Opened in Puerto Rico
A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.
Swissquote Bank Launching ‘Nuke Proof’ Crypto Custody
Online banking group Swissquote is launching a custody service that will see crypto keys stored in an ex-military bunker.
Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
Crypto-Friendly Money App Revolut Wins EU Banking License
Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.
4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda
Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3’s Corda blockchain.
Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says
State Street bank says there’s no sense of urgency yet from clients for it to move into safeguarding crypto assets.
How Silvergate Became the Leading Bank for Crypto Startups
Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.
Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.
Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.
Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments
During Ripple’s annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.
Goldman Sachs Said to Have Sidelined Plans for Crypto Trading Desk
Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least.
GMO’s New Internet Bank Will Settle Payments With Blockchain
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.