Bank

Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing…

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. Korea’s Shinhan bank…

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality

Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of…

Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto

When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain…

South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users

Shinhan Bank, the second largest financial group in South Korea by assets, is redoubling its efforts to police accounts related…

Private Bank Kleinwort Hambros Launches Blockchain Exchange-Traded Note

Private bank Kleinwort Hambros launched an exchange-traded note (ETN) made up of blockchain-related companies, financial news outlet Finextra reported on…

Tel Aviv Court Rules Bank Can’t Close Crypto Miner’s Account

A court in Israel has once again ruled against a local bank which tried to close the account of a…

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