Banking

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users different…

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 Supervisory Authority (BaFin) for…

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

The World Bank raised over $33 million for its Kangaroo bond on a blockchain. The international organization announced on Aug.…

Silvergate Bank Eyes Crypto-Collateralized Loans for Institutions

Silvergate Bank, one of the cryptocurrency industry’s few go-to financial service providers, is planning to become a crypto lender. According…

Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In…

R3’s Marco Polo Trade Blockchain Takes Another Step Toward Production

Marco Polo, the trade finance blockchain network launched in 2017 by R3 and TradeIX, is moving slowly but surely toward…

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…

Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost

Shinhan, one of the oldest and largest banks in South Korea, has partnered with two fintech firms to build a…

Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency…

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

A New Zealand bank has invested a “significant” amount in a startup working to put trade finance on a blockchain. Announced…

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