Banking

There’s a Second Token: A Breakdown of Facebook’s Blockchain Economy

Actually, Facebook is launching two cryptocurrencies. As part of Tuesday’s big reveal of the social network’s ambitious plan to create a…

Private Blockchain’s Biggest Startups Integrate in Unprecedented Tie-Up

A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize…

Ethereum Public Blockchain Favoured for Document Authenticator Feature by Polish Bank

A Polish bank has bucked the trend of companies and institutions experimenting with blockchain technology using private, permissioned ledgers. Warsaw-based…

Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto

In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in…

Spanish Law Enforcement Arrests 35 Suspects for Bank Fraud, BTC Money Laundering

Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media…

FT: Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times…

Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

Facebook’s hiring spree for its upcoming cryptocurrency, reportedly called “GobalCoin,” continues with the addition of a senior bank lobbyist from…

Circle and Coinbase Open CENTRE Stablecoin Network to New Members

Cryptocurrency firms Circle and Coinbase are a launching bold effort to make money as easy to move around the world as…

Korea’s Biggest Bank Is Preparing to Custody Digital Assets

KB Kookmin, the largest bank in South Korea, is preparing launch a digital asset custody offering. According to a report…

Bank to Basics: USC Project Seeks to Disrupt Traditional Wholesale Banking

On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced…

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