banks

CME Group CEO Terry Duffy: Government Involvement Key to Crypto’s Success

Terry Duffy, CEO of leading derivative market CME Group, has said that until governments start to accept cryptocurrencies, it is…

Report: Brazilian Bank Bradesco Closes Accounts of Local Crypto Exchange and Owners

One of the largest Brazilian banks, Bradesco, has notified crypto exchange Bitblue that its banking accounts will be closed late…

Ripple CEO Brad Garlinghouse Says JPMorgan Coin ‘Misses the Point’ of Crypto

Ripple (XRP) CEO Brad Garlinghouse says the newly-announced digital asset from United States banking giant JPMorgan Chase “misses the point”…

HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter,…

Santander Enters $700 Million Deal to Use IBM’s Tech, Including Blockchain

One of Europe’s largest banks, Banco Santander, and tech giant IBM have announced an agreement to accelerate the bank’s development…

JPMorgan Chase to Launch ‘JPM Coin,’ Using Crypto to Speed Settlements

United States banking giant JPMorgan Chase (JPM) is launching its own cryptocurrency in a U.S. banking first, CNBC reported on…

Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger

Cryptocurrency traders are unhappy with regulators in Indonesia after it emerged Bitcoin (BTC) brokers now needed over $70 million to…

South Korea’s Largest Foreign Exchange Bank Files 46 Blockchain-Related Patents

South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) —  has announced that it has filed…

Italian Banking Association Further Tests Interbank Blockchain System Powered by R3 Corda

The Italian Banking Association (ABI) is now testing a blockchain interbank solution based on blockchain consortium R3’s open-source distributed ledger…

World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a…

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