Banking

Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion

Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions. Source: CoinDesk.com

Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions

Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany…

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

Bank of America has begun hiring for blockchain positions, the first indicator that the bank plans to do much else…

Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself

Societe Generale has no plans to resell its $110 million ethereum bond, but future blockchain trials will involve external investors,…

London Stock Exchange-Backed Nivaura Hires Senior HSBC Banker

LSE-backed Nivaura hired a senior HSBC banker to boost adoption of the London-based fintech's blockchain process for capital markets legal…

Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts

Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information…

State-Owned French Bank Joins Bitcoin Startup’s $8 Million Series A

Lightning-focused bitcoin startup ACINQ added an interesting investor to its cap table: Bpifrance, a state-owned bank that just made its…

China Merchants Bank’s Latest Crypto Partnership Includes STO Investment

A security token offering for the Nervos Network could help a prominent Chinese bank tap into the DeFi ecosystem. Source:…

Decentralized Finance, Explained

With hundreds of millions of people excluded from the financial system, decentralized finance is being touted as the driving force…

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto…

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