Tag: Bank’s

Africa
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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

Brian Evans - Jan 17, 2019

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto

Banks
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Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

Brian Evans - Jan 16, 2019

ID formality upgrades in Canada could ultimately incorporate blockchain, says banking source

Altcoin
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DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report

Brian Evans - Jan 15, 2019

India’s first digital bank, DBS-owned Digibank, is allegedly closing accounts involved in crypto-related activity

Banks
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Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

Brian Evans - Jan 14, 2019

Banking giant HSBC saw its blockchain platform process $250 billion in forex trades in 2018

Banks
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Major Spanish Energy Company to Use Blockchain in Renewable Energy Tracking

Brian Evans - Jan 14, 2019

Major Spanish energy company Iberdrola has conducted a blockchain trial with two local banks, tracking the origins and the use of renewable energy

Adoption
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Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody

Brian Evans - Jan 14, 2019

Swiss investment bank Vontobel has launched the first regulated digital custodial tool for banks and asset managers

Banks
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St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value

Brian Evans - Jan 12, 2019

Downward pressure on the prices of all cryptocurrencies, including Bitcoin, is expected to be exerted by the ever-increasing number of altcoins, new research shows

Banks
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What We Know About Yellow Vests’ Bank Run and How Crypto Could Help It

Brian Evans - Jan 12, 2019

French grassroots political movement Yellow Vests is fighting financial institutions via a bank run — and crypto could help

Banks
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Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report

Brian Evans - Jan 11, 2019

Kotak Mahindra Bank — India's second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in crypto

Adoption
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ConsenSys Backs Icelandic Startup Co-Founded by Ex-Chair of Country’s Central Bank

Brian Evans - Jan 11, 2019

ConsenSys has taken part in a funding round for an Icelandic blockchain startup co-founded by the former chairman of the country’s central bank