Banking
UK Bank Closes Safello Accounts 6 Weeks After Entering Partnership
Only six weeks after bitcoin exchange Safello announced local deposit options for UK customers, the firm's banking partner is closing its accounts.

How Bitcoin Could Shake Up B2B Payments
Bitcoin is great for business-to-business transactions, if both sides know how to use it. What happens if they don't?

BBVA: We Wanted to Better Understand the Bitcoin Opportunity
In a new interview, BBVA Ventures' Jay Reinemann discusses his firms investment in Coinbase and what his means for its parent bank.

KPMG: Bitcoin a Threat and Opportunity for Retail Banks
KPMG has published a report which identifies bitcoin as both a threat and an opportunity to the banking sector.

US Treasury May Consider Bitcoin Industry Concerns Over Banking Access
The Chamber of Digital Commerce will present data to the US Treasury on banking problems faced by digital currency startups at a meeting next week.

India's Central Bank Could One Day Use Digital Currency, Chief Says
Reserve Bank of India governor Raghuram Rajan spoke out on bitcoin at a televised event late last week.

US State Bank Supervisors Issue Model Regulation for Digital Currencies
The Conference of State Bank Supervisors has drafted guidance for regulating digital currency activity

Safello Partners with UK Bank for Faster Payments
Swedish-based bitcoin exchange Safello has announced a new banking partnership that will see it add local transfer options for UK customers.

Why Bitcoin Needs Lawyers to Bridge the Technology Gap
As bitcoin continues to be taken more seriously by banks and regulators, the industry needs lawyers to help smooth out bumps on its way to mainstream.

Blockchain Addresses Security Controversy: 'We Need to Do Better'
Executives from Coinbase and Blockchain got into an online sparring match recently, in a debate that was about more than security.
