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Banking
State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new pilot that examines reporting scenarios for digital assets.

Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks.

Dutch Bank ING Reportedly Working on Crypto Custody Tech
Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources.

Here's a New Banking Tool for Vetting Crypto Exchanges
Blockchain forensics firm Elliptic is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world.

JPMorgan Blockchain Payments Network Eyes January Japan Launch
JPMorgan's Interbank Information Network will expand to Japan early next year, according to its executive director.

Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec.

State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
The China Construction Bank will help finance small businesses using a blockchain platform.

Court Backs Nordea Bank Bid to Block Staff From Trading Crypto
Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work.

Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO
“Now that we're public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview.

No, Royal Bank of Canada Isn't Opening a Crypto Exchange
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange.
