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Banking
Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.
Blockchain-Shy Bank of America Quietly Pilots Ripple Technology
Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.
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.
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 and Russia.
Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents
The second-largest U.S. bank has begun hiring for blockchain positions.
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, an exec said.
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 documents.
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 first crypto investment.
Polychain and a Chinese Bank Are Betting Millions on This Token Sale
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.
'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 bank.”
