Banking


Markets

Crypto Exchange Bits of Gold Wins Supreme Court Battle Over Bank Block

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services.

Legal israel

Markets

SBI Plans Launch of In-Store Payments With Ripple-Powered 'Money Tap' App

SBI Ripple Asia is live testing in-store payments using its Ripple xCurrent-powered Money Tap app before a full launch "this year."

moneytap app

Markets

A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle's SeedInvest

Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform.

Arival bank founders Slava Solodkiy, Igor Pesin and Jeremy Berger (Credit: Arival)

Markets

U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking

Coinfloor will collect a fee for referring reputable crypto startups to electronic money institution Enumis for bank-like current accounts.

Obi Nwosu, CEO and founder of Coinfloor, at CoinDesk Invest (center)

Markets

IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm

Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company.

IBM_construct_2017

Markets

South Korea's Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance

Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products. 

Shinhan

Finance

JPMorgan Adds Privacy Features to Ethereum-Based Quorum Blockchain

JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction.

jp morgan, banks

Markets

Ethereum Investment Vehicle Approved for Small Investors

FINRA has approved Grayscale Investments' ethereum trust shares for sale to mom-and-pop investors.

eth

Markets

State Street's Blockchain Lead Departs to Build Data Privacy Startup

Moiz Kohari, State Street's global chief technology architect, has left to build a new data privacy startup.

State Street headquarters

Markets

ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan

As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory.

abn amro, bank