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Banking
Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.

Cryptos Would Only Have Value in 'Dystopian' Economy: JPMorgan
JPMorgan Chase has said that cryptocurrencies would only have value when confidence in traditional assets had been lost.

2 Executives Are Leaving Blockchain Startup R3 in Management Shake-Up
R3 is carrying out an internal reorganization, resulting in the departures of head of global services Brian McNulty and chief administrative officer Lauren Carroll, CoinDesk has learned.

Nasdaq Leads $20 Million Funding Round for Blockchain Startup Symbiont
Enterprise blockchain startup Symbiont has closed a $20 million Series-B funding round led by Nasdaq Ventures.

ING Bank, R3 Ink Deal for 'Unlimited' Corda Blockchain Deployment
Dutch banking group ING has inked a five-year licensing deal with blockchain consortium startup R3 to use its Corda Enterprise platform.

Wyoming Bill Would Clear the Way for Crypto Custody at Banks
Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.

Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other
U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.

The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade
Trade finance DLT platform we.trade is seeking partnerships with other networks, with TradeLens and Tradeshift as prime candidates.

Pakistani Bank Teams With Alipay for Blockchain Remittances
Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.

The Coming Bifurcation of Bitcoin
Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem.
