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Banking
What China's Cashless Revolution Can Teach the West About Crypto
China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.

Asian Development Bank Paper Touts Blockchain in Government Procurement
A consultation paper for the Asian Development Bank proposes a blockchain network to boost efficiency in government procurement systems worldwide.

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding
Blockchain finance firm Clearmatics has closed a $12-million Series A funding round led by Route 66 Ventures.

Singapore Moves to Help Crypto Startups Receive Banking Services
Singapore's central bank is building relationships to ensure local crypto-focused startups receive domestic banking services.

PBoC Op-Ed Pushes Use Case for Yuan-Pegged Crypto Stablecoins
A researcher from the People's Bank of China voiced support for yuan-pegged stablecoins in an op-ed published Tuesday.

Bitwala Partners With Visa-Backed Solaris on Blockchain Bank Account
Blockchain startup Bitwala is working with Berlin-based fintech company solarisBank to launch Germany's first "blockchain bank account."

Italian Bank Consortium Trials Interbank Transfers on R3's Corda
Fourteen Italian banks say they have successfully completed the first phase of an interbank reconciliation trial utilizing R3's Corda platform.

SBI Ripple Asia's MoneyTap App Has Launched in Japan
MoneyTap, a blockchain money transfer app built by SBI Holdings and Ripple, has just gone live in Japan.

Ripple Grapples With Its $21 Billion 'Gorilla': Crypto Asset Adoption
Ripple's "800-pound gorilla" in the room is whether financial institutions will actually use cryptocurrencies in cross-border payments.

With Rambling Clinton Keynote, Ripple Is Sending a Clear Message
It wasn't about what Clinton had to say. It was about putting Clinton on the stage.
