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Banking
There's a Bigger Scam Than Anything in Crypto, It's Called KYC/AML
Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?

BRICS Bank Consortium to Research Blockchain Applications
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative
A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

Barclays Seeks Twin Blockchain Patents for Banking Services
Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

GMO's New Internet Bank Will Settle Payments With Blockchain
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.

Why Litecoin's Creator Is Buying Into a Bank (And How It Could Go Wrong)
If all goes according to plan, TokenPay and Charlie Lee's Litecoin Foundation will transform a tiny German bank into crypto's smoothest on-ramp.

Binance Exchange Backs First-Ever Decentralized Bank in Malta
Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta.

100 Tokens By 2020: Ledger Pledges Big Expansion for Crypto Custody
Wallet and custody startup Ledger is ramping up the number of cryptocurrencies it supports to meet demand from institutional investors.

Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds
The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.

Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership
Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.
