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Banking
Bankers Tout Trade Finance as the Sweet Spot for Blockchain
London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.

Banks Conduct Cross-Border Trades on IBM-Powered Blockchain
We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.

Execs at Payments Giant Qiwi Launch Crypto Investment Bank
Senior staff at a Qiwi subsidiary are launching a crypto investment bank to advise ICO investors and help companies tokenize their assets.

Polish Bitcoin Association Challenges Banks Over Crypto Account Refusals
An industry group in Poland is attempting to challenge banks that have allegedly denied services for firms working with cryptocurrencies.

Hong Kong Seeks to Widen DLT Use in Trade Finance
Hong Kong's banking regulator is planning to widen its works on cross-border trade finance using distributed ledger technology.

How Commerzbank Is Throwing Out the Business Blockchain Playbook
The German bank is building on five different blockchains, and not just to hedge its bets – it sees a multi-chain future.

Bitcoin Is 'Not For Me' Says Goldman Sachs CEO
For Lloyd Blankfein, bitcoin just isn't his thing, according to new comments made Tuesday.

Bitcoin, DLT and Bank Ledgers: A Central Banker's View
The man in charge of China's quest to research and deploy distributed ledgers outlines his view on the breakthroughs of bitcoin and potential of DLT.

Russia's Largest Banks Are Piloting Bitcoin and Crypto Portfolios
Two of Russia's largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.

Metropolitan Bank Is Handling Millions for Crypto Clients (And It Wants More)
To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they're "pioneers."
