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Banking
Banking Giant ING Is Quietly Becoming a Serious Blockchain Innovator
Dutch bank ING, which made a splash last year with a modification to zero-knowledge proofs, is adding another innovative wrinkle to privacy in DLT.
Bank of America Is Closing My Three-Year-Old's Account Over Crypto
My daughter is 3 years old. Bank of America is closing her account because of her “risk profile” and a highly indirect “connection” to cryptocurrency.
Court Forces Chile's Banks to Reopen Crypto Exchange Accounts
A Chilean court has ordered banks to reopen the accounts of crypto exchanges after the institutions announced their plans to close them in March.
Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1
While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.
BBVA Issues $91 Million Loan Using Two Blockchains
Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.
Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives
U.K.-based bank Barclays is pushing hard for a data standard for derivatives, as a foundation for that market to adopt distributed ledger technology.
1 in 5 Financial Institutions Exploring Crypto Trading, Survey Finds
A survey conducted by Thomson Reuters found that around 20 percent of its financial services clients are mulling trading cryptocurrencies in 2018.
'WordPress of Blockchain' Startup Seeks to Solve Enterprise Pain Points
Elemential, which is based in Mumbai, India, seeks to remove the pain of “blockchain administration."
JPMorgan Trial Puts Debt Issuance on a Blockchain
JPMorgan Chase has partnered with National Bank of Canada and others to trial a blockchain platform aimed to improve the debt issuance process.
Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped
Giving progress reports on their blockchain projects, bankers come across browbeaten and anxious, while their cousins in insurance sound spritely.
