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Banking
Bitcoin Too Volatile for Goldman Sachs, Says CEO
Goldman Sachs CEO Lloyd Blankfein has said it's to early for the bank to consider a bitcoin strategy as it "doesn't feel like a store of value."
BBVA Blockchain Pilot Cuts Time for International Trade Transactions
BBVA has utilized blockchain platform Waves to conduct a live international trade transaction trial between Spain and Mexico.
Austrian Bank Raiffeisen Enlists in R3 Blockchain Consortium
Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger consortium.
State Bank of India to Beta Test Blockchain Smart Contracts Next Month
The State Bank of India is planning to beta launch smart contracts and blockchain-based know-your-customer processes.
JPMorgan, Goldman Sachs Trial DLT for Equity Swaps
Financial firms including JPMorgan Chase and Goldman Sachs have carried out equity swaps over a DLT system.
Over 20 Banks Join Singapore-Hong Kong Blockchain Trade Network
A number of banks have joined the recently announced blockchain-based trade network pilot jointly set up by Hong Kong and Singapore.
$100 Bitcoin? Japan Post Bank's CIO Blasts 'Bubble' Value
Bitcoin's astonishing price rally this year continues to attract skeptics, including the CIO of Japan Post Bank.
American Express Opens First Blockchain Corridor With Ripple Tech
American Express just had its "Charles Lindbergh moment," using Ripple's blockchain to connect Santander clients in Europe and the U.S.
I'll Give You My Bitcoin When You Pry It From My Cold, Dead Hands
Unlike money in the bank, cryptocurrency can't be unilaterally seized by governments, clawing back a modicum of power for the individual.
Ubin Part 2: Singapore Central Bank Publishes Blockchain Project Details
A new report from the Monetary Authority of Singapore details the second phase of its "Project Ubin" blockchain project.
