Banking


Markets

Brazil's Central Bank Is Ramping Up Blockchain R&D

Brazil's central bank is now moving to increase the quantity of its blockchain work – months after abandoning the effort.

brazil, real

Markets

Pipe Dreams: Bitcoin Won't Solve Pot Industry's Banking Problem

Cryptocurrency use could give U.S. Attorney General Jeff Sessions an excuse to crack down on state-legal pot firms, an industry lawyer warns.

Cannabis factory

Markets

Citigroup CEO: Bitcoin Threat Will Give Rise to State Cryptocurrencies

Citigroup CEO Michael Corbat has predicted that state-sponsored digital currencies will arise from the threat posed by bitcoin.

Michael Corbat

Markets

SIA Group, R3 Team Up for Blockchain Finance App Network

Technology infrastructure provider SIA Group and DLT consortium R3 have teamed up in an effort to get banks and corporates using blockchain apps.

network

Markets

11:FS Backs Off $50 Million Blockchain for Banking Fund

An emerging fintech consulting firm has revealed that it shuttered a fund aimed at raising money for enterprise blockchain startups.

11:FS London office

Markets

Thai Bank Taps IBM for Contract Management Blockchain Pilot

Thailand's Bank of Ayudhya and IBM have completed a blockchain pilot aimed to streamline the contract management process.

Kungsri bank

Markets

UBS Chief Economist Compares Bitcoin to Tulip Mania

UBS chief global economist Paul Donovan has compared bitcoin to the Netherland's 1600s tulip crisis, but noted he was a fan of blockchain technology.

Paul Donovan

Markets

London Stock Exchange Exec: Fiat Cash Impeding Blockchain Trials

An exec from the London Stock Exchange hinted at growing pains for bank blockchains Tueday, suggesting fiat currencies may be hindering innovation.

David Harris, LSEG

Markets

R3 Unveils Cross-Border Payments Platform Built on Corda DLT Tech

R3 and 22 of its member banks have announced a cross-border payments platform built on top of the company's Corda distributed ledger.

antiquemap

Markets

BTC to DLT: Why Aren't Banks Giving Blockchain Startups Accounts?

A recent report by the FCA recognized that cryptocurrency startups have a hard time getting bank accounts. CoinDesk's Noelle Acheson looks at why.

deposit, bank