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Banking
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.

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.

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.

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.

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.

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.

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.

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.
