business news
CME Group Is Launching Bitcoin Options Early in 2020
Derivatives marketplace CME Group says it will offer options on its bitcoin futures contracts starting in the first quarter of next year.
Wells Fargo's Stablecoin 'Faster, Cheaper' Than SWIFT, Says Exec
Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
Bank of America Joins Marco Polo Blockchain Trade Network
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.
Arab Bank's Swiss Arm Is Launching Cryptocurrency Services
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.
Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens
Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores.
Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor
Binance is now positioning its Venus stablecoin project as an alternative to Facebook's Libra, a month after downplaying any suggestions of rivalry.
New York Among 13 States Excluded as Binance.US Opens for Registrations
The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday.
Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
Harbor Tokenizes Real Estate Funds Worth $100 Million on Ethereum
Harbor has created tokens on the ethereum blockchain representing the shares of four real estate funds worth $100 million.
Deutsche Bank Joins JPMorgan's Crypto Payments Network
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
