Bithumb Sees 40% Trading Volume Drop After User Registration Suspension Trading volume on South Korea’s Bithumb exchange has plummeted since it temporarily stopped offering new account registrations.… Read More
BBVA Can’t Hold Cryptocurrency – And That’s a Problem The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.… Read More
Banking Giant Trials Blockchain for Issuance of Land-Backed Loans One of the “Big Four” commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. … Read More
Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week. … Read More
IBM, Barclays and Citi Team Up to Launch Blockchain App Store for Banks Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.… Read More
There’s a Bigger Scam Than Anything in Crypto, It’s Called KYC/AML Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?… Read More
BRICS Bank Consortium to Research Blockchain Applications BRICS nations’ state-owned development banks plan to research blockchain technology for international transactions and other products.… Read More
Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked. … Read More
Barclays Seeks Twin Blockchain Patents for Banking Services Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.… Read More
GMO’s New Internet Bank Will Settle Payments With Blockchain Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.… Read More