UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance
Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis Go to Source Powered by WPeMatico
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China’s Central Bank Prioritizes Development of Digital Currency
The People’s Bank of China is prioritizing the development of a national digital currency Go to Source Powered by WPeMatico
South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System
South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform Go to Source Powered by WPeMatico
Buying Crypto With The Apple Card Violates Its Customer Agreement
Apple won’t let its users buy crypto with its upcoming Apple Card, as detailed in the terms of its customer agreement Go to Source Powered by WPeMatico
Judge to Chase: Buying Crypto on Credit Not Necessarily a Cash Advance
Chase’s motion to dismiss is rejected as judge decides that buying crypto on credit might not count as a cash advance Go to Source Powered by WPeMatico
Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto
On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope … Read more
Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account
A Brazilian cryptocurrency brokerage has won a lawsuit against a bank that closed its account due to purported concerns about fraud Go to Source Powered by WPeMatico
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger a financial crisis that could grow into a new global meltdown. Chinese state-owned … Read more
Dubai to Launch KYC-Focused Blockchain Consortium for Businesses in 2020
The Dubai International Financial Centre, Mashreq Bank and Norbloc will jointly launch a blockchain-based KYC data-sharing consortium in the first quarter of 2020 Go to Source Powered by WPeMatico
Sex & Crypto: Cointelegraph Documentary
See Cointelegraph’s dive into the ways that crypto is changing adult entertainment Go to Source Powered by WPeMatico