Overstock’s Blockchain Subsidiary Acquires Stake in Blockchain Banking Platform
Overstock.com’s blockchain subsidiary Medici has purchased a stake in blockchain banking project Bankorus Go to Source Powered by WPeMatico
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How the World’s Leading Banks Help Launder $2 Trillion a Year
Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash every year. Over $2 trillion is laundered annually by criminals who utilize various ways to hide money in banks, which are often complicit or … Read more
Brazilian Court Rules Santander to Return $350,000 to Crypto Exchange Mercado Bitcoin
An appeal made by Banco Santander against crypto exchange Mercado Bitcoin has been dismissed, ruling that the bank must return the previously frozen funds to the company Go to Source Powered by WPeMatico
Swissquote Banking Group to Launch Crypto Custody in Late March
Swiss banking group Swissquote to launch crypto custody in late March, allowing the transfer of crypto from an external wallet to a bank account and vice versa Go to Source Powered by WPeMatico
Ripple CEO Says JPM Coin Lacks Interoperability: ‘Just Use the Dollar, I Don’t Get It!’
Ripple CEO Brad Garlinghouse says the recently-announced stablecoin from U.S. banking giant JPMorgan Chase lacks interoperability Go to Source Powered by WPeMatico
CFTC Chair: Blockchain Could Have Transformed Regulators Real-Time Response to 2008 Crash
The U.S. Commodity Futures Trading Commission chairman has said that blockchain would have transformed regulators’ real-time responses to the 2008 global financial crash Go to Source Powered by WPeMatico
Research: Global Blockchain Spending to Reach $2.9 Billion in 2019
The Worldwide Semiannual Blockchain Spending Guide predicts that worldwide blockchain spending will be nearly $2.9 billion in 2019 Go to Source Powered by WPeMatico
Deutsche Boerse, Commerzbank Complete Blockchain PoC for Legally Binding Repo Transaction
German financial services firm Commerzbank and securities marketplace Deutsche Boerse have completed a PoC for a legally binding repo transaction using blockchain Go to Source Powered by WPeMatico
Medici Portfolio Firm Partners with Caribbean Bank to Pilot Digital Currency
Bitt, a portfolio firm of Overstock’s blockchain firm Medici, partnered with the Eastern Caribbean Central Bank to pilot a central bank digital currency Go to Source Powered by WPeMatico
Japanese Banks Unite to Launch Blockchain Finance Platform Services
Five Japanese banks are set to launch the first services of their blockchain-based financial infrastructure platform Go to Source Powered by WPeMatico