Banks

Auto Added by WPeMatico

Are Banks REALLY Using Blockchain?

by

Despite some of the bad press that cryptocurrency, and bitcoin in particular gets, we’ve seen tremendous interest from many traditional financial institutions and investors. The driving force behind this interest isn’t so much the cryptocurrencies themselves, as it is the technology that the industry is built on – Blockchain technology. If asked the question “are banks actually … Read more

Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank

by

A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. This is reportedly the first time a Korean crypto exchange has taken legal action against a bank for blocking its transactions. … Read more

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services

by

In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital assets. We also look at Bitfinex’s newly updated app for “on-the-go” traders.  Also read: Security Startup Raises … Read more

You have not selected any currencies to display