Business 22 July 2019

FairX crypto banking firm shuts down after running out of money

FairX has been forced to shutter its doors and turn off the lights as it wasn’t able to receive the funding it needed to be classified by the US Federal Deposit Insurance Corporation.

Business 17 July 2019

Bitcoin Suisse seeks Swiss banking license

Bitcoin Suisse wants an official banking license to join the regulated crypto landscape of Switzerland.

Business 11 July 2019

Bank asks Tether to close its accounts

Metropolitan Commercial Bank based in New York has contacted Tether and requested that it close its accounts.

Tech 19 June 2019

Italian banks to use blockchain to improve efficiency

After much study, Italian banks are ready to move forward with blockchain technology to cut the bureaucratic tape.

Business 18 June 2019

Santander’s appeal against Mercado Bitcoin rejected

A Brazilian court has ruled that banks need justified reasons to shut down accounts, and merely trading in cryptos doesn’t count.

Business 29 May 2019

Shinhan Bank launches national blockchain-based loan platform

Shinhan Bank doesn’t believe much in cryptocurrencies, but they’re now pushing blockchain technology for their lending platform.

Tech 23 May 2019

Banks get a new blockchain platform for promissory notes

DekaBank, dwpbank, DZ Bank, and Heleba have joined up to introduce a Finledger blockchain platform.

Business 2 May 2019

Dutch Central Bank executive wants to push for new technologies

Petra Hielkema believes central banks around the world need to explore new technologies, like blockchain, to keep their security at acceptable levels.

Business 15 April 2019

Indian banks look for ways to implement blockchain for payments

The National Payments Corporation of India is thinking of implementing blockchain technology with its digital payments system to help it become "the best payments network globally."

Business 3 April 2019

Crypto trading bank opens in Puerto Rico

San Juan Mercantile Bank & Trust International announced they have accepted their first client deposit of cryptocurrency, a month after their trading platform gained approval.

Business 29 March 2019

Banks paid $243B since last crisis, so why is crypto the bad guy?

Records showed banks have been fined $243 billion since the financial crisis a decade ago, with the majority of fines centering on “dirty money” activity.

Business 20 March 2019

Silvergate Bank signs 59 new crypto clients in Q4 2018

Silvergate Bank has shown impressive growth despite the down market, bringing on an additional 59 crypto clients.