Bitcoin News — Banking

Canadian Bank Opens Deposit Box for Cryptocurrency Firms

Posted by Zack Seward on

VersaBank says its VersaVault offers "absolute privacy" when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.

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BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

Posted by Yogita Khatri on

Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

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15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

Posted by Ian Allison on

The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 

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Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

Posted by Yogita Khatri on

The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.

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Firm Owned by India's Richest Man Turns to Blockchain for Trade Finance

Posted by Yogita Khatri on

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

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