Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta. This article is originally written and posted on https://www.coindesk.com/binance-exchange-backs-first-ever-decentralized-bank-in-malta/.  Visit https://www.coindesk.com/ today for…

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IBM-Powered Blockchain Platform Completes First Live Trades Via Five Major Banks European blockchain trading platform we.trade confirmed it had completed its first live operations today, July 3, involving twenty companies and five major banks.…

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We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions. This article is originally written and posted on https://www.coindesk.com/european-banks-complete-first-live-blockchain-financial-trades/.  Visit https://www.coindesk.com/ today for…

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A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of…

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Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In…

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Transaction banking faces continued pressure from disruptive solutions from blockchain and cryptocurrency ventures, which are taking a significant share of a once-upon-a-time undisputed market. While bleeding customers and transaction volumes,…

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Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts. This article is originally written and posted on https://www.coindesk.com/korea-to-inspect-banks-over-crypto-exchange-aml-compliance/.  Visit https://www.coindesk.com/…

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CryptoMKT, one of only three cryptocurrency traders operating in Chile, was told late last week that state lender BancoEstado was closing its account within 10 days. The news comes after other commercial…

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Yesterday, Credit Suisse and ING Group completed a 25 million euro ($30.48 million) securities lending transaction using blockchain-based software. The transaction involved the banks swapping baskets of securities through an…

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Cryptocurrency venture capital firm Digital Currency Group (DCG) has confirmed an investment in Silvergate Capital Corporation, the holding company of the bitcoin startup-friendly Silvergate Bank. According to an announcement from…

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