During Ripple’s annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments. This article is originally written and posted on https://www.coindesk.com/ripple-event-reveal-3-companies-are-now-using-xrp-for-real-payments/.  Visit https://www.coindesk.com/ today…

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‘Extremely Difficult’ Conditions: India’s Zebpay Shutters Crypto Exchange Over Central Bank Ban Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country’s banking ban. The official announcement was published Thursday, September…

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Russian Raiffeisen Bank Branch Issues Digital Mortgage Using Blockchain A Russian subsidiary of Raiffeisen Bank International has issued an electronic mortgage using local blockchain platform Masterchain, local business newspaper Kommersant reports Monday,…

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Major Thai Bank to Test Visa Blockchain Solution for Cross-Border Payments Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September…

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Reuters: Brazil’s Antitrust Agency Launches Probe Into Major Banks Regarding Crypto Trade Brazil’s antitrust regulator is reportedly inspecting six major national banks for alleged monopolistic practices in the crypto space, Reuters reports September 18.…

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Coinbase Expands UK Offering With Four GBP Altcoin Pairs U.S. cryptocurrency exchange Coinbase will open trading of four more cryptocurrencies for U.K.pound sterling (GBP) Friday, a blog post confirmed Wednesday, September 5. Following a deal with UK bank Barclays to open access…

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Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least. This article is originally written and posted on https://www.coindesk.com/goldman-sachs-said-to-have-sidelined-plans-for-crypto-trading-desk/.  Visit https://www.coindesk.com/ today for…

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Deutsche Bank Institutional Trader Joins Japanese Crypto Startup A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3. According to the announcement, Yasuo Matsuda, an institutional trader…

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Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report Bithumb, one of the largest South Korean cryptocurrency exchanges, will open up account registrations after a month-long freeze, local media outlet…

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Liechtenstein Bank Issues Own Crypto Stable Coin, Aims to Become ‘Blockchain Investment Bank’ Liechtenstein bank Union Bank AG announced it was issuing its own security tokens and in-house cryptocurrency backed by fiat in…

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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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