Banks

The latest news about banks and blockchain technology.

HADA DBank Plans to Become The First Blockchain-Based Islamic Bank
February 16th, 2018

HADA DBank will fuse Islamic banking module with blockchain technology to let everyone enjoy the benefits of its transparency and risk sharing.

JPMorgan’s ‘Bitcoin Bible’: Cryptocurrencies ‘Unlikely to Disappear’
February 13th, 2018

According to yesterday published JPMorgan’s Global Research, despite it will be very difficult for cryptos to completely displace government-issued currencies, they can play a decisive role in the diversification of global bond and equity portfolios.

‘Crypto Isn’t Bad, It Just Needs Some Evolution,’ Says JPMorgan’s Umar Farooq
February 8th, 2018

Head of blockchain initiatives at JP Morgan clarified his position on digital currencies while speaking at Yahoo Finance All Market Summit on Thursday.

Billionaire Trader Mike Novogratz Raises $250M for Crypto Merchant Bank
February 8th, 2018

Mike Novogratz hopes to make the Galaxy Digital merchant bank as the “Goldman Sachs of crypto”.

Spanish Banking Group Banco Santander Announces New Ties with Ripple
February 5th, 2018

Santander will soon be launching a mobile app in Q1 2018 for instant payments powered with Ripple’s xCurrent technology.

Bankera’s Co-Founders Acquired the Pacific Private Bank Limited
February 2nd, 2018

Bankera continues building a bank that embraces and integrates blockchain innovations, holding the world’s biggest ICO by contributor numbers and still planning to hit its hard cap of 177 million euros.

Davos 2018: Blockchain Technology is Here to Stay and Can’t be Ignored
January 25th, 2018

At the World Economic Forum 2018, some of the prominent personalities discuss the blockchain technology and cryptocurrencies and how it can shape the global economy in future.

Morgan Stanley Starts Clearing Bitcoin Futures
January 19th, 2018

The bank joins its rival Goldman Sachs and becomes the second major Wall Street firm to launch clearing crypto contracts.

China Plans to Block Access to Domestic and Offshore Cryptocurrency Platforms
January 16th, 2018

China is planning to completely ban activity of centralized cryptocurrency exchanges, targeting websites, mobile apps, people and businesses that provide exchange-like services.

Mike Novogratz’s Galaxy Digital Unveils Plan for Cryptocurrency Merchant Bank
January 11th, 2018

Billionaire and ex-fund manager Mike Novogratz is going to constitute a cryptocurrency “merchant bank” with the aim to list Galaxy Digital on the TSX Venture Exchange and raise upwards of $200 million.

Cryptocurrency Prices Down Given China’s Rumoured Intention to Push Out Bitcoin Miners
January 10th, 2018

Local miners from China are facing tough times as the government pushes ones, who are using cheap electricity, out of business.

The Bank of England Denied Creating Its Own Digital Currency
January 5th, 2018

The central bank has studied the cryptosphere and determined that creating its cryptocurrency may ruin the current model of the financial market.

Bank of England Looks Forward to Launch Bitcoin-Style Cryptocurrency This Year
January 2nd, 2018

The digital currency will be supported by decentralized distributed ledger mechanism and will be linked to Sterling.