Banks News

IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to recover $880 million in funds.

Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra.

A new partnership for cross-border payments and remittances will use the National Bank of Cambodia’s blockchain-based payment system.

Enterprise Ethereum Alliance’s reputation system: Why do banks want to reward employees with tokens?

Huobi has launched a fiat onramp for the Turkish Lira that will allow users in the country to trade cryptocurrencies on Huobi Global.

Raiffeisen Bank participates in the first successful global tokenized collateral trial.

CIMB Singapore has completed its first blockchain-based trade financing transaction.

The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights.

The deputy governor of Banque de France said that central banks really only have three available options to address cryptocurrencies: ignore, ban or adopt.

The Supreme Court of India has postponed a hearing on the Reserve Bank of India’s circular banning banks from rendering services to crypto-related businesses.

Major bank HSBC carries out what it claims to be the first blockchain letter of credit to be enacted in Malaysia.

Firms like Facebook should be involved in projects like stablecoin Libra, according to Bank of England governor Mark Carney.

The Dubai Chamber of Commerce and Industry has signed a memorandum of understanding with Emirates NBD for blockchain-based trade finance.

One of China’s big four banks has released the second version of its blockchain trading platform following transactions exceeding $50 billion.

Alfa-Bank and Novolipetsk Steel Company, in cooperation with Commerzbank and Vesuvius GmbH, launch a Russia-Germany payment pilot via R3’s Marco Polo Network.