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Banking
Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges
Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More
The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger.

Top Banks 'Investing $50 Million' to Build Blockchain Settlement System
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

World Bank, CommBank Team Up for 'World First' Blockchain Bond Transaction
The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.

Emberfund Turns Your Phone Into a Crypto Hedge Fund
Emberfund is a new mobile app that lets anyone buy into an index of cryptocurrencies that automatically balances itself over time.

Enterprise Ethereum Alliance Publishes Latest Client Specs in Blockchain Standards Push
The EEA has published its latest client spec, which simplifies permissioning systems for enterprise blockchains, among other recommendations.

When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.

Crypto Wallet Abra Adds In-App Support for 'Thousands' of US Banks
Crypto wallet Abra now let users connect to “thousands” of U.S. banks. It's also added withdrawals for all 30 supported cryptos.

There's a New Medici Bank After 500 Years, And This Time It's Crypto-Friendly
A descendant of the famed Medici Italian banking family has opened a cryptocurrency-friendly bank in Puerto Rico.

JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency
JPMorgan has been replacing key privacy components of its Quorum blockchain platform over the past six months.
