Banking


Markets

Pakistani Bank Teams With Alipay for Blockchain Remittances

Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay.

Pakistani rupee

Markets

The Coming Bifurcation of Bitcoin

Two particularly important ideas related to bitcoin's future are likely going to conflict with each other. But that doesn't need to a problem.

lights, split

Markets

Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws.

currencies

Markets

Fidelity's Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?

CoinDesk profiles Fidelity's Tom Jessop, who is leading the firm's effort to link the worlds of digital assets and Wall Street.

tom_jessop_article2

Markets

2019: The Year Blockchain Begins Finance's Great Unbundling

There will be opportunities for smart blockchain companies that can find their niche in the coming unbundling, says Ripple's Asheesh Birla.

clock, parts, time

Markets

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Dollars

Markets

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin

The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.

BNDES Brazil

Markets

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Revolut cards

Markets

Payments Startup Bitwala Now Offers Crypto Banking in Germany

Germany-based payments startup Bitwala is now offering crypto banking services in the country.

euro bitcoin

Markets

Not Everyone Wants a Bitcoin ETF

Despite the hype, some experts believe a bitcoin ETF wouldn't have much long-term impact on the broader market.

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