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Banking
Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’
Until there are well-designed privacy features for enterprise applications on public chains, it's premature for firms to use them, says Amber Baldet.

Major Banks Sign Up for New EU Commission Blockchain App Association
The European Commission, the EU's executive body, is launching a blockchain app association next year and already has major banks on board.

Nearly 500 Crypto Startups Bank at Silvergate, IPO Filing Reveals
The California-based operator of Silvergate Bank has detailed its relationships with the cryptocurrency industry as part of its IPO filing with the SEC.

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’
Hype around ICOs and altcoins “hasn’t helped us,” says Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain group.

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances
Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.

Singapore's Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Canadian Bank Opens Deposit Box for Cryptocurrency Firms
VersaBank says its VersaVault offers "absolute privacy" when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain
Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019.

Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk
The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.
