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Banking
Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen
The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.

Icing on the Cake: R3 Launches Corda Distributed Ledger Version 1.0
Distributed ledger consortium R3 is releasing version 1.0 of its first major software offering, Corda, and celebrating with cake.

Two Fewer Tims: R3 Sees Key Employees Depart for New Ventures
Blockchain consortium R3 has lost two of its most public employees, Tim Grant and Tim Swanson, who are moving onto their own ventures.

US Regulator: Cryptocurrencies May Pose Risks, Rewards for Credit Unions
The top regulator for US credit unions said in a new report that cryptocurrencies pose both risk and reward for institutions in the industry.

Canada's Biggest Bank Tests Blockchain for Cross-Border Payments
Royal Bank of Canada (RBC), the largest bank in the country, is trialling blockchain technology for fund transfers to and from the U.S.

Mizuho CEO: Financial Firms 'Should Have Courage' to Take Blockchain Live
The president and CEO of the Mizuho Financial Group "megabank" has spoken out on the potential of blockchain to disrupt financial incumbents.

Bitcoin Businesses Face Bank Account Closures in Singapore
Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

Banks Simulate €100,000 Security Transaction in R3 DLT Trial
German banks working with the R3 blockchain consortium have successfully replicated the sale of a €100,000 security on a DLT platform.

Malta's Government May Test Cryptocurrency in Regulatory 'Sandbox'
A report by the Times of Malta suggests the country's government may soon be launching a novel cryptocurrency trial.

'Big Four' Chinese Bank to Launch Blockchain Bancassurance Product
One of China's "Big Four" banks is close to launching a blockchain application for the insurance and banking sectors.
