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banks
A New Bank for Crypto Traders Has Opened in Puerto Rico
A new Puerto Rico-based financial institution catering to traders of cryptocurrency has opened for business.

Swissquote Bank Launching 'Nuke Proof' Crypto Custody
Online banking group Swissquote is launching a custody service that will see crypto keys stored in an ex-military bunker.

Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.

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.

4 Banks Complete €100K Commercial Paper Transaction on R3's Corda
Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Banking Giant State Street Is Waiting on Client Demand for Crypto Custody
State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

How Silvergate Became the Leading Bank for Crypto Startups
Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

Goldman, Morgan Stanley Go Live With CLS' IBM-Powered Blockchain
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments
During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.
