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UK Forex Operator LMAX to Launch Cryptocurrency Exchange for Banks and Hedge Funds

UK foreign exchange trading platform operator LMAX has announced that it will launch a cryptocurrency exchange tailored for banks, hedge funds, and other institutional...

Russia’s Largest Bank Conducts $12 Billion Transaction Using Smart Contracts

Shunning blockchain and smart-contracts for years, financial institutions are finally waking up to the potential that decentralized technologies hold, with a flurry of government...

Goldman Sachs CEO Blankfein to Step Down, Bestowing Complex Bitcoin Relationship

Lloyd Blankfein, 63, is expected to step down as CEO of Goldman Sachs in December, leaving the bank’s future uncertain in several ways, including...

Cryptocurrency Exchange Coinbase May Apply for a Banking License: Report

Cryptocurrency brokerage firm Coinbase has met with US regulators to discuss applying for a banking license, according to an anonymous source familiar with the...

Infosys Partners with 7 Banks for Blockchain Trade Finance Network

IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country's first commercial bond transaction made using blockchain.

We’re ‘Looking into’ Cryptocurrencies: JPMorgan Co-President

Multinational investment banking JPMorgan is “looking into” cryptocurrencies, company co-president Daniel Pinto said. Pinto made this revelation during a wide-ranging interview with CNBC, explaining...

Cryptocurrencies Pushing US Currency to ‘Non-Uniform’ System: Fed’s Bullard

James Bullard, who is at the helm of the St. Louis Federal Reserve Bank, is concerned that cryptocurrencies are complicating the markets. As an...

Deloitte: 3 out of 4 Big Companies See 'Compelling' Case for Blockchain

Most big firms find blockchain compelling, but some of those same firms also find it overhyped, according to a new survey.

Taiwan Bank Deploys Ethereum-Based Blockchain Payments System

The Taipei Fubon Commercial Bank, a private commercial Taiwanese bank, has reportedly launched a blockchain-powered payments system for retail usage, a first in the...