Nobel prize-winning economist, Joseph Eugene Stiglitz, claims that “every currency is based on trust, but only a fool would trust Facebook’s Libra” in an article published on July 2. Stiglitz also notesRead More…
Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on JuneRead More…
In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech hasRead More…
KB Kookmin, the largest bank in South Korea, is preparing launch a digital asset custody offering. According to reports, the institution is teaming up for the effort with blockchain startup Atomics Lab, withRead More…
JPMorgan Chase’s blockchain team has developed a privacy feature for ethereum-based blockchains, obscuring not only how much money is being sent but who is sending it. Revealed exclusively to CoinDesk, JPMorgan hasRead More…
Individual investors will soon be able to invest in Grayscale Ethereum Trust, billed as “the first U.S. publicly quoted security solely invested in and deriving value from the price of ethereum.” TheRead More…
Dutch bank ABN AMRO said in a news release Friday that it’s currently “exploring options” for bringing the platform, called Forcefield, to market, and is in discussions with firms in the commoditiesRead More…
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). The company reported the update in a blog post published on May 17. USD Coin is anRead More…
When we think about investing in crypto we imagine a single, monolithic transaction and then years of HODLing. The folks at Emberfund imagine a different way. Their app, available now for iOS andRead More…
Prince Lorenzo de’ Medici – a descendant of the famed Renaissance-era Italian banking family, the House of Medici – has opened a bank in Puerto Rico. Medici Bank, “born out of frustrationRead More…