Financial Institutions

News about Financial Institutions in Crypto Industry

'Smart Money' blockchain trial is complete

‘Smart Money’ blockchain trial is complete

The Commonwealth Scientific and Industrial Research Organization’s Data61 division and Commonwealth Bank of Australia declared the…

Rial-backed Crypto Ready for launch in Iran

Rial-backed Crypto Ready for launch in Iran

As an effort in escaping the economic sanctions imposed by the United States, Iran exposed plans…

MUFG and Bradesco Bank Partners to Utilize Ripple for cross-border payments

MUFG and Bradesco Bank Partners to Utilize Ripple for cross-border payments

A partnership has been recently established between Mitsubishi UFG (MUFG) and Bradesco focusing on cross-border payment…

JP Morgan spots public companies benefit from the blockchain

JP Morgan spots public companies benefit from the blockchain

The JP Morgan Chase has spotted entities whose stock would benefit from the adoption of the…

BBVA processes syndicated loan on Blockchain

BBVA processes syndicated loan on Blockchain

The BBVA has accomplished the testing of a syndicated loan for $150 million on the blockchain….

BOI releases digital currency investigation results

BOI releases digital currency investigation results

The Bank of Israel has revealed the results of the investigation analyzing the feasibility of issuing…

Pilatus Bank ends banking operations

Pilatus Bank ends banking operations

The Malta Financial Services Authority (MFSA) disclosed that the European Central Bank (ECB) revoked the license…

Banks to Restrict Unverified Crypto Traders in South Korea

Banks to Restrict Unverified Crypto Traders in South Korea

A local press has reported that the local banks will be limiting the activities of the…

Local Banks Now Adopting Venezuelan Petro

Local Banks Now Adopting Venezuelan Petro

The local financial institutions have recently begun to adopt the Venezuelan petro tokens by showing client’s…

Israel Study Group Not Recommended to Issue Own Crypto

Israel: Study Group Not Recommended to Issue Own Crypto

A study group in Israeli has recently expressed their recommendation that Israel’s central bank shouldn’t issue…