Spanish bank Santander has lost an appeal in a Brazilian court regarding the closure of a cryptocurrency’s account. Major Spanish bank Santander has been denied an appeal regarding a decision by the Court of Justice of the State of São Paulo in a case against crypto exchange Mercado Bitcoin, Cointelegraph Brazil reports on June 17. Santander […]
Continue Reading
The Utility Settlement Coin (USC) project has the potential to disrupt the banking sector with crypto payments. On June 3, the Utility Settlement Coin (USC) project, one of the most ambitious crypto-based initiatives in mainstream finance, announced that it had taken the next step in its progression: the creation of a new company called Fnality […]
Continue Reading
Ripple will officially announce the launch of a Brazilian office at an upcoming fintech event. Ripple, the firm behind third-biggest crypto by market cap XRP, has launched a Brazilian office with the aim to expand across Latin America, Cointelegraph Brazil reports on June 10. According to the report, the official announcement will be made at […]
Continue Reading
Kaleido says the tech stack brings together the tools and technologies businesses need to build modern networks. Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15. The ConsenSys-backed company said […]
Continue Reading
The blockchain standards organization has released two new specifications aiming to enhance blockchain implementation for enterprises. Member-driven blockchain standards organization the Enterprise Ethereum Alliance (EEA) has released two new specifications aiming to accelerate and enhance blockchain implementation for enterprises. The news was shared with Cointelegraph in two press releases on May 13. The EEA, which […]
Continue Reading
Nordea is expanding its blockchain-based we.trade platform to small and medium-sized enterprise clients. Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs), according to a press release on May 9. The platform will purportedly help address trust deficits extant in current […]
Continue Reading
JPM is planning to widen the use of its blockchain system. On April 21, it was revealed that JPMorgan Chase (JPM), the United States’ largest bank with over $2.62 trillion in assets, is planning to widen the use of its blockchain system. Specifically, JPM is adding new features to its Interbank Information Network (IIN), which […]
Continue Reading
The Enterprise Ethereum Alliance has launched a blockchain-neutral Token Taxonomy Initiative that will seek to define tokens in non-technical and cross-industry terms. The Enterprise Ethereum Alliance (EEA) has launched a blockchain-neutral Token Taxonomy Initiative in partnership with major firms, according to a press release from EEA on April 17. The initiative will seek to define […]
Continue Reading
Several more Japanese banks join MoneyTap app from Ripple and SBI to provide interbanking transfers to their users. Blockchain payment app MoneyTap, co-developed by Ripple and Japanese financial services giant SBI Holdings, has received investments from 13 local banks, according to an SBI press release published on March 28. In the announcement, SBI Holdings informs […]
Continue Reading
A São Paulo court has dismissed the appeal made by Banco Santander against crypto exchange Mercado Bitcoin. The Court of Justice in the Brazilian state of São Paulo has dismissed the appeal made by Banco Santander against cryptocurrency exchange Mercado Bitcoin, and ruled that the bank should return funds to the company, local crypto media […]
Continue Reading