Financial Services

Investing in cryptocurrency used to be a pain. Early buyers of Bitcoin, for example, were forced to be miners to use the wallet. If you weren’t both tech and investment-savvy, crypto investment was out of your reach. Even if you could…

The Winklevoss twins remain committed at making exchange-traded funds (ETFs) a reality in the cryptocurrency space, following two failed attempts to gain the approval of US regulators. In an Ask Me Anything (AMA) session on Reddit today,…

What Is Electroneum? Electroneum is a blockchain-based payment platform designed specifically for use on mobile devices like smartphones. It’s claimed to be the first Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) compliant…

Visa may soon be dipping another toe into blockchain technology. The world-leading credit card company recently announced an acquisition of Earthport, a regulated financial institution, for £198M GBP. News of the acquisition, along with an…

XRP adoption is unlikely as it's slow and too centralized, says the founder of Nano (NANO). He thinks banks are unlikely to accept it as it would give Ripple Labs, XRP's creator and biggest hodler, a near-monopoly on the entire Forex…

A Canadian fintech company says that consumer interest in digital assets, and in particular Bitcoin (BTC), has continued to grow, even in an extended bear market. Many are buying bitcoin as a store of value. Jean Amiouny, CEO of…

CLS, a leading provider of settlement services for Foreign Exchange markets, is launching a cryptographic “netting” service with the help of IBM Blockchain. Alan Marquard, CLS’ Chief Strategy Officer, announced at the IBM Think Conference…

What Is Wanchain? Wanchain is a cross-chain blockchain infrastructure designed to facilitate asset transfers and host dApps for the financial industry. From investments to banking, payments, and more, Wanchain hopes to replace legacy…

After ten years of watching from the sidelines, Wall Street is dipping more toes into the crypto world. Bank of America is the latest legacy financial institution to test the waters. On Tuesday the bank was awarded a patent for "systems…

Ripple has been making waves the past month by offering on-demand liquidity to banks for transnational settlements using XRP, but not everyone's happy. Although the new platform could significantly boost volume for the No. 3 ranked crypto…

You've heard of the Dow Jones Industrial Average, the NASDAQ Composite and the S&P 500. There are also crypto indices, like those by Coinbase and Galaxy Digital. And now there's one more. On Thursday, SharesPost launched the…

Samsung SDS is partnering with Dutch banking giant ABN AMRO to improve logistics processes at Port of Rotterdam in the Netherlands, the largest port in Europe. And with good reason. Imagine having to fill out 200 paper documents when…

It's been 10 years since anonymous Satoshi Nakamoto started a decentralized revolution with the Bitcoin (BTC) whitepaper, and over that time the peer-to-peer, open-source network has climbed to $112 billion in market capitalization. But…

Smart contract insurance is still a long way off, but one Bitcoin hodler is protecting his gains the old-fashioned way.  An Ohio man is attempting to claim $16,000 of stolen Bitcoin under his Homeowner’s Policy, justifying the claim under…

The National Bank of Kuwait (NBK), one of the largest banks in the Middle East, could be about to go live with Ripple's xCurrent payment solution in the coming weeks. A source familiar with the matter told Crypto Briefing in an email…

Management guru Peter Drucker has a simple definition for business: "It's other people's money." And when it comes to their wallets, apparently more people around the world are having less confidence in traditional banks. A whopping…