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Legacy Banking

News, updates and opinions on changes and challenges that the cryptocurrency and blockchain bring to “standard” banking and its products. Coverage of competition between blockchain companies and legacy banks.

Banks’ Fear of Crypto Turns To FOMO

From Wall Street to Capitol Hill, executives, banks and financiers have been singing a different tune on cryptocurrencies and blockchain technology: their fear of crypto is rapidly turning to a fear of missing out, or FOMO as it's known in…

Fear The Rich. They Fear You.

If there's one thing that the leak of The Paradise Papers proves, it's that the rich don't like mere mortals poking around their financial affairs. The maze of shell corporations, tax havens, and secret accounts in the Caymans or the…

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