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SWIFT Calls Crypto “Useless,” Admits Fast Settlement Hurdles

A representative from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) told an audience at a breakfast briefing in London Monday that cryptocurrency networks cannot...

Mastercard Partners With R3 to Develop Blockchain-Powered Cross-Border Payment Solution

Mastercard announced on Wednesday it is teaming up with enterprise blockchain software provider R3 to develop and pilot a new blockchain-enabled cross-border payment solution....

Caliber Home Loans to Originate Mortgages on Figure’s Blockchain Platform Provenance

Caliber Home Loans, a privately-held financial services company and a leading mortgage provider, has become the first outside lender to utilize the blockchain-based platform...

Bakkt Now Accepting Customer Bitcoin Deposits & Withdrawals, Futures to Launch September 23

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New...

Franklin Templeton Experimenting with “US Money Fund” Shares on Stellar Blockchain

Multibillion-dollar American investment firm Franklin Templeton has filed a prospectus with the SEC detailing a plan to use the Stellar Lumens blockchain for automated...

Crypto Consumer Lending Firm Celsius Has $1 Billion in Digital Assets Deposited with BitGo

The initial coin offering (ICO) craze of 2017 and early 2018 helped generate billions of dollars for blockchain startups throughout the world. However, many...

Lagarde Calls for Careful Regulating of Fintech, Crypto Sectors in ECB Campaign Speech

Outgoing IMF Managing Director Christine Lagarde has called for the careful regulation of cryptocurrencies and the Fintech sector in a campaign speech she made before...

Huobi Plans Collaboration on Blockchain with University of Gibraltar

Huobi, an Asia based digital asset trading and management platform, has signed a Memorandum of Understanding (MoU) with the University of Gibraltar. According to...

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