#banks

A project from Colombia's Financial Superintendence aims to clarify how future interactions between banks and virtual asset service providers (VASPs) will be managed. Before accepting virtual asset service providers as clients, banks must f

According to an article published by Business Insider , Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report claims that a single bitcoin transaction consumes as much electricity

Digital currencies may solve some the legal cannabis industry’s woes by becoming an alternative to cash payments. Despite recent state-level ballot initiatives across the US that legalizes marijuana in one form or another, the drug still re

Wall Street continues to have a tenuous relationship with Blockchain technology. Large banks have recently made statements both for and against the new technology, with some companies like Bank of America already pursuing patents. Problem w

Swift is one step closer to adopting blockchain. After months of work, a team of developers at the inter-bank payments platform have completed a proof-of-concept built with the Hyperledger Fabric blockchain. Designed to test whether moving