Sberbank and Alfa Bank, in Russia, are offering cryptocurrency investment products to their customers. As a result, their customers are able to create a diversified portfolio of cryptocurrencies as well as other blockchain-based tokens. The exchanges which these banks are using are Kraken and Bitstamp. The banks are providing the...
Banks accountable for roughly 50% of India’s inner transaction have combined in an association which intends to present blockchain technology to obtain faster trades and lessens barriers to approving new financial loans. According to Abhijit Singh, head of technologies in ICICI Bank Ltd, one among those association founders stated...
Today 14th May, HBSC makes its first trade blockchain transaction. This is a major step taken by banking sector to try the blockchain technology. According to the FT, The transaction was for Cargill a food and agricultural group. This was done by Dutch bank ING together with HSBC and it...
In a recent report, the Bank of Montreal(BMO) of Canada has decided to tighten its security against cryptocurrency trading and will not entertain any sort of transactions made using Interac debit card for the purchase of cryptocurrency. This news was leaked when an email interaction of spokesperson from a...
