Banking

According to research from CryptoUK, nearly three-quarters of crypto companies in the United Kingdom are forced to open foreign bank accounts.

With digital currencies like libra, tech giants may not just be supplementing banks, they're joining the club.

What exactly is shadow banking? And how expansive is the web of third-party payment processes that prop up some of the space’s most popular exchanges?

Japanese authorities believe that holders of about 7 billion yen have made efforts to conceal their crypto transactions.

In a March 17, 2019, ruling, judge Limor Bibi wrote that the bank's policy was too broad. It is "unreasonable," he wrote, for banks to adopt a "sweeping policy" under which they ban all activity related to bitcoin or other cryptocurrencies.

The current approach is a logistical “nightmare" for cities, the state and legal marijuana businesses, says the group. Paying taxes in cryptocurrencies like bitcoin could be a solution.

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state.

The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question.

A new venture involving institutional heavy hitters from across banking, trading and energy sectors is tapping into the Ethereum blockchain to settle commodity trades.