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Banking
Project Jasper White Paper Touts 'Significant Benefits' in DLT Payments
Bank of Canada and R3 have concluded that their Project Jasper initiative could provide a basis for building cash-based settlements systems in future.

When Not If? Banks Strike Optimistic Tone on Blockchain Impact
A conference in Dublin yesterday united representatives of major financial firms and regulators in discussions over blockchain's way forward.

New Banks Join UBS-Backed Blockchain Trade Finance Platform
Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM.

Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen
The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.

Icing on the Cake: R3 Launches Corda Distributed Ledger Version 1.0
Distributed ledger consortium R3 is releasing version 1.0 of its first major software offering, Corda, and celebrating with cake.

Two Fewer Tims: R3 Sees Key Employees Depart for New Ventures
Blockchain consortium R3 has lost two of its most public employees, Tim Grant and Tim Swanson, who are moving onto their own ventures.

US Regulator: Cryptocurrencies May Pose Risks, Rewards for Credit Unions
The top regulator for US credit unions said in a new report that cryptocurrencies pose both risk and reward for institutions in the industry.

Canada's Biggest Bank Tests Blockchain for Cross-Border Payments
Royal Bank of Canada (RBC), the largest bank in the country, is trialling blockchain technology for fund transfers to and from the U.S.

Mizuho CEO: Financial Firms 'Should Have Courage' to Take Blockchain Live
The president and CEO of the Mizuho Financial Group "megabank" has spoken out on the potential of blockchain to disrupt financial incumbents.

Bitcoin Businesses Face Bank Account Closures in Singapore
Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.
