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Banking News

Banking is any kind of business activity conducted by a bank, such as accepting deposits and creating credits, and other financial services. Banking is an old industry which has been around since ancient times. Banks in their current form (or at least similar to it) first appeared in Italy, during the period of Renaissance. Since then, banking has undergone many centuries of evolution, developing new kinds of services and financial techniques. Thanks to the advances in computer hardware and software over the past decades, a lot of banking is now done online.

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News
South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform.
South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System
Adrian Zmudzinski
2019-08-03T18:27:00+01:00
3836
News
The Bank of China released on its website an infographic illustrating what is Bitcoin, how it works, and why it is valuable.
Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up
Adrian Zmudzinski
2019-07-27T10:07:00+01:00
30431
News
The Palestinian government plans to use cryptocurrency as an alternative to the Israeli shekel fiat currency, according to the country’s prime minister.
Palestinian Authority Considering Crypto to Replace Israeli Shekel
Adrian Zmudzinski
2019-07-22T16:08:00+01:00
7103
News
South Korea’s leading credit card firm Shinhan Card has been granted a patent for a blockchain payments system.
South Korea’s Biggest Credit Card Patents Blockchain Payments System
Adrian Zmudzinski
2019-07-15T12:12:00+01:00
10227
News
South Korean technology behemoth LG applied for the “ThinQ Wallet” trademark with the United States Patent and Trademark Office.
LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the US
Adrian Zmudzinski
2019-07-09T14:59:00+01:00
4827
News
The People’s Bank of China blockchain trade finance solution processed $4.36 billion in foreign exchange transactions since its inception.
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
Adrian Zmudzinski
2019-07-08T17:31:00+01:00
4789
News
Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches.
President Maduro Orders Bank of Venezuela to Accept Petro Crypto
Adrian Zmudzinski
2019-07-04T18:24:00+01:00
14298
News
Nobel laureate in economics Joseph Eugene Stiglitz claimed that “every currency is based on trust, but only a fool would trust Facebook’s Libra.”
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
Adrian Zmudzinski
2019-07-03T12:51:00+01:00
6654

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