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14 Italian Banks Complete Interbank Transactions on R3 Blockchain Corda

A consortium of Italian banks has successfully completed the initial trial of a blockchain-based system aimed at enhancing interbank operations. Known as the interbank Spunta Project, the 14 banks chose the Corda distributed ledger technology…
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Brazil Moves to Probe Banks After Crypto Exchanges Denied Services

Brazil’s antitrust watchdog is investigating whether the major banks in the country worked together to close off access to cryptocurrency services. The Administrative Council for Economic Defense (CADE), an official wing of the Brazilian…
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Indian Government Approves Bank’s Blockchain Research

The Republic of India may be taking a deeper look at how it can use blockchain technology. India’s Union Cabinet – an executive decision-making body composed of senior government officials and led by Prime Minister Narendra Modi – said…
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Business Owner of Crypto Generating Bike Has Accounts Frozen by Barclays and HSBC

Barclays and HSBC have allegedly blocked three accounts of a U.K.-based electric bike retailer for having traded Bitcoin for cash through a popular P2P trading platform hours earlier. The alarming situation comes five months after crypto exchange…