Bitcoin Blockchain and Cryptocurrency News Center
As the CoinDesk announced, the Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before taking the tech live. Announced today, U.K.-based Barclays is among the global banks participating in the test, while the other 14 were not named. […]
U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via a new method of simultaneous crypto and fiat storage. Specifically, reference […]
As the Coindesk reported, American banking giant PNC has joined the growing number of financial institutions using payments products from blockchain startup Ripple. The bank’s Treasury Management division will begin accepting cross-border transactions using the firm’s xCurrent product, Ripple’s senior vice president, Asheesh Birla, told CoinDesk Wednesday. One of the top-10 largest banks by assets […]