The Internal Revenue Service got approval from a federal court in California to collect two years of information from Coinbase, the blockchain company, about its American users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Royal Mint of the U.K. and CME Group of the U.S. are teaming up to create a digital platform for dealing in gold, based on blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New York-based startup R3 CEV originally sought to raise $200 million in its first funding round, but banks involved in the blockchain consortium expressed interest in investing just $59 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While more banks and businesses are delving into and even getting comfortable with the idea of blockchain, some businesses are removing themselves from it. Sort of. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Goldman Sachs has decided to drop out of the R3 CEV blockchain group, letting its membership lapse as of Oct. 31, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lo and behold, blockchain has entered the grocery aisle — especially if you’re perusing certain aisles at Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
If we’re to “follow the money,” then we best see that connection to blockchain. Each week, a new bank seems to launch a new initiative infused with blockchain. This week, OCBC Bank announced that it is venturing a cross-border payments and fund transfers initiative by employing...
PwC announced Monday (Nov. 14) the launch of a new FinTech offering dubbed Vulcan Digital Asset Services. The service enables digital assets to be used for banking, commerce and other asset-related services, PwC said in a press release. Get the Full Story Complete the form...
Blockchain may be building bridges quicker than expected. Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next...
