‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever

“All the Banks Are Broke,” and they’ve only got worse. Quantitative easing forever? The threat of cryptocurrencies will disrupt the financial sector.  A video from 2013 depicting a European minister’s tirade against the global banking system has recently re-emerged and gone viral. Gaining massive traction within the crypto community, the speech is now more relevant […]

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German Bank to Offer Tokenized Securities Based on Stellar – CoinDesk

One of the oldest banks in Europe is developing a special-purpose euro stablecoin that can facilitate private placements in tokenized securities. Munich-based Bank von der Heydt, established in 1754, announced Monday it had partnered with blockchain financial services provider Bitbond to help integrate tokenization into its established securitization platform. The partnership will allow the bank […]

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State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial – CoinDesk

One of America’s oldest banks is eyeing the latest technology in a bid to appeal to clients. Boston-based State Street Corp. announced Tuesday that it’s partnering with cryptocurrency exchange and custodian Gemini Trust on a new pilot that examines reporting scenarios for digital assets. The trial will track a reporting process for bitcoin and ether […]

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