Bank of America Merrill Lynch explores using a blockchain for trade finance
The corporate and investment banking division of Bank of America, Bank of America Merrill Lynch, is reportedly developing a blockchain-based experiment for trade finance transactions.
The world’s top bank weighs in on digital currencies
The Bank for International Settlements is the central bank to the world’s central banks, and until now they have been quiet on the subject of Bitcoin. Today their opinion on the matter is revealed with the release of their own report.
Bitcoin technology can be used to reimplement and possibly improve upon the banking system
There are many practical applications of blockchain technology for banks and other financial institutions. Failing to embrace the new technology[ might make the old network obsolete](http://tpbit.blogspot.ca/2014/12/crypto-success-vs-bitcoin-success.html).
Dutch Central Bank Researcher, “Ordinary People Benefit From Price Stability”
The reinvent.money conference recently hosted a range of speakers with a focus on the future of our monetary system. Head Researcher of the Dutch Central bank Jakob de Haan, discussed the need for price stability and tackled questions on bitcoin.
Barclays Accepting Bitcoin Donations for Charities
British megabank Barclays becomes the first big bank to accept bitcoin deposits, at least for the purposes of charitable donations.
Dutch State Owned Bank Calls Bitcoins Technology ‘The Next Big Thing’
The head of innovation at ABN Amro, a bank owned by the Dutch government, recently stated that the technology behind Bitcoin “won’t be an incremental change. It will be a complete paradigm shift.”
American Bankers Association Proposes State Regulatory Framework for Virtual Currencies
The [American Bankers Association](http://www.aba.com/) (ABA) has proposed a draft model of regulatory framework for virtual currency activities such as Bitcoin to the [Conference of State Bank Supervisors](http://www.csbs.org/) (CSBS).
