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Coinbase and Barclays Part Ways, Will UK Users Be Affected?

It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank. While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant

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Barclays Leads $5.5 Million Funding Round for Blockchain-Based Invoice Exchange

United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz's blockchain-based global invoice exchange, according to a press release on May 28.According to the report, the blockchain-based technology will purportedly make invoice processing more efficient by

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Barclays and RBS Have Reduced the Real Estate Transaction Process Four Times: Who Benefits?

Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully tested a blockchain project that will speed up real estate transactions.Such a solution can provide transparent and fast operations for the end user, R3 officials say. However, is it already possible

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Former Barclays Exec Joins Fidelity Investments to Work on Digital Assets

A former executive of British investment bank Barclays, Chris Tyrer, has joined Fidelity Digital Assets, the crypto platform of American financial services corporation Fidelity Investments, Finance Magnates reported on April 30.Tyrer began working on digital assets for Fidelity Investments after serving over 13 years at Barclays as Head of

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Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021

Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11.Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new revenue stream for Facebook, aiding its share price that tanked amid a series

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Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend

Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11.In the round, the firm raised $1.7 million from investors — also including Techstars, Mahindra Finance, 2020 Ventures and 8 Decimal

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Crypto Exchange ErisX Appoints Three New Execs From Barclays, YouTube, CBOE

Crypto exchange ErisX has appointed three veterans from Barclays, Youtube and the Chicago Board Options Exchange (CBOE) to fill executive roles at the company. The development was announced in a press release published Feb. 7.As reported, ErisX is a reboot of traditional futures market Eris Exchange, and is expected to

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