Royal Bank of Scotland Trialing In-House Cryptocurrency
Royal Bank of Scotland (RBS) is experimenting with its own in-house cryptocurrency, says the bank's technology chief.

Royal Bank of Scotland (RBS) is experimenting with its own in-house cryptocurrency, says the bank's technology chief.
RBS is a subsidiary of the Royal Bank of Scotland Group, which also includes NatWest and large Irish commercial bank Ulster Bank.
Neil Bellamy, head of technology, media and telecoms, told The Memo that RBS had created, traded and settled its currency between the group's banks.
Commenting on the potential of blockchain technology, Bellamy added:
"It's a pipe dream, but imagine if you could take a distributed ledger system and put it in a back office and do away with a lot of that legacy infrastructure. A lot of people think we're going to be very wary and defensive or shy away from some of this newer cryptocurrency [sic] but I think the actual process and the sentiment behind it could be very exciting."
In the report, Bellamy also said that a cryptocurrency company had used one of RBS' technology solution centres – utilized by businesses to test the viability of their products in a life-like environment – to test their bitcoin distributed ledger technology.
The reports come after RBS's chief administrative officer, Simon McNamara announced that the bank was trialling Ripple technology as part of its £3.5bn technological revamp in June and the bank partnered with distributed ledger startup R3 CEV last month.
RBS image via Nessluop / Shutterstock.com
Más para ti
Protocol Research: GoPlus Security

Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
BTC, Nasdaq Futures Drop as Oracle Earnings Revive AI Bubble Fears

Oracle shares tanked after the firm revealed an earnings miss.
Lo que debes saber:
- Bitcoin slipped below $90,000 as traders treated the Fed’s rate cut as a sell the news event, unwinding optimism that had been priced in ahead of the decision.
- Oracle shares fall 12% on earnings and capex guidance, yet credit market signals suggest a repricing of risk rather than distress.











