12/16/2022
Banque de France, HSBC, IBM test interoperability of wholesale CBDC
HSBC also uses blockchain for its FX Everywhere service, a DLT solution for the netting and settlement of FX transactions and payments.
Bitcoin, Blockchain & AI
12/15/2022
Binance CEO Issues Staff Warning
Binance is the latest crypto giant to be placed in the spotlight following significant withdrawals and a reportedly delayed conclusion to a US investigation.
12/15/2022
Alibaba Cloud to Launch the Blockchain Node Service to Bolster Web3.0 Growth
Initially 100 users will be recruited in an open beta test for the launch of the Node Service, while a series of Web 3.0 Hackathon Campaigns will be held in Singapore, Japan, Thailand and Hong Kong early next year.
12/15/2022
AI, Real-Time Analytics Among Banks’ Top Tech Investment Focuses in 2022
Results from the study revealed close to 30 different technologies emphasised by business leaders.
12/14/2022
Bank of Italy selects Algorand to provide public blockchain platform for 'Digital Sureties' project
The new platform is expected to become operational in early 2023 and will be the first time an EU Member State enables the use of blockchain technology for bank and insurance guarantees.
12/13/2022
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, says Tokens ‘have not been shown to have any economic value at all’
The demise of certain cryptocurrency companies like FTX, which was one of the largest cryptocurrency exchanges, and also crypto lenders such as Celsius and Blockfi, has made analysts reassess the real contribution that cryptocurrencies have on the field o
12/13/2022
Canadian Securities Administrators strengthens crypto oversight
If a platform currently subject to securities legislation in Canada does not deliver a PRU to its principal regulator or cease operating, the CSA will consider all applicable regulatory options to bring the platform into compliance with securities law, in
12/13/2022
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, says Tokens ‘have not been shown to have any economic value at all’
The demise of certain cryptocurrency companies like FTX, which was one of the largest cryptocurrency exchanges, and also crypto lenders such as Celsius and Blockfi, has made analysts reassess the real contribution that cryptocurrencies have on the field o
12/13/2022
Bermuda digital bank launches USD stablecoin
Polygon currently facilitates the trades of 25 stablecoins, and will offer Jewel Bank its layer-2 Ethereum-based scaling solutions to provide real-time settlement.
12/13/2022
Crypto Platform Swaps.app Opts For TrueLayer Open Banking
The Swaps.app platform was founded in 2019 with a vision to make integrating cryptocurrency payments easier for companies of all sizes.
12/12/2022
Standard Chartered Bank: Bitcoin could fall to $5,000 next year
The Standard Chartered analyst clarified that the extreme scenarios outlined “have a non-zero probability of occurring in the year ahead, and … fall materially outside of the market consensus or our own baseline views.”
12/12/2022
Clear Junction announces launch of escrow accounts for fiat and crypto trading
The escrow accounts solution is open to Clear Junction clients and is designed for use by crypto exchanges who want to provide their clients with an additional layer of security.
12/09/2022
AI, blockchain technology to push the wealth management software market to new heights … eventually.
Researchers say the widening scope of wealth management software to cover everything from accounting and investment management to estate planning and retirement planning bodes well for the future.
12/09/2022
AI, blockchain technology to push the wealth management software market to new heights … eventually.
Researchers say the widening scope of wealth management software to cover everything from accounting and investment management to estate planning and retirement planning bodes well for the future.
12/09/2022
Bitso and Félix Pago team on crypto-powered remittances via WhatsApp
Initially for payments between the US and Mexico, the partners plan to expand to other countries in Latin America.
12/08/2022
PayPal readies for EU crypto push with Luxembourg roll out
"We are committed to continuing to work closely with regulators and policymakers in Luxembourg to meaningfully contribute to shaping the role digital currencies will play in the future of global finance and commerce."
12/07/2022
BNY Mellon invests in fixed income tech firm bondIT
Collaborating with bondIT will allow us to deliver innovative digital solutions for fixed income investors
12/07/2022
DeFi is expanding business among the next-gen via TikTok videos
Finance in Tiktok has become quite popular and is paramount for some youngsters.
12/07/2022
Vanguard Australia deploys blockchain tech for fund administration
The blockchain has gone live in Australia via a partnership between Vanguard, Grow and R3’s Corda.
12/07/2022
Stablecoin startup Membrane Finance reels in EU money licence and €2 million in seed financing
Set for launch in early 2023, EUROe takes a fiat Euro and transforms it into a 1:1 pegged digital currency that can be used in transactions on all major blockchains.