Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India Go to Source Powered by WPeMatico
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UK Financial Watchdog Blacklists Clones of Two Major Financial Firms
The British financial regulator, Financial Conduct Authority, has blacklisted two clones of financial firms, including one posing as Goldman Sachs Go to Source Powered by WPeMatico
CME’s Bitcoin Futures Hit New Records
Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone when it surpassed 33,000 contracts ($1.3 billion notional value) … Read more
VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform
The vice president of the largest Brazilian bank revealed that local banks are preparing to introduce a unique blockchain platform on June 12 Go to Source Powered by WPeMatico
Visa Launches Global Cross-Border Network Based on Certain Aspects of Blockchain
Global payment giant Visa has launched a network for cross-border payments that is partially based on blockchain technology Go to Source Powered by WPeMatico
Russia May Build Offshore Destination for Cryptocurrencies, Exchanges and Forex
Russia may build a large financial center on the island of Bolshoy Ussuriysky Go to Source Powered by WPeMatico
Vast Majority of DApps for Finance Built on Ethereum Blockchain
Ethereum developers are dominating the finance DApp space according to a recent Binance study Go to Source Powered by WPeMatico
4 Reasons why Utility Settlement Coins are no Threat to Bitcoin
Banks have begun showing an increasing interest in alternative solutions for overseas transfers. A new trial by over a dozen banks will explore the concept of USCs, or utility settlement coins. While this sounds somewhat innovative, one has to wonder how things will play out exactly. So far, it seems unlikely this new method will … Read more
Russia’s Third Largest Food Retail Firm Uses Blockchain-Based Open Trade Finance Platform
Russia’s third-largest food retailer, Dixy, has implemented an Ethereum blockchain-enabled trade finance platform for factoring services Go to Source Powered by WPeMatico
Think Tank Tells Swiss National Bank to Launch Swiss Franc Token, Embrace DLT
Switzerland’s national bank should work with big industry players to develop a Swiss franc token, a think tank says Go to Source Powered by WPeMatico
