2025-2-21 19:52 |
ECB advances DLT-based settlement in Central Bank money origin »
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Swift, the global bank messaging network, announced on Nov. 5 that it has concluded a pilot program to streamline tokenized fund settlement and redemption using fiat currency on its network in collaboration with UBS Asset Management and Chainlink.
2024-11-6 18:35 | |
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Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant’s Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International’s blockchain-based Whale platform, The Asian Banker has learned. According to a…
2024-11-5 14:33 | |
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Bank of England warns that failure to modernize central bank money could shift wholesale settlements to private assets, potentially risking financial stability. A Bank of England executive warns that failing to adapt central bank money to emerging technologies could push…
2024-10-3 16:25 | |
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The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.
2024-9-5 00:23 | |
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Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.
2024-8-30 19:35 | |
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India central bank’s Michael Debabrata Patra warns CBDC could be falsely considered as a “safe haven,” increasing bank run risks. Central bank digital currencies, touted for their potential to enhance financial inclusion and reduce settlement risks, may also pose significant…
2024-8-13 13:42 | |
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The collective entities known as “Abra” and CEO William “Bill” Barhydt have reached a settlement with 25 US state regulators for offering crypto trading services without securing appropriate licenses, according to the Conference of State Bank Supervisors (CSBS) June 26 press release.
2024-6-27 02:02 | |
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SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company did not create its own CBDC but instead developed an interlinking solution for existing CBDCs — dubbed the SWIFT connector.
2024-3-26 04:00 | |
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Leading Australian bank ANZ has unveiled a collaboration with Avalanche and Chainlink to explore cross-chain settlement of tokenized assets, as highlighted in a post shared by Avalanche. This initiative aims to connect the Avalanche network with Ethereum, enabling the seamless circulation and settlement of tokenized assets globally.
2024-3-26 00:30 | |
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Australia’s banking giant, ANZ, in a partnership with Chainlink Labs, has unveiled a successful cross-chain settlement of tokenized assets on the Avalanche network. In a blog announcement on Mar.
2024-3-26 14:55 | |
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Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.
2024-3-7 14:27 | |
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Binance Holdings is in talks with the U. S. Justice Department (DOJ) to resolve allegations of criminal activities, including money laundering, bank fraud, and sanctions violations, via a settlement that could exceed $4 billion, Bloomberg News reported Nov.
2023-11-20 21:28 | |
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The Monetary Authority of Singapore (MAS) is planning a pilot program where it would issue a “live” central bank digital currency (CBDC) for wholesale interbank settlement next year, according to a Nov.
2023-11-16 16:25 | |
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The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.
2023-11-16 12:54 | |
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The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.
2023-11-5 12:31 | |
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The Eurosystem has published a survey on its plans for trials and experiments on new technologies for wholesale central bank money settlement. The survey aims to gather feedback from market participants and stakeholders on the potential benefits, challenges, and use…
2023-10-18 12:10 | |
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After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well.
2023-9-27 19:58 | |
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People get into crypto for all sorts of reasons. Most people come for the massive gains but stay for the politics and economics. A recent survey conducted by the BIS (Bank of International Settlement) shows that crypto holders are, on average, far better educated than non-holders of crypto.
2023-9-6 01:04 | |
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The Bank for International Settlement (BIS) has warned about potential crypto-related risks, including liquidity, volatility, and capital flow, that might discourage emerging market economies (EMEs).
2023-8-23 23:18 | |
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Israeli citizen Esther Freeman has settled a two-year legal dispute with Hapoalim Bank, which had refused to accept deposits from her Bitcoin profits due to regulatory concerns. The specific terms of the settlement are undisclosed.
2023-8-10 19:15 | |
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The Bank of England (BoE) has released a new paper that explores the use of Ripple’s Interledger Protocol for synchronized settlement of payments. The new step taken by the Bank of England shows the increasing interest of central banks in…
2023-8-2 12:36 | |
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The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country.
2023-7-20 00:40 | |
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The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset tokenization and DeFi for traditional banks.
2023-7-5 12:27 | |
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The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
2023-7-6 10:36 | |
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The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
2023-7-5 10:36 | |
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The central bank wants to see innovative interventions in financial markets – but under existing rules.
2023-6-30 12:04 | |
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Shanghai Clearing House, a financial institution under China’s central bank, has introduced digital yuan clearing and settlement services for commodity trading, enhancing cross-border transactions and promoting the internationalization of China’s currency.
2023-6-26 16:35 | |
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Ram Ahluwalia, the CEO of PeerNova, recently commented on the liquidity challenges the crypto market faces. According to Ahluwalia, the lack of a crypto bank settlement layer has led to a significant drying up of liquidity, hurting market makers and other participants in the industry.
2023-5-16 05:00 | |
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Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies.
2023-4-28 11:56 | |
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Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments.
2023-4-20 00:05 | |
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Coinspeaker Bank of England and BIS Completes Project Meridian for DLT Settlement Program The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions.
2023-4-19 19:05 | |
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The experiment, called Project Meridian, shows it's possible to settle large synchronized transactions in central bank money, a report said.
2023-4-19 10:30 | |
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Hong Kong’s ZA Bank, which is the largest virtual bank in the city, has announced its plans to expand into the cryptocurrency market by offering services for digital assets. The bank will enable token-to-fiat currency conversions over licensed exchanges and act as a settlement bank for clients to allow withdrawals in Hong Kong, China, and […] Сообщение ZA Bank in Hong Kong now offers cryptocurrency conversions and accounts as part of the city’s push towards digital assets. появились сначала на Coinstelegram.
2023-4-13 21:57 | |
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The move follows interest in securities trading using central bank digital currencies.
2023-3-30 14:28 | |
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Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds.
2023-3-23 15:45 | |
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Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
2023-3-7 02:47 | |
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The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds.
2023-3-7 19:30 | |
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BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade.
2023-1-17 10:38 | |
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In the first quarter of 2023, the Russian central bank will look into two potential cross-border CBDC settlement methods.
2023-1-11 10:39 | |
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The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
2023-1-10 04:34 | |
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People get into crypto for all sorts of reasons. Most people come for the massive gains but stay for the politics and economics. A recent survey conducted by the BIS (Bank of International Settlement) shows that crypto holders are, on average, far better educated than non-holders of crypto.
2022-12-19 13:31 | |
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The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated market makers (AMMs), according to a November 2 blog post.
2022-11-3 19:12 | |
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The Reserve Bank of India will begin its wholesale e-rupee pilot project on Nov. 1 with a focus on settlement of secondary market transactions in government securities.
2022-11-1 14:44 | |
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In a press release on Wednesday, the Swedish Central Bank ( Sverige Riksbank) announced that in partnership with the central banks of Norway and Israel, along with the Bank of International Settlement (BIS), they were launching ‘Project Icebreaker’; a joint…
2022-9-30 23:47 | |
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According to Bank of England Deputy Governor Jon Cunliffe, as reported by Reuters, using the blockchain technology that underpins crypto assets to provide rapid trading and settlement across all financial markets is not desired given the difficulties it would provide.…
2022-9-28 16:29 | |
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According to Fabio Panetta, an executive European Central Bank (ECB) official, the regulator is considering a uniform platform compatible with the existing interbank settlement system. ECB Eyes Distributed Ledger Technology for Efficiency In a move to improve the efficiency of…
2022-9-27 03:00 | |
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The head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility.
2022-6-18 16:15 | |
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Three associations regulated by China's central bank launch initiative to take control of NFT space in China, which excludes using top three cryptos for payment
2022-4-13 16:46 | |
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The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
2022-4-9 10:18 | |
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BlackRock has launched its first Bitcoin ETP in Europe, marking its debut in crypto-linked ETPs outside North America, with a temporary 10 basis point fee waiver. American financial giant BlackRock is stepping into the European crypto market with its first…
Europe appears to be leading the way in the financial industry’s transition to crypto. Institutions throughout Europe are responding to the United States’ crackdown on crypto-friendly banks by enhancing their efforts to foster a more hospitable environment for digital assets.
Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings. White-label exchange-traded fund provider HANetf is offering traders in Europe new ways to speculate on crypto by…
The world's largest asset manager is set to expand its Bitcoin footprint internationally with a new exchange-traded product in Switzerland.
Bringin founder and CEO Prashanth Chandrashekar has created a product that makes it easier for Europeans to live on a bitcoin standard and to onboard to Bitcoin.
Binance Pay and web3 payments provider xMoney have partnered to advance crypto payments in Europe. The strategic partnership will leverage blockchain technology to bring pay with crypto to over 20,000 businesses in the EU.