UK Finance launches pilot for tokenised sterling deposits

UK Finance launches GBTD pilot with six banks to test tokenised sterling deposits until 2026. Quant Network to power digital pound pilot, exploring payments, remortgaging and bond settlement. FCA readies crypto rules by 2026 as UK tests tokenised deposits for safer, efficient transactions.

380 +

OrangeDX and Kima Network Partner to Enable Seamless Crypto–TradFi Settlements

OrangeDX, the leading Bitcoin DeFi hub, has recently announced forming a strategic partnership with Kima Network, a decentralized settlement protocol.

487 +

Cycle Network and RISE Chain to Offer Real-Time, Bridgeless Cross-Chain Liquidity

The collaboration intends to provide an inclusive liquidity infrastructure, marked by the merger of real-time performance and secure cross-chain settlement.

403 +

FalconX joins Lynq digital settlement layer as launch partner

FalconX has joined Lynq as a launch partner, alongside other major industry players such as Galaxy, Crypto.com, and Wintermute. FalconX, a leading institutional crypto trading and prime brokerage platform, has joined Lynq, a real-time interest-bearing settlement network, as a launch…

271 +

AgriDex executes first on-chain farmland deal on Solana network

AgriDex annnounced the first on-chain farmland transaction on the Solana network was successfully completed. The deal consists of a $165,000 land purchase in Zambia. The purchase was settled immediately at no cost using AgriDex’s digital settlement system. AgriDex is a…

282 +

Starknet announces plan to bridge Bitcoin and Ethereum on a unified layer 2

Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation’s Bitcoin roadmap, published on Mar.

362 +

Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup with Succinct’s SP1

Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem.

307 +

Mastercard and JP Morgan Team up to Enhance Cross Boarder Payments

Mastercard and JP Morgan are collaborating to enhance B2B cross-border payments by providing faster settlement and more transparency. Mastercard’s multi-token network will integrate with JP Morgan’s Kinexys Digital Payments (formerly called Onyx) to power cross-border payments.

324 +

Mastercard and J.P. Morgan team up for better blockchain payments

Mastercard’s Multi-Token Network has integrated with J.P. Morgan’s Kinexys Digital Payments to improve the efficiency of business-to-business cross-border transactions. This collaboration enables mutual customers to use a single application programming interface for seamless settlement, enhancing the speed and transparency of…

363 +

Swift’s tokenized fund settlement pilot with UBS and Chainlink deemed a success

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.

467 +

Blockchain-Based Investment Platform Assetera to Offer Tokenized Assets on Polygon

Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.

216 +

Ether.fi chooses Scroll as its L2 settlement layer, announces crypto-based credit card

Ether.fi's integration with Scroll could significantly boost Scroll's TVL and position it as a leading layer-2 network, enhancing crypto's utility. The post Ether.fi chooses Scroll as its L2 settlement layer, announces crypto-based credit card appeared first on Crypto Briefing.

181 +

Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank

The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.

347 +

Stacks (STX) poised for recovery as game-changer Nakamoto upgrade approaches

Stacks (STX), one of the top layer2 solutions on the Bitcoin ecosystem, plans to unveil its Nakamoto upgrade on Wednesday, August 28. The upcoming update marks a crucial milestone for Stacks Network as it will revolutionize the Bitcoin DeFi market through swift transaction settlement.

468 +

What’s Next For The Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST?

394 +

Horizen Labs Launches zkVerify – The Most Efficient Modular Blockchain for ZK Proof Verification

Horizen Labs is proud to announce the official launch of zkVerify, a dedicated zero-knowledge proof verification network designed for settlement optimization. 

376 +

JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger

Major banks collaborate on a shared ledger PoC to streamline tokenized asset settlements, aiming for a 24/7 interoperable network. The post JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger appeared first on Crypto Briefing.

376 +

Mastercard, Citi, JPMorgan, Visa Test Distributed Ledger Solutions for Settlements

Mastercard, Visa, JPMorgan, and Citigroup have launched the Regulated Settlement Network, integrating multiple financial elements to revolutionize settlements and enhance efficiency using Distributed Ledger Technology (DLT).

432 +

Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein

Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.

437 +

Major Australian Bank Pioneers Cross-Chain Tokenized Asset Settlement with Avalanche and Chainlink

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.

363 +

AVAX surges 8% after token chosen as tokenized asset settlement by Australia’s bank

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.

336 +

Particle Network introduces modular L1 blockchain for a multi-chain ecosystem

Particle Network’s modular L1 blockchain is a universal settlement layer for a multi-chain ecosystem. It features Chain abstraction and Universal Accounts. Particle Network has introduced its modular Layer-1 blockchain, an upgrade powered by chain abstraction and universal accounts to make user experience across blockchains easier.

371 +

Why Circle USDC is quitting Tron, and what it means for $TRX and $GFOX prices

Over the past few years, Tron ($TRX) has been the most used blockchain network for stablecoin settlement. However, in a shocking move, Circle has announced its decision to end support for its USDC stablecoin on the Tron blockchain.

467 +

SEC staff reportedly unhappy with Gensler over Kim Kardashian ‘publicity stunt’

The United States SEC’s enforcement staff are reportedly unhappy with Chairman Gary Gensler over his “publicity stunt” concerning the recent settlement fine paid by Kim Kardashian, Fox Business Network’s Charles Gasparino reported on October 5.

334 +

EMAX skyrockets as Kim K. pays $1.26m SEC fine: Top places to buy EMAX 

Celebrity and influencer Kim Kardashian paid the SEC a $1. 26 million fine for not disclosing that her EthereumMax posts were promotional. While the network was not directly involved in this settlement, it saw its token EMAX gain 96% in 24 hours on the news.

355 +

Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network

Impel is pleased to announce today that bitcoin (BTC) has been added to its ISO 20022 financial messaging API as optional collateral for making payments. This addition enables BTC to be used in the instant settlement process for traditional banking services and other organizations that utilize the new ISO 20022 messaging standard.

478 +

Hxro Network Launches Derivatives Alpha on Solana Mainnet

Hxro Network , a fully composable, on-chain derivatives primitive that provides core exchange, risk and settlement infrastructure, today announced it has launched the alpha version of its...

359 +

Fantom upgrades network to boost scalability and decentralization

Fantom, one of the fastest growing EVM-compatible layer-1 blockchain platforms, has announced significant upgrades to the network intended to boost settlement speed and scalability. The upgrades include London Upgrade EIP-1559, with 30% burn of transaction fee; “Lachesis Light Repeater” (LLR), a new iteration of the network consensus algorithm that ensures light-weight stateless syncing; and Snapsync, […] The post Fantom upgrades network to boost scalability and decentralization appeared first on Invezz.

303 +

Celsius Stops 'Earn' Product For US Customers

The ripple effect of February’s $100 million BlockFi settlement with the SEC continues, with Celsius Network ending its Earn product for new unaccredited investors in the US.

363 +

Knox Wire’s New Decentralised System to Facilitate Instant Payments

Knox Wire is set to empower the financial industry with a global real-time gross settlement system. The network’s focus helps address two major aspects of communication and cross-border payments between financial institutions.

402 +

OKEx Now Features Latin American Fiat Gateway with Latamex

OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies.

645 +

Privacy blockchain Enigma launches mainnet; settles with SEC over ENG token

Enigma, a decentralized, open-source protocol that lets anyone perform computations on encrypted data, today announced two significant events related to the development of the Enigma network. The Enigma team has reached a settlement with the US Securities and Exchange Commission (SEC), and the first Enigma mainnet was successfully launched on February 13th, 2020.

362 +

Blockchain Settlement Network Startup Clear Raises $13M Led By Fidelity VC Arm

Clear, a blockchain startup located in Israel has raised approximately $13 million in the just concluded Series A round to develop a high volume payment platform to enable cross-border payments, Cointelegraph reports.

382 +

Real-Time Payment Network Transparent Raises $14M From Pantera, Jack Dorsey’s Square

Transparent Financial Systems is in the process of creating a decentralized compensation settlement system. The startup, based in Seattle just finished their Series A fundraising round which saw a total of fourteen million dollars raised.

415 +

Bitcoin’s Lightning Network Gets Boost, Lightning Labs’ Latest App

Bitcoin’s Lightning Network is quickly improving in terms of usability. Lightning Labs released a beta version of “Loop,” settlement software that makes interacting with the network easier.

363 +

Pantera, Square Join $14M Series A for Real-Time Payments Startup Transparent

The Seattle-based startup sets out to bring real-time settlement to financial infrastructure through a cryptographically secured, distributed payment network.

412 +

First Private Bank Joins Turkey’s Digital Gold Blockchain Network

Garanti BBVA has announced that it is the first and only private bank to join Turkey’s digital asset blockchain network. The BiGA Digital Asset Transform Platform was developed by Istanbul Clearing, Settlement and Custody Bank (Takasbank), and was officially launched just before the New Year.

412 +

Bitcoin's Liquid Network will serve as enterprise settlement layer for near future

Bitcoin's Lightning Network and Liquid Network have been making headlines for quite a while now. The latter being a sidechain-based settlement network and the former being a second-layer payment protoThe post Bitcoin's Liquid Network will serve as enterprise settlement layer for near future appeared first on AMBCrypto.

411 +

What is Ripple? | The Ultimate Beginner’s Guide

Ripple is a distributed open source internet protocol that facilitates a real-time gross settlement system (RTGS), currency exchange, and remittance network. Ripple is most often used by banks and other financial institutions to fortify their operational infrastructure.

593 +

Ripple’s Real-Time Settlement Tech Gets Recognition by US Consumer Financial Protection Bureau

Ripple (XRP), which is a real-time gross settlement system and currency exchange network known for its use in cross-border payments was recently mentioned in an official US CFPB document. Most of the content in this document was based on changes and the future of remittance markets.

417 +

Binance Latamex creates a fiat gateway for customers in Latin America

Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network.

603 +

NGC Ventures leads multi-million funding for decentralised trading protocol, Troy Network

NGC Ventures leads multi-million funding for decentralised trading protocol, Troy Network » CryptoNinjas NGC Ventures, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms, has announced a strategic investment in Troy Network, the decentralized protocol for global trading and settlement.

516 +

Tether запустила стейблкоин в сети Liquid Network от Blockstream

Ведущий поставщик биткоин- и блокчейн-решений компания Blockstream и Tether запустили стейблкоин USDT в сети Liquid Network. We’re excited to announce the launch of the industry’s largest stablecoin, Tether (USDt), on the #LiquidNetwork.

417 +

Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades

Nevada-based Prime Trust has launched a real-time settlement service for crypto and fiat transfers among clients.

410 +

Blockstream Green wallet now supports L-BTC

Blockstream, the blockchain and bitcoin development company, has announced that its recently launched premium bitcoin wallet Blockstream Green, now supports its Liquid Network across both iOS and Android (and coming soon to desktop).

496 +

RippleNet’s new software update offers ‘bunch of functionalities’ to partners, claims Ripple executive

Recently, RippleDrop released an extended video of its latest episode, with the main focus being on RippleNet’s software update, the global payment settlement network. In the episode, Craig DeWitt, Director of Product Management, was asked how the software update on RippleNet improved customer service.

369 +

Ripple: RippleNet welcomes two to three financial institutions on an average each week

Ripple, a leading FinTech company that enables cross-border settlement, recently announced that the firm has expanded its operations to Brazil, the largest country in South America. The announcement also gave insight into the growth of its payment settlement network.

608 +

Mutual Funds Network Calastone’s ‘Real-Time’ Blockchain Platform Is Live

Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.

308 +

Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.

1018 +