Latest Blockchain News: Finextra Research

BM Technologies agrees to buy a bank

Fintech BM Technologies has agreed to buy community business lender First Sound Bank in a $23 million deal.

15 November 2021

Singapore Fintech Festival 2021: Web 3.0 on the horizon

A key focus for Singapore Fintech Festival 2021 was Web 3.0. Loosely defined, Web 3.0 is the next stage in the evolution of the Internet that would ensure that information can be processed with human-like intelligence with technologies such as big data and machine learning.

10 November 2021

News/crypto

Coinbase shares dip on Q3 results

Shares in Coinbase dived more than seven per cent in after hours trading after the cryptocurrency exchange posted third quarter results that missed market expectations.

10 November 2021

News/sustainable

Blockchain can be a boon for green finance - BIS

The Bank for International Settlements (BIS) Innovation Hub is reporting a positive case for the use of distributed ledger technology in streamlining the green bond issuance process, while making it easier to track projects' positive environmental impact.

09 November 2021

News/crypto

Banque de France reports back on wholesale CBDC programme

The Banque de France has published an upbeat report on its series of experiments with a wholesale CBDC but says its work has also thrown up new questions.

08 November 2021

News/crypto

Deloitte: 64% of young collectors are interested in NFTs

Deloitte has just released the 7th edition of its Art & Finance report, which reveals that the majority of young collectors (those under 35) believe blockchain technology, big data, analytics, and artificial intelligence will transform the way business is conducted in the art world.

05 November 2021

News/crypto

CommBank pilots crypto service for customers with Gemini and Chainalysis

Commonwealth Bank (CBA) is to become Australia’s first bank to offer customers the ability to buy, sell and hold crypto assets, directly through their banking app.

03 November 2021

News/wholesale

SETL open sources blockchain code

SETL is open sourcing its blockchain toolkit Portl in an effort to speed up adoption of distributed ledger technology by banks who have been wary of trusting their core ledger to a proprietary platform.

27 October 2021

News/crypto

DBS joins Hedera Governing Council

DBS has become the first bank in South East Asia to take a seat on the Hedera Governing Council, establishing a network node on the enterprise grade distributed public ledger.

27 October 2021

News/crypto

Facebook pilots Novi, but without Diem

Facebook is launching a small pilot for its Novi digital app. However, it does not involve the Diem stablecoin, instead utilising the USDP (Pax Dollar) through partnerships with Paxos and Coinbase.

19 October 2021

News/crypto

France tests CBDC issuance in treasury bond blockchain trial

A consortium of institutions led by Euroclear have completed a test run of the use of central bank digital currency (CBDC) for settling French treasury bonds on a blockchain.

19 October 2021

News/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

14 October 2021

News/crypto

Coinbase preps NFT marketplace

Coinbase is joining the NFT party, creating a decentralised marketplace where users can mint, collect and trade non-fungible tokens.

12 October 2021

News/crypto

R3 acquires stablecoin issuance platform Invo

Enterprise blockchain outfit R3 has acquired the technology and team of financial asset tokenization specialist Ivno, expanding its capabilities in the digital assets and currency space.

12 October 2021

News/Sibos

McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC

McKinsey’s annual Global Payments Report released on day one of Sibos 2021, outlines a positive, albeit unbalanced, return to growth across the sector after Covid-19, underscoring the action firms should take in anticipation of widespread digital currency adoption.

11 October 2021

News/crypto

Banco Hipotecario and Open Bank Project bid to facilitate bitcoin adoption in El Salvador

In the wake of El Salvador's embrace of bitcoin, one of the country's leading banks has enlisted the company behind the Open Bank Project to help facilitate adoption of the cryptocurrency.

07 October 2021

News/crypto

MoneyGram and Stellar team on instant crypto-to-cash transfers

Having tipped its nose at Ripple, MoneyGram has formed a partnership with rival blockchain network Stellar to support instant money transfers using the USDC stablecoin.

07 October 2021

News/markets

Deutsche Börse bids to reinvent post-trade with DLT-based D7 project

Deutsche Börse is preparing for the phased launch of a new cloud-backed and DLT-ready platform, D7, paving the way for same-day-issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, payment and asset servicing for digital securities.

06 October 2021

News/crypto

SBI, Sygnum and Azimut launch $75 million digital asset venture fund

SBI Group, Sygnum and Azimut Group have created a $75 million venture capital fund to invest in start-up companies in the digital asset sector.

01 October 2021

News/crypto

Visa bids to make digital currencies interoperable

Visa is working on a 'universal payment channel' (UPC) that enables interoperability between different digital currencies such as CBDCs and private stablecoins.

30 September 2021