Latest Blockchain News: Finextra Research

Commerzbank makes blockchain-based trade finance transactions

Commerzbank has completed a blockchain-based Letter of Credit transaction for a client on the Contour digital trade finance platform.

27 July 2023

News/identity

Sam Altman's Worldcoin project launches

Worldcoin, Sam Altman's project to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned, has launched in several cities around the world.

24 July 2023

Research/BlockchainFuture of Report

The Future of Fintech in Africa 2023

20 July 2023 575 downloads

News/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.

07 July 2023

News/crypto

Mastercard pilots tokenized bank deposits

Mastercard has unveiled the latest step in its exploration of digital assets and blockchain technology, a ‘Multi-Token Network’ (MTN) that will act as a testbed for developing live pilots – beginning with tokenised bank deposits.

29 June 2023

News/crypto

Bitpanda crypto exchange spins out with €30m funding

Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel’s Valar Ventures.

29 June 2023

News/crypto

Schroders explores digital asset fund in Singapore

Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.

27 June 2023

News/crypto

Italian banks launch CBDC pilot project

The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC).

23 June 2023

News/crypto

Crypto.com gets licence in Spain

Cryptocurrency platform Crypto.com has been granted virtual asset service provider (Vasp) registration by the Bank of Spain.

23 June 2023

News/sustainable

Blockchain platform issues first digital green bond

The European Investment Bank (EIB) has issued its first digital green bond on a blockchain-based platform developed by SEB and Credit Agricole.

23 June 2023

Company update/payments

Mastercard expands Engage partner network to boost blockchain innovation

As our world continues to embrace new and emerging payments technology such as crypto, Mastercard is introducing a new track as part of its global Engage partner network to allow businesses to quickly launch and scale products that power the Web3 economy.

22 June 2023

Company update/regulation

Ripple gets in-principle approval in Singapore

Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS).

22 June 2023

News/crypto

US asset managers apply to SEC for bitcoin ETFs

The ongoing effort to persuade the SEC to approve crypto investment products continues, following news that many of the country’s largest asset managers, BlackRock, WisdomTree and Invesco, have applied to the SEC for permission to launch a spot bitcoin ETF.

22 June 2023

News/sustainable

EBAday: Banks are seeking new approaches to level up sustainable strategies

In the panel ‘Sustainable finance: Assessing shades of green across payments and banking’, hosted by Finextra’s own Madhvi Mavadiya, speakers explored how the European banking landscape is adopting sustainable strategies.

22 June 2023

Company update/payments

BVNK expands to Apac

BVNK, a global payments company, is pleased to announce its expansion plans for the Asia-Pacific (APAC) region. With the appointment of Anthony Man as the new General Manager for APAC, BVNK reinforces its commitment to the region's growth and potential.

20 June 2023

News/inclusion

Majority of consumers trust generative AI for financial planning

The majority (53%) of consumers trust generative AI technology to be used for its financial planning, suggests recently published research.

20 June 2023

Company update/markets

Delta Capita unveils DLT venture with Montis as anchor client

agora Digital Capital Markets (“agora”), the creator of the preissuance workflow collaboration tool - agoraPlatform, and Montis Group (“Montis”), a pioneer in Central Security Depository (CSD) utilities for digital securities, have agreed a strategic partnership to create an end-to-end platform for conventional and digital securities in the highly regulated fixed income markets.

16 June 2023

News/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

16 June 2023

News/payments

Colombian central bank partners Ripple for blockchain pilot

Colombia's central bank is testing how Ripple's new end-to-end CBDC platform could help boost the country's high-value payment system.

16 June 2023

Company update/markets

Fujitsu launches blockchain collaboration tech to build Web3 services

Fujitsu today announced the successful completion of a year-long pilot project which began in January 2022 for its proprietary "ConnectionChain" blockchain technology with the Asian Development Bank, blockchain vendor ConsenSys Software Inc., R3, and SORAMITSU, LTD demonstrating its effectiveness in streamlining and enhancing the safety of cross-border transactions of financial securities.

15 June 2023