Blockchain

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/Blockchain

Intermex taps Ripple for cross-border payments between the US and Mexico

Sending global payments should be easy and cost-effective. Yet, the underlying systems are complex and fragmented, leading to high foreign transfer fees and costly delays.

/Blockchain

UBS extends post-trade technology partnership with GBST

UBS in Australia has extended its partnership with global financial technology provider GBST to include the Syn~ post-trade automation platform.

Envoy scores $13m to scale up blockchain trade finance platform

/Blockchain

Envoy scores $13m to scale up blockchain trade finance platform

Blockchain-based supply chain and trade finance startup Envoy Group is looking to expand beyond Latin America after securing a $13 million investment from Alcedo Digital Ventures.

/Blockchain

Citi set for go-live on Cobalt post-trade network

Cobalt, the foreign exchange (FX) post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading.

/Blockchain

Broctagon partners with Hashstacs in its integration with Singapore’s blockchain project

Singapore-based Broctagon Fintech Group has announced a partnership with enterprise blockchain technology provider, Hashstacs, to help bring blockchain in Singapore to more commercial usage.

Baton Systems raises $4m for DLT-based bank payments tech

/Blockchain

Baton Systems raises $4m for DLT-based bank payments tech

Baton Systems, a provider of DLT-based bank-to-bank payments middleware for connecting disparate ledgers - both on and off a blockchain - has topped up its recent $12 million funding round with an extra $4 million from VC Illuminate Financial.

Landmark lawsuit sees bitcoin from ransomware attack frozen

/crypto

Landmark lawsuit sees bitcoin from ransomware attack frozen

A ransom payout of nearly £1 million in bitcoin lodged with Bitfinex has been frozen by the UK High Court in what is deemed a landmark case for the status of crypto assets.

/crypto

Coinbase names Google vet Surojit Chatterjee chief product officer

Today we’re announcing that Surojit Chatterjee is joining Coinbase as our new Chief Product Officer after spending 11 years at Google.

/Blockchain

Figures names former Coinbase COO Asiff Hirji as president

Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced that financial services veteran Asiff Hirji has been named President and is already in place at the company’s headquarters.

Indian central bank digital currency proposed

/crypto

Indian central bank digital currency proposed

Indian non-for-profit organisation, the National Institute for Smart Government (NISG), has proposed a digital rupee in its draft National Strategy on Blockchain.

/crypto

Blockchain.com ties up with Turkish lira

Blockchain.com, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on the Blockchain.com Exchange.

UK finance industry faces urgent skills crisis

/Blockchain

UK finance industry faces urgent skills crisis

Urgent action is needed to tackle a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Revenue which warns the industry is in for a bumpy ride in the face of the technological revolution and Brexit.

World Economic Forum publishes CBDC framework

/crypto

World Economic Forum publishes CBDC framework

The World Economic Forum (WEF) has put together a policy-maker toolkit designed to help central banks investigating the creation of digital currencies.

Bank-backed blockchain trade finance platform Contour launches

/Blockchain

Bank-backed blockchain trade finance platform Contour launches

Contour, the blockchain-based trade finance platform backed by a host of big name banks, has made its commercial launch.

One in five people could have access to central bank digital currencies within three years

/crypto

One in five people could have access to central bank digital currencies within three years

Central banks collectively representing a fifth of the world's population say they are likely to issue a general purpose digital currency in the next three years, according to a survey from the Bank for International Settlements.

Davos 2020: WEF unveils digital currency governance consortium

/crypto

Davos 2020: WEF unveils digital currency governance consortium

The World Economic Forum (WEF) has launched a global consortium for digital currency governance, bringing together tech firms, financial institutions, governments, technical experts and NGOs.

Ripple boss hints at IPO

/crypto

Ripple boss hints at IPO

Ripple CEO Brad Garlinghouse has hinted that the blockchain-flavoured payments network could go public, with an IPO in the next 12 months.

Japan to look at issuing digital yen

/crypto

Japan to look at issuing digital yen

Japan is the latest country to announce intentions to launch a digital currency, Reuters has reported.

Deutsche Bundesbank: DLT offers "substantial benefits" for collateral management

/Blockchain

Deutsche Bundesbank: DLT offers "substantial benefits" for collateral management

Deutsche Börse and Deutsche Bundesbank have issued an optimistic assessment of the use of distributed ledger technology in the management of bank collateral.

Vodafone quits Facebook's Libra project

/crypto

Vodafone quits Facebook's Libra project

Vodafone has become the latest Associate Member to quit Facebook's beleaguered digital currency project, Libra.

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