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Latest Results from /markets

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US FS giants explore multi-asset settlement using share ledger tech

A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.

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KfW to issue blockchain-based digital bond

German bank KfW is preparing to issue its first blockchain-based digital bond in the form of a crypto security in accordance with the German Electronic Securities Act (eWpG).

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Danske Bank invests in United Fintech

Danske Bank has become the third institutional investor to invest in United Fintech, following in the footsteps of Citi and BNP Paribas.

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Robinhood Crypto warns it could face SEC action

Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.

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JPMorgan unveils IndexGPT investing tool

JPMorgan Chase is using OpenAI’s GPT-4 model for a range of thematic investment baskets, according to Bloomberg.

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Digital Token Identifier to monitor crypto-derivative risk across G20

The Digital Token Identifier Foundation (DTIF) has announced that its Digital Token Identifier (DTI) will be deployed for the regulatory reporting of digital asset derivative trades across the G20.

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Binance founder Changpeng Zhao gets four month prison term

The founder of crypto exchange Binance, Changpeng "CZ" Zhao, has been sentenced to four months in prison in the US after pleading guilty to violating anti-money laundering requirements.

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Revolut vets launch crypto exchange

A group of former Revolut staffers have raised $6.5 million for hybrid cryptocurrency exchange X10.

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Alphabet and Microsoft shares soar thanks to AI investments

Share prices of Big Tech companies Google and Microsoft shot up on Friday, a result of large investments in artificial intelligence (AI) that led to immediate revenue returns.

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Visa develops dashboard to make sense of stablecoin activity

Visa has teamed up with blockchain data provider Allium Labs to build a dashboard that helps people make sense of stablecoin activity.

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Deutsche Börse backs private market trading platform Forge for European launch

Forge, the operator of a marketplace for trading in private companies, has launched in Europe with the support of Deutsche Börse.

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NextGen Nordics 2024: NPC promoting innovation and harmonisation in the Nordics

NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.