settlements News
Latest settlements News
The Monetary Authority of Singapore (MAS) is set to launch a live pilot of a CBDC for wholesale interbank settlements, marking a significant step in the integration of digital currencies into mainstream banking operations.
Financial markets infrastructure provider, Depository Trust & Clearing Corporation (DTCC), is exploring the possibilities of utilizing distributed ledger technology (DLT) for digital asset tokenization and optimizing settlement processes. Improving Settlement and Token Security According to Finextra, New York-headquartered financial market…
In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between…
According to a Crowdfund Insider report published on September 8, 2019, major Pakistani bank, Faysal Bank Limited (FBL) has partnered with fintech firm, Ripple Inc. to launch a blockchain-powered digital payments solution. Enabling a Blockchain Economy One of Pakistan’s largest…
According to an article published by Bloomberg on August 23, the reason why XRP price has been falling during 2019 could be due to a continuous sale of XRP by Ripple. In response, people have started an online petition on…
The Australian Securities Exchange (ASX) stated on Tuesday, September 4, 2018, that it will delay its transition to blockchain technology by six months to allocate more time towards user development and testing. ASX Extends Timeframe According to Reuters, the ASX…
U.K.-based Global Markets Exchange Group (GMEX Group) has announced the integration of uClear, a real-time clearing and settlement platform that uses blockchain technology. Launched today, uClear is a product of uTrade Solutions, based in India, that enables real-time clearing and…
In a seminar titled “Blockchain: The Financial Challenge of our Time” hosted by CNBC and the Singularity University, former JPMorgan executive and one of the most powerful women on Wall Street, Blythe Masters, gave an exclusive talk about bitcoin, its…