Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD
PAX stablecoin tokens can now be instantly redeemed for U.S. dollars, the company announced Go to Source Powered by WPeMatico
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Binance-Backed Crypto Bank Appoints Deutsche Bank Executive as New CEO
Binance-backed crypto bank Founders Bank appointed former Deutsche Bank executive Kenan Altunis as its new CEO Go to Source Powered by WPeMatico
Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients
Nordea is now allowing small and medium-sized enterprises to use its blockchain platform we.trade Go to Source Powered by WPeMatico
BitGo Hires Wall Street High-Frequency Trader as Head of Financial Services
Blockchain security and cryptocurrency custody firm BitGo has appointed a Wall Street high-frequency trader as its head of financial services Go to Source Powered by WPeMatico
Direct Descendant of Italian Banking Dynasty Medici to Launch Blockchain-Friendly Bank
A direct descendant of a 15th-century Italian banking dynasty is launching a new bank focused on “digital-centric commerce and investing” Go to Source Powered by WPeMatico
Over 50 Banks Simulate Letter of Credit Transactions on R3’s Blockchain in 27 Countries
A simulation of letter of credit transactions has been carried out by over 50 banks in 27 countries on six continents on R3’s blockchain platform Go to Source Powered by WPeMatico
Eight People Allegedly Arrested for Money Laundering Scheme Involving Crypto in Spain
Spanish law enforcement arrested eight people for allegedly operating a money laundering scheme involving cryptocurrencies Go to Source Powered by WPeMatico
Major Austrian Bank Raiffeisen Joins R3 Corda-Powered Global Trade Finance Network
Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance Go to Source Powered by WPeMatico
Bank of Thailand’s CBDC Project Prototype Is Being Finalized by R3 and Wipro
Bank of Thailand and eight commercial banks will soon test interbank real time gross settlement by using a wholesale CBDC Go to Source Powered by WPeMatico
Malaysia’s Stock Exchange to Develop Blockchain PoC for Security Borrowing and Lending
A blockchain-enabled security borrowing and lending proof-of-concept is about to be carried out by Kuala Lumpur stock exchange Bursa Malaysia Go to Source Powered by WPeMatico