Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says Go to Source Powered by WPeMatico
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South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says Go to Source Powered by WPeMatico
ConsenSys has acquired a SEC-registered broker-dealer Heritage to further reinforce its advisory and broker-dealer expertise Go to Source Powered by WPeMatico
Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability to tokenize virtually anything via SLPs (Simple Ledger Protocol tokens) … Read more
Spanish banking giant Santander has just redeemed a $20 million bond that was issued in September via the Ethereum blockchain Go to Source Powered by WPeMatico
HSBC has partnered with Singapore’s state investment firm Temasek and Singapore Exchange to explore distributed ledger tech in the Asian bonds market Go to Source Powered by WPeMatico
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why … Read more
Santander has issued a $20 million bond directly onto the Ethereum blockchain, where it will remain until the end of its one-year maturity Go to Source Powered by WPeMatico
A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native tokens across the crypto space. The near … Read more
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with a bank-to-bank blockchain network. At the same time, the World Bank’s bond scheme has … Read more
About $15 trillion or 75 times the Bitcoin market cap is currently tied up in negative yielding bonds Go to Source Powered by WPeMatico