Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.
PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot
PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.
Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3
U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.
Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain
India’s telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.
Blockchain Could ‘Revolutionize’ Retail and CPG Industries: Deloitte
A Deloitte report suggests the retail and consumer packaged goods sectors could see benefits from blockchain integration across a number of use cases.
Bank of Russia Official: Still Too Early to Gauge Blockchain’s Potential
A senior official at Russia’s central bank has said blockchain technology is immature but may have industrial-scale applications.
Bangkok Bank Joins R3’s Trade Finance Blockchain Initiative
Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.
Chinese City to Use Blockchain In Fight Against Tax Evasion
Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.
Bank of Spain Governor: Cryptocurrencies Pose ‘More Risks Than Benefits’
Spanish central bank governor Luis Maria Linde believes cryptocurrencies are dangerous, but is open to blockchain technology.
German Stock Exchange Wants to Launch Bitcoin Products
Deutsche Boerse AG is assessing whether to offer cryptocurrency-related products, a company exec has said during an event.
Singapore Warns 8 Exchanges Over Unregistered Securities Trading
Singapore’s central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.
Norway’s Central Bank Mulls Digital Currency as Cash Use Declines
Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.
Norway’s Central Bank Mulls Digital Currency as Cash Use Declines
Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.
India Considers New Tax on Cryptocurrency Trades
India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.
India’s Supreme Court to Hold Crypto Lawsuit Hearing in July
The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.
Santander Conducts Proxy Voting Blockchain Pilot at AGM
Banco Santander has completed a blockchain pilot that it says improves the process of proxy voting during annual general meetings.
Infosys Partners with 7 Banks for Blockchain Trade Finance Network
IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.
Tel-Aviv Stock Exchange Turns to Blockchain for New Lending Platform
Accenture and Intel are to help develop a Hyperledger-based securities lending platform for the Tel-Aviv Stock Exchange.
Fed Governor Says ‘No Compelling Need’ for US Central Bank Crypto
Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is “no compelling need” for a Fed-issued digital currency.
Sberbank Buys Commercial Bonds Issued Over Blockchain Platform
Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain.