Australian financial regulator AUSTRAC is trialing blockchain technology to automate reporting of cross-border transactions by institutions.
Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain
Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.
Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
Blockchain Remittances Face Efficiency Hurdle, Says Taiwan Central Bank
A trialed blockchain system for interbank clearance was not as efficient as the current centralized system, says a central bank report.