The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
Mutual Funds Network Calastone’s ‘Real-Time’ Blockchain Platform Is Live
Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
BitGo Offers Institutional Clients New Off-Chain Settlement System
BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.
Tata Settles Securities Between 2 National Depositories on a Blockchain
India’s second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.
Tokenized Securities: Curb Your Enthusiasm
Tokenized securities hold promise, but we shouldn’t overlook how hard it is to spin up new markets.
Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a “world’s first.”
Singapore’s Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore and the nation’s stock exchange have developed a blockchain-based settlement system for tokenized assets.
Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.
Telecoms Giants BT, Telefonica and Telstra Join Blockchain Settlement Trial
Colt and PCCW Global have added notable new members to a blockchain trial that automates normally labor-intensive wholesale settlements.
Thai Bank Extending Ripple Remittances to Euro and Pound
Thailand’s Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.