Foreign Exchange

Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report

EUR/USD, the most liquid currency pair globally, tracked bitcoin higher following the Tesla news.

Markets  ·  12 February 2021

Vanguard to Go Live on Symbiont’s Blockchain Platform for Foreign Exchange in Q3 2020

Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange transactions.

Business  ·  26 June 2020
Banks

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Business  ·  28 November 2018
XRP

British FX Firm Currencies Direct Pilots Ripple Tech

Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

Business  ·  29 May 2018
Banking

Commerzbank Conducts €500k FX Transaction Using R3’s Corda

Thyssenkrupp successfully conducted a foreign exchange transaction using R3's Corda blockchain in partnership with Germany's Commerzebank.

Business  ·  24 May 2018