The banks will experiment with cross-border settlements of two wholesale CBDCs and a French digital financial instrument on a distributed ledger technology platform.
The Paxos Settlement Service has been built with blockchain tech to speed up stock-trade settlement.
Custody tech provider METACO and forex trading platform Cobalt want to rewire the financial system to handle cryptocurrency.
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
The bank has signed on to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm.
The trial seeks a faster, more transparent clearing system and involves some of the country's largest banks.
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.
The funding will help the Boston-based Arwen expand its non-custodial settlement system, potentially to institutional players.
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
Internet startup Blockchain of Things has agreed to pay $250,000 to settle with the SEC over its $13 million ICO.
Middleton organized the unregistered $14.8 million Veritaseum (VERI) initial coin offering, and is further accused of market manipulation post-ICO.
Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space.
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
The Australian Securities Exchange has released its 2019 financial report, offering insight into its upcoming distributed ledger settlement system.