LONDON (Reuters) – Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday. The platform will Read more…
FRANKFURT (Reuters) – The European Central bank has no plan to issue a digital currency because the underlying technology is still fragile and the use of physical cash still high in the euro zone, the Read more…
NEW YORK/ZURICH (Reuters) – The Tezos cryptocurrency project is preparing to launch the long-awaited main version of its network that underpins a new virtual token on Monday, a Swiss foundation that promotes the initiative said Read more…
HANOI (Reuters) – Grab announced on Tuesday its partnership with Vietnam’s Moca Technology and Service company (Moca) for a mobile payment service in Vietnam, as the ride-hailing firm pushes to cement its position in the Read more…
LONDON (Reuters) – The European Union’s banking watchdog said guidelines being drawn up for nurturing cross-border FinTech companies will include recommendations for the core design of a “sandbox” and innovation hub. The sandbox, or controlled Read more…
(Reuters) – Goldman Sachs Group is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar Read more…
(Reuters) – Australian markets operator ASX said on Tuesday it has delayed its switchover to blockchain technology by six months to devote more time for user development and testing. Last year, ASX said it would Read more…
FRANKFURT (Reuters) – Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said on Monday, weighing in on one of the biggest debates in modern central banking. With much of the Read more…
Line Corporation announced that it has launched its first digital token, Link, backed by its own blockchain network, Link Chain, for use within Line’s dApps ecosystem. Unlike other cryptocurrencies or digital tokens, Link will not make an Read more…
HONG KONG (Reuters) – At least a dozen banks, FinTechs and telecom firms are lining up to get a piece of Hong Kong’s retail and small business banking market as the regulator prepares to award Read more…
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