Settlement
Bank of France, Swiss National Bank Begin Cross-Border CBDC Experiment
The banks will experiment with cross-border settlements of two wholesale CBDCs and a French digital financial instrument on a distributed ledger technology platform.
Bank of America Joins Paxos Network Eyeing Same-Day Stock Trade Settlement
The Paxos Settlement Service uses blockchain technology to speed up the process of completing transactions.
These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges
Custody tech provider METACO and forex trading platform Cobalt want to rewire the financial system to handle cryptocurrency.
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
Vietnam's HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates
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.
Argentina's Central Bank Trials Blockchain for New Interbank Settlement Layer
The trial seeks a faster, more transparent clearing system and involves some of the country's largest banks.
Legacy Trust's Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.
Jill Carlson, Meltem Demirors Back $3.3M Round for Non-Custodial Settlement Protocol Arwen
The funding will help the Boston-based Arwen expand its non-custodial settlement system, potentially to institutional players.
Few Banks Will Touch Crypto Firms, but Silvergate Wants to Touch Bitcoin Itself
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves.
