Settlement
Blockchain of Things Pays SEC $250,000 to Settle Unregistered ICO
Internet startup Blockchain of Things has agreed to pay $250,000 to settle with the SEC over its $13 million ICO.
SEC in Settlement Talks With 'Fraudulent' ICO Organizer Reg Middleton
Middleton organized the unregistered $14.8 million Veritaseum (VERI) initial coin offering, and is further accused of market manipulation post-ICO.
Acquisition Marks Broadridge Financial's First Foray Into Crypto Services
Broadridge Financial Solutions has bought a startup offering products that serve the cryptocurrency and crypto derivative space.
Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
ASX DLT System 'On Track,' Says Annual Report
The Australian Securities Exchange has released its 2019 financial report, offering insight into its upcoming distributed ledger settlement system.
Russian Central Bank to Consider Gold-Backed Cryptocurrency
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 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.
