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SWIFT Calls Crypto “Useless,” Admits Fast Settlement Hurdles

A representative from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) told an audience at a breakfast briefing in London Monday that cryptocurrency networks cannot...

NGC Ventures Invests in Troy Network, a Protocol for Crypto Trading and Settlement

NGC Ventures, a crypto fund of one of a leading blockchain investment firm, has announced a strategic investment in crypto brokerage Troy Network. In...

Banks Eye Blockchain For Trade Settlement

Blockchain is gaining traction as a means to settle transactions done across borders.To that end, reported The Wall Street Journal (WSJ) this past week,...

UBS Leads New Blockchain Settlement Group

An emerging group of financial services firms led by UBS Group is looking to develop a crypto-based system to settle cross-border trades. Among the...

Banks Developing A Blockchain Settlement System

A slew of banks, including some of the largest in the world, are working together to develop a digital cash...

CoinCheck enables bitcoin settlement for Japanese crowdfund platform CAMPFIRE

Tokyo-based CoinCheck, Inc. a provider of bitcoin exchange and payment services announced today they will introduce bitcoin settlement to fellow Japan-based crowdfunding platform CAMPFIRE...

‘Blockchain is Not Ready to Replace Settlement Systems,’ Say Bank of Japan and European...

In December 2016, the Bank of Japan (BOJ) and the European Central Bank (ECB) launched a joint research project called “Stella” to “assess the...

DLT Not Ready to Replace Settlement Systems, ECB and BoJ Say

The central banks for Japan and the European...

Brazil’s Central Bank Considers Blockchain Settlement Prototype

Brazil's central bank has released a new research...

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