In a bid to encourage financial technology startups, the French central bank has launched a blockchain innovation lab. It mentioned that the technology’s potential needs to be explored and developed. Banque de France has attracted more […]
New York-based blockchain startup Axoni has raised $18m in a new funding. Axoni is one of a number of startups in the blockchain and distributed ledger space seeking to provide services to major financial firms. […]
The Securities and Exchange Commission is striving to better understand blockchain technology and its regulatory implications. A working group, based on the Digital Currency Working Group established in 2013, comprises at least 75 members from […]
Market operator ICAP will begin processing foreign exchange trades on blockchain in March. It will allow customers to track and value deals in the $1.7 trillion-a-day spot market. So, the London group, to be renamed NEX […]
The greatest obstacle to blockchain adoption in 2017 will be educating executives, 39% of whom don’t understand the technology, a Deloitte survey found. “It is fair to say that industry is still confused to a […]
Blockchain startup Digital Asset Holdings has developed a platform that uses “fingerprints” to mask private data in its distributed ledger. Privacy concerns have been the biggest obstacle to the financial industry adopting blockchain technology, which […]
Blockchain group R3 has changed its membership structure and dropped its funding target to $150 million from $200 million while offering member banks a 60% equity stake. While a number of banks are signing on, […]
Valerie Szczepanik, head of the Securities and Exchange Commission’s distributed-ledger working group, says the agency is getting more involved with emerging blockchain technology and how it affects the industry. “It should signify to the industry […]
The Korea Exchange (KRX), South Korea’s sole securities exchange operator, has launched a new service in which equity shares of startup companies can be traded on the open market. Called the Korea Startup Market (KSM), […]
The filing of patent applications for blockchain technology has accelerated in recent months, mostly by big banks, including Bank of America and Goldman Sachs. Financial institutions are likely to first use blockchain internally to cut […]
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