Search Results for "oil trade"
R3 - Revolutionizing Trade Finance with Blockchain
R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.
Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist
The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.
What Is a Bitcoin ETF?
Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.
Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat
Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.
China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area
China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.
Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.
ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance
"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.
Cryptocurrency Payments now Accepted at Tifon Gas Stations in Croatia as Firm Hopes to Tap Tourist Trade
Croatia's Tifon is keen on introducing crypto payments to enable tourists to use Bitcoin and ETH to pay for fuel and other services at designated gas stations.
BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off
The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.
Jun 10: Who says only Irrational Investors trade Bitcoin?
FOMC tonight with consensus heading rather dovish. For example MS expects Fed to switch to a monthly program of Treasury QE at $80bn per month with a dovish bias in projections. Of course, Powell isn't going to offer much clarity in explicit forward guidance. With Nasdaq crossing 10k momentarily last night (just 2 minutes), the market is starting to get excited. Nikola, a electric truck company with 0 earnings, has more than doubled in share price from last week, is now actually worth close to $30 billion (more than Twitter?).
Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders
Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.