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Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat

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.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?

India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen

Ripple and The SEC’s Joint Letter Reveals that a Pretrial Settlement Is Unlikely to Happen

Per the official court order, Ripple and the SEC has submitted a letter presenting their arguments ahead of the pre-trial court date.

Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain

Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain

Consultancy firm Accenture has partnered with blockchain technology firm R3 and multinational software firm SAP to produce a prototype that uses distributed ledger technology to allow real-time gross settlements.

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

An Australian-based blockchain energy firm has bought a 250kW photovoltaic system, which will use the firm’s new energy data management and settlement system to offer greater transparency on renewable energy sold to consumers.

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.

Blockchain Projects in China Are All Hype and No Chain?

Blockchain Projects in China Are All Hype and No Chain?

Blockchain projects from the very beginning have been hyped before any real substance or proof of work. This was a trend in 2017 following countless exit scams and initial coin offerings (ICOs) that had great plans to change the world, but ultimately only changed people’s bank accounts for the worst.

Hong Kong with its Incredibly Unique Positioning in FinTech

Hong Kong with its Incredibly Unique Positioning in FinTech

In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.

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