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Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the  Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.

BNY Mellon Joins Marco Polo Trade Finance Consortium

BNY Mellon Joins Marco Polo Trade Finance Consortium

The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”

South Korea Is Looking to Put Trade Finance on the Blockchain

South Korea Is Looking to Put Trade Finance on the Blockchain

The South Korean government wants all trade to be on the blockchain, Coindesk reports.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China

Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China

Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.

Russian PM Considers Digital Assets for Cross Border Payment

Russian PM Considers Digital Assets for Cross Border Payment

Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.

What Is a Bitcoin ETF?

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.

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

A PayPal user leveraging the financial payment platform’s new crypto features is left indignant after his digital currency trades were flagged.

Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans

Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans

Despite the market plunge, Argo Blockchain recorded increased Bitcoin mining revenues in June. Argo said the success has been attributed to the increased Bitcoin mining produced by S19J Pro machines.

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital is making an entry into Asia with five new partnerships, including crypto exchange Bitkub, asset management firm Dream Trade, blockchain investment firm FBG Capital, venture firm IOSG Ventures and digital assets financial services provider Antalpha.

Global Supply Chain Financing: A New Era of Resilience and Diversification

Global Supply Chain Financing: A New Era of Resilience and Diversification

Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.

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