Wells Fargo said that this moves comes as its effort to improve the cross-border settlements among its internal global payments network.
Deutsche Bank will be joining JP Morgan’s blockchain platform - Interbank Information Network - as part of measure to cut down on interbank settlements costs and time.
Citing massive demand in open-interest contracts, the CME Group wants to double the trade offering to individual traders from 1000 contracts currently to 2000 contracts going ahead.
Facebook is facing tough times convincing global regulators and getting them on the same page for its Libra project. While the Swiss regulator holds a balanced approach to deal with Libra, France sees it as a threat to national sovereignty.
The central bank of Netherland has warned all crypto companies operating in the country to get self-registered before the next year’s deadline.
Following increased investor demand, the US-based Gemini Exchange has finally announced Gemini Custody, a full-service custody platform for institutional investors.
Jay Clayton said that although the SEC is getting closer for an Bitcoin ETF approval the industry has still to work on effective storage solutions and tackle issues of market manipulation.
With its entry in Korea’s emerging blockchain industry, LG seems to raise the competition-bar higher.
The PBoC executive said that the Digital Yuan will have special features built-in giving it an edge over Facebook’s Libra.
The Apple executive said that cryptocurrency is interesting and it holds a long-term potential.