FinTech Futures: Top five stories of the week – 21 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Customer accounts without funds will be closed on 9 May, Paxos says.
PayPal is hoping to get a clearer understanding of the evolving regulatory landscape, Bloomberg reports.
Named Crypto Source, the new offering is being developed in partnership with Paxos.
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Paxos Standard is “the world’s first regulated crypto asset”.
The partnership between central securities depositary Euroclear and Paxos for a blockchain-powered gold settlement service is over, according to Reuters. As Banking Technology reported last year, the pair completed their first pilot for the service for London bullion – with a go-live planned for this year. Over 600 OTC test bullion trades were settled on […]
ICAP, a UK-based financial services firm, is jumping on the bandwagon and getting ready to process foreign exchange (FX) trades on blockchain, according to the Financial Times. As Banking Technology reported earlier this year, ICAP’s post trade risk and information division completed a proof of technology test case for blockchain – so its interest is […]