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settlement

DTCC launches private blockchain platform Project Ion (Sophie Backes, Unsplash)
Wall Street Giant DTCC Launches Private Blockchain in Big Crypto-Milestone for TradFi
Project Ion is now processing an average of over 100,000 equity transactions a day using distributed ledger technology.
DTCC launches private blockchain platform Project Ion (Sophie Backes, Unsplash)

(Mark Van Scyoc/Shutterstock)
SEC Settles With Media Companies for $539M Over Alleged Illegal Digital-Asset, Stock Offerings
The SEC estimated thousands of investors purchased GTV stock and digital assets dubbed G-Coins or G-Dollars.
(Mark Van Scyoc/Shutterstock)

Geneva Switzerland
Bank of France, Swiss National Bank Begin Cross-Border CBDC Experiment
The banks will experiment with cross-border settlements of two wholesale CBDCs and a French digital financial instrument on a distributed ledger technology platform.
Geneva Switzerland

Bank of America
Bank of America Joins Paxos Network Eyeing Same-Day Stock Trade Settlement
The Paxos Settlement Service uses blockchain technology to speed up the process of completing transactions.
Bank of America

diagram
These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges
Custody tech provider METACO and forex trading platform Cobalt want to rewire the financial system to handle cryptocurrency.
diagram

Chase Bank
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
Chase Bank

shutterstock_509967826
Vietnam's HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates
The bank has signed on to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm.
shutterstock_509967826

Central Bank of Argentina
Argentina's Central Bank Trials Blockchain for New Interbank Settlement Layer
The trial seeks a faster, more transparent clearing system and involves some of the country's largest banks.
Central Bank of Argentina

Hong Kong view from Victoria Park
Legacy Trust's Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
Hong Kong view from Victoria Park

Hong Kong ships
New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.
Hong Kong ships