Blockchain
OCBC Bank Enters Into Long-Term Partnership With ADDX
Global private market exchange ADDX has entered into a long-term partnership with OCBC Bank that will see both parties work together to put out a wider variety of investment products. Through this partnership, ADDX will distribute OCBC’s first tokenised equity-linked
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Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs
Ripple, a blockchain and crypto solutions provider, has launched a new platform to enable central banks, governments, and financial institutions to issue their own central bank digital currency (CBDC). The Ripple CBDC Platform will be leveraging the same blockchain technology
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MAS, NY Fed Publish Report on Wholesale CBDC Study for Cross Border Payments
The New York Federal Reserve and the Monetary Authority of Singapore (MAS) has published the report on the findings of their cross-border payments study. The Project Cedar Phase II x Ubin+ (Cedar x Ubin+) experiment found that distributed ledger technology
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Ripple Snaps up Swiss Custody Provider Metaco in US$250 Million Deal
Ripple, a blockchain and crypto solutions provider, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology, for US$250 million. Through this acquisition, Ripple will be able to expand its enterprise offerings by diversifying into custody solutions
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Tenity Launches XRPL Accelerator in Singapore for Early-Stage Blockchain, Crypto Startups
Tenity, a fintech accelerator formerly known as F10, announced that it has become the first programme partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort. The XRPL Accelerator in Singapore run by
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Temasek Denies Crypto Firm Array’s Investment Claims
Singapore’s sovereign wealth fund, Temasek, has refuted claims that it made an investment in Array, a firm specialising in algorithmic cryptocurrency development. In response to recent news articles and a tweet from Array regarding an alleged investment by Temasek, the
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Mastercard Unveils On-Chain ID Framework for Web3 Payments
Mastercard has partnered with Web3 players on an on-chain identity and verification framework, focusing on payments, remittances, ticketing, and NFTs. The Mastercard Crypto Credential is designed to help companies, developers, and individuals to unlock the full potential of powering payments,
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Swift Completes Sandbox Testing of API-Based CBDC Project
Swift said that 18 central and commercial banks found “clear potential and value” in its API-based Central Bank Digital Currency (CBDC) connector. Following a 12-week period of collaborative sandbox testing, almost 5,000 transactions were simulated between two different blockchain networks
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What Fintechs Should Know About Central Bank Digital Currencies
Are you a bank or a non-bank fintech? With 11 countries already having launched their own Central Bank Digital Currencies (CBDCs) and more than 100 countries in the process of developing one, payment players are taking notice. OpenWay sheds light
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Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months
The Reserve Bank of Australia (RBA) will be launching its live central bank digital currency (CBDC) pilot in the next few months. The central bank has been collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project
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