September 27, 2018 7:16 PM The central European country will use blockchain technology in its next federal bond auction. Austria will hold an auction next Tuesday, October 2, to issue 1.15 billion euros (over $1.34 billion as of press time) in bonds managed by the Austrian Federal Financing Agency (OeBFA), according...
September 25, 2018 10:31 PM The Interbank Information Network (IIN), hosted on JP Morgan's Ethereum-based Quorum blockchain, now has 75 participating global banks benefiting from better data sharing using blockchain technology. On September 25, JP Morgan announced the expansion of its Interbank Information Network (IIN). Launched as a pilot in 2017,...
September 25, 2018 9:21 PM In its recently released quarterly report, the Bank of International Settlements looks at the reasons behind cryptocurrencies’ wide price swings and the possibilities for international regulation. On Sunday, the Bank of International Settlements, a coalition of 60 central banks, released its most recent quarterly report. The...
September 24, 2018 11:53 PM The IBM-developed blockchain has been designed to quickly identify the source of diseases such as E. coli. Retail giant Walmart has given all its suppliers of fresh greens a 2019 deadline to join the Food Trust blockchain platform developed by IBM. The blockchain is meant to...
September 20, 2018 10:57 PM After partnering with blockchain startup Coinfirm earlier in the year, the Polish bank will use blockchain technology to issue customer notifications about its product terms. In one of the first consumer banking blockchain utilizations of its size, PKO Bank Polski will use blockchain technology to notify...
September 19, 2018 11:58 PM Commodity traders, including Shell and Mercuria, are collaborating with a number of international banks to create a blockchain-based trade finance platform they hope will become the standard for the commodity trading industry. Based in Geneva, komgo SA is an Ethereum-based ConsenSys development that has grown out...
September 19, 2018 5:30 PM A watchdog agency is looking into six banks after the Brazilian Association for Cryptocurrency and Blockchain filed a complaint. Brazil's Administrative Council for Economic Defence (CADE) has opened an investigation into several of the country's largest banks over monopolistic practices that may restrict the operation of...
September 18, 2018 10:56 PM The chief accountant talks about why it's important for auditors to adhere to digital asset regulations, how to keep up with changing regulations, and how to pick clients. On Monday, Wesley Bricker, the head accountant for the US Securities and Exchange Commission (SEC) gave a speech...
September 13, 2018 9:38 PM To cope with demand, the agency has brought on more staff. On September 12, the director-general of the Strategy Development and Management Bureau of Japan's Financial Services Agency (FSA), Kiyotaka Sasaki, revealed to Reuters the agency has added 12 members to its current staff of 30...
September 12, 2018 9:32 PM Users of the new blockchain platform will not have to change their money at a bank when traveling internationally. Japan-based tech company SoftBank announced the development of a new blockchain-powered cross-carrier mobile payment service in a press release published on the company's website on September 12. The...