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SWIFT – Exploring Tokenized Assets

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) will enter the digital asset market in Q1 of next year, conducting a trial to explore how it may play a role in the still nascent asset tokenization market. SWIFT is a…

Middle East – The New Crypto Hotspot?

After officially allowing the trading of crypto assets in the Dubai World Trade Centre free zone in September, the Middle East is now taking more serious steps toward supporting the virtual asset ecosystem and the tech space at large. Authorities…

Visa Delves Deeper into Crypto

The payments giant Visa has deepened its commitment to supporting the crypto ecosystem by establishing partnerships with over 60 leading crypto platforms to make it easier for its consumers to spend digital currencies. The partnerships include well-known platforms such as…

SEBA Launches Regulated Gold Token

SEBA– a Swiss-based crypto bank – has recently launched a regulated gold token that customers can trade for physical gold on demand. This offering is the newest product in the company’s line up, which includes several new decentralized finance (defi)…

Global Banks Adopting Blockchain Technology

Global banks Wells Fargo and HSBC have announced they’ve begun using blockchain technology to settle bilateral foreign exchange (FX) trades. The technology will be used to settle transactions in USD, CAD, EUR and GBP with plans to extend the initiative…