Distributed ledger technology (DLT)
HK and Thailand launch next phase of cross-border CBDC project
CBDC-based payments can cut costs and boost speed, HKMA and Bank of Thailand study shows
Barclays finds blockchain nirvana in USC
Utility Settlement Coin could transform financial markets, but first its backers must prove it is secure, says the bank
GFMA: expect new trade lifecycle technology to surface in 2020
FX industry will see more use cases for algos, AI, distributed ledger technology and order routing
Knight tapped to lead Baton’s Emea expansion
Citi veteran to head Emea as California-based firm opens London office
Bankers are ignoring crypto assets’ flaws – expert
Technologists are more worried than financiers by problems, expert tells IMF panel
Central banks urged to adopt DLT-based CBDC
Industry figures argue central bank money needed for token-based securities settlement, but central bankers sceptical
Baton hires Choussy as it eyes scale and client expansion
Choussy has been appointed president and chief operating officer
Quant Lipton pans Facebook’s Libra
Former Bank of America exec sees more potential in rival projects, such as utility settlement coin
Best post-trade services provider of the year: Baton Systems
Baton Systems voted Best post-trade services provider
UBS exec: first trades via USC could take place this year
Risk Live: utility settlement coin project backed by group of banks moving “incredibly fast”
FSB weighs options for tackling rise of non-banks
Randal Quarles says strict regulation necessary if crypto assets such as Libra are used widely
LSEG provides tools to another crypto exchange
On top of AAX deal, LSEG is doing design study with second crypto market about to launch
IBM: interbank currency blockchains should address emerging markets
Banks and fintechs, including USC consortium, vie to build distributed networks for FX transactions
HSBC looks to AI to unearth data patterns around commercial activity
As DLT initiative brings forth more data, the bank is looking to improve services for corporate clients
Crypto winter doesn’t spell end for blockchain investments
Despite the downfall of ICOs, investors are banking on blockchain transforming many industries
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
Puth takes up adviser role at R3
The former CLS CEO will serve as strategic adviser to the digital ledger technology firm
LMAX Digital seeks licence to operate in Gibraltar
The move comes on the back of booming volumes on the platform
Dutch central bank and regulator call for AML law for crypto assets
But regulations should change to make crypto asset financing easier for small firms – DNB
Veteran central banker Christian Noyer joins SETL board
Former Banque de France governor brings decades of global finance insight to the blockchain firm
HSBC settles millions of FX transactions with DLT
The bank is exploring using the technology to help corporates manage FX flows better
2019: a year for innovation and technology
No longer weighed down by regulatory concerns, the FX industry can focus on innovation for its own sake
CLS: mitigating settlement risk is crucial as volatility rises in 2019
Geopolitical factors expected to drive markets this year