Latest News Of foreign exchange Tag
Interviews 9 May 2019
Overhauling ‘arcane’ finance sector with Bitcoin SV-powered DRIVE Pay
DRIVE Pay will run on the BSV blockchain, which will act as the anchoring ledger for the payments network, while the BSV crypto will be used as an intermediary currency to enable liquidity.
Business 25 April 2019
Chinese regulator turns to blockchain for cross-border trade finance
The State Administration of Foreign Exchange in China is trialing a trade finance platform powered by blockchain, in the latest move from a centralized agency towards embracing the technology.
Tech 15 February 2019
HSBC slashes forex costs with blockchain
The firm confirmed it had reduced costs for its forex business by as much as 25%, in what analysts describe as an example of the importance of distributed ledger technology to banks and their bottom lines.