Circle announced that Binance has invested $100 million in Circle’s stock in a private placement at a 5% discount price. The investment coincides with a new five year deal between the two companies, although in reality it extends last year’s deal by a year, the third rewrite in under two years. Circle pays Binance monthly
It is also the first digital bond to be listed on the Singapore Exchange (SGX), highlighting the growing adoption of distributed ledger technology ( ...
It represents established financial institutions beginning to use distributed-ledger infrastructure with settlement anchored in central bank money.
The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launching Pontes to allow wholesale tokenised asset transactions to settle in central bank money. ECB brings Central Bank money to tokenised market Pontes is designed as a bridge between distributed ledger networks and the Eurosystem’s TARGET
The purchases will be settled in central bank money through Pontes, the Eurosystem's settlement system for distributed ledger technology-based ...
... distributed-ledger technology (DLT), while not being a unique asset class. According to the IMF, these deposits are written off as bank ...
TL;DR The European Central Bank has launched Pontes, a wholesale settlement service for tokenized financial assets. Pontes settles transactions in central-bank money through TARGET Services and DLT interoperability. The system is institutional infrastructure and is separate from the retail digital-euro project. The European Central Bank has launched Pontes, giving institutions a new route for settling
The ECB has launched Pontes, the first initiative under the Eurosystem’s strategic programme to make central bank money fit for a tokenised future International Finance Business Desk 3 Min Read On Monday, the Eurosystem launched Pontes, a solution that allows for the settlement of wholesale transactions in tokenised assets using central bank money. Pontes is
India's telecom regulator has barred apps like Truecaller from marking calls as spam unless reports feed into the operator-run DLT platform, and also shielded 1600 and 140 series calls from being blocked, filtered or tagged. India's telecom regulator has tightened the rulebook for call management apps such as Truecaller, ruling that they cannot let users
The European Central Bank (ECB) has launched the "Digital Euro for Banks" and is preparing to purchase tokenized bonds. Pontes provides Deutsche Bank, Santander, and other institutions with a direct channel to settle tokenized assets using central bank money. The Eurosystem launched Pontes on Monday, giving banks a direct channel to settle tokenized assets using
