Blockchain/Bitcoin
Banque de France Completes Digital Currency Pilot With SEBA Bank and Partners
Banque de France successfully conducted a Central Bank Digital Currency (CBDC) experiment with SEBA Bank, as part of the experimental programme launched in March 2020. The experiment consisted in using the CBDC to simulate the settlement of listed securities and
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Swiss Bitcoin Investment App Relai Bags CHF 2.5 Million in Series A Led by Redalpine
Swiss bitcoin investment app Relai announced that it has raised CHF 2.5 million in a Series A round led by Swiss VC Redalpine less than one year after going to market. Relai received additional backing from Polytech Ventures, Bitcoin-focused Fulgur
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Swiss Federal Council Brings DLT Act Into Force and Issues Ordinance
The Swiss Federal Council has introduced the Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology which will come into full force on the 1st August 2021. The associated blanket ordinance will also enter
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BBVA Switzerland Rolls Out Crypto Asset Trading for Its Private Banking Clients
BBVA Switzerland makes its first crypto asset trading and custody service available to all its private banking clients after six months of testing with a selected group of users. The new service is available only in Switzerland and has started
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McLaren Inks Deal With Tezos as Official Blockchain Partner, Creates NFT Fan Platform
McLaren Racing has selected Tezos, a Luxembourg-based open-source blockchain protocol for assets and applications, to become the team’s official blockchain partner in a new multi-year technical partnership across Formula 1, INDYCAR and esports. McLaren will use the energy efficient and
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Broadridge Goes Live With DLT Repo Platform, Executes US$31 Billion in the First Week
Broadridge Financial Solutions, an American-based investment banking company, announced the successful go-live of its transformative distributed ledger repo (DLR) platform. DLR provides a single platform where market participants can agree, execute and settle repo transactions. Furthermore, DLR allows for the
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French Crypto Security Provider Ledger Bags US$380 Million in Series C Fundraise
Ledger, a French provider of security and infrastructure solutions for cryptocurrencies and blockchain applications, announced that it has raised $380 million during a Series C funding round led by 10T, a mid- to late-stage growth equity fund that invests in private
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Basel Committee Mulls Regulating Banks’ Exposure to Cryptoassets
The Basel Committee on Banking Supervision issued a public consultation on preliminary proposals for the prudential treatment of banks’ cryptoasset exposures. While banks’ exposures to cryptoassets are currently limited, the continued growth and innovation in cryptoassets and related services, coupled
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Swiss and French Central Banks to Pilot Wholesale CBDC Project
The Swiss National Bank, the Banque de France and the BIS Innovation Hub announced that, together with a private sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currencies (wholesale CBDC) for crossborder settlement.
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AntChain Inks Deal With UEFA EURO to Be Its Official Global Blockchain Partner
UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of
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