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Nalezeno "banking giants": 32

World Banking Giants Join Project Agora to Reengineer Cross Border Payments


Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border...

HSBC, Hang Seng Join China’s Digital Yuan Pilot


Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed...

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan


Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan. The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takeshi Chino, the general manager...

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