Forex

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Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
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yuan-and-usd
China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
yuan-and-usd

citi-bank
Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.
citi-bank

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HSBC Exec Says Using Blockchain Slashed Forex Trading Costs by 25%
An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.
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Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.
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market
What Does the Lull in Forex Volatility Mean for Bitcoin?
Patrick Foot examines what the current lack of forex volatility means for traders of digital currencies like bitcoin.
market

kraken-bitcoin-exchange
Kraken opens for trading with euros, bitcoins and litecoins
Kraken, a new bitcoin exchange has come out of beta. We spoke to the CEO to find out more.
kraken-bitcoin-exchange

savings
Looking inside BitEnsure: Bitcoin savings account or Ponzi scheme?
BitEnsure claims to be a "bitcoin savings account". But is it any different from Trendon Shavers now-exposed Ponzi scheme?
savings