Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg, JPMorgan conducted a pilot transa...
Tag: Settlement
Jpmorgan Chase Adopts Blockchain for Collateral Settlement
Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to ...
Ford To Pay $19.2 Million In Multistate Settlement Over False Advertising Allegations
Topline Ford Motor Company agreed to pay $19.2 million to settle allegations of falsely advertising fuel economy ratings and payload capacity for certain pickup trucks and hybrid cars, though the comp...
Teva CEO Sees a Final Opioid Settlement Coming This Year
Text size Teva CEO Kåre Schultz has been predicting a national opioid settlement for years. Christopher Goodney/Bloomberg Teva Pharmaceutical Industries CEO Kåre Schultz has, for years, been predictin...
Elon Musk and Mark Cuban Call for SEC’s Gag Orders Review Against Settling Defendants as Ripple Lawsuit Eyes Settlement
– Advertisement – The petitioners say the SEC’s gag orders are only a plot to conceal information from market participants. Elon Musk and Mark Cuban have joined an amici brief challeng...
Russia proposes cross-border cryptocurrency settlement with African nations
The Russian President of the Chamber of Commerce and Industry Sergei Katyrin has proposed a new cross-border cryptocurrency settlement for import-export payments, with the intention of boosting relati...
Secret Network Announces Partnership with Modular Settlement Layer dYmension
Secret Network, which provides data privacy for smart contracts, announced a partnership with dYmension, which will provide the tools and infrastructure to network and aggregate Cosmos ecosystem layer...
Chinese Central Bank’s Bodies Ban BTC, ETH for NFT Settlement, Call for Strict Control of NFT Space
Yuri Molchan Three associations regulated by China’s central bank launch initiative to take control of NFT space in China, which excludes using top three cryptos for payment According to Shangha...
Court rejects SEC’s move Ripple likely to push for settlement –
Ripple Labs has won the claim between the organization and the SEC SEC’s movement for reevaluation from getting the intentional interaction honor concerning Hinman messages is due Draft forms and surv...
DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process
The Depository Trust & Clearing Corporation (DTCC), a US post-trade financial services company providing clearing and settlement services to the financial markets, announced on Tuesday that it is ...
XRP v. SEC Saga Could Soon End In Settlement As Ripple Nets A ‘Very Big Win’ ⋆ ZyCrypto
Advertisement     The U.S. Securities Exchange Commission’s (SEC) motion for reconsideration of deliberative process privilege (DPP) was denied by a federal judge. The...
South Africa finishes technical PoC for wholesale CBDC settlement system
South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project. The...
Fintech Giant FIS’s Worldplay Offers USDC Settlement for its Clients
FIS, the US fintech giant processing over $2 trillion in transactions annually across more than 100 countries, announced that its subsidiary, Wordplay, will be the first global merchant acquirer that ...
Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
NYSE-listed financial technology services provider, FIS today announced that the company’s Worldpay will offer merchants the ability to receive settlements directly in USDC, one of the world’s most va...
Worldpay to offer merchants direct settlement in USDC
advertisement Payments infrastructure service Worldpay announced on Wednesday that it will offer merchants the ability to receive settlement directly in the stablecoin USDC. In partnership with Circl...
Japan central bank wants urgent crypto regulation and warns of the global settlement system potentially being upended
A senior Bank of Japan (BoJ) official has said that a common framework is urgently needed by the group of 7 nations in order to regulate cryptocurrencies before they “upend” the global settlement syst...
Bed Bath & Beyond reaches settlement with GameStop ape Ryan Cohen
That was quick. Bed Bath & Beyond (BBBY) has reached a settlement with GameStop executive chairman Ryan Cohen. The deal will see three board members immediately added to Bed Bath & Beyond: Mar...
Here’s the first multi-CBDC settlement project and participating countries
While the US debate over the CBDCs and their effects, the rest of the world are getting closer to releasing their own CBDCs. The Bank of International Settlements (BIS) recently announced their multi-...
XRP Lawsuit Settlement Could Be Right Around the Corner, According to Crypto Legal Expert – Here’s Why
Attorney and crypto legal expert Jeremy Hogan thinks there could soon be a settlement in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple. The SEC sued Ripple in December 2020,...
BIS completes international settlement test
TL; DR Breakdown BIS wants a digital currency for international settlement The pilot trial was successful Technological advancement will push CBDC’s success Digital Currencies has continued to become ...
Ripple vs SEC: The Lawsuit Heading Towards A Settlement This May – Coinpedia – Fintech & Cryptocurreny News Media
Individual defendants file an objection to the SEC’s request for an extension of the deadline. Ripple and the individual defendants file their response advocating the court’s stance on Hinman’s docume...
Vermont Regulator Reaches $640,000 Settlement with Robinhood
Robinhood, a major US commission-free stock trading and investing app, has reached an agreement to settle $640,000 with Vermont’s financial regulator, DFR, over the platform’s outages and account supe...
Raydium Announces Upcoming Launch of Settlement Protocol, Zebec
Raydium, a Solana-built automated market maker [AMM], has announced the upcoming launch of Zebec on AcceleRaytor, Raydium’s IDO launchpad. Zebec is a continuous settlement protocol that will transform...
Ripple vs SEC: John Deaton Offers Settlement Itinerary
In a response regarding continuous rumors associated with an impending settlement in SEC vs XRP, John Deaton is not sure of the verdict in the upcoming few days. In recent Twitter posts, Jeremy Hogan,...
Cryptolaw Founder Gives Timeline for Settlement
In response to the ongoing rumors related to an imminent settlement in the Ripple-SEC lawsuit, Cryptolaw founder John Deaton says he does not see a settlement happening within the next 30 days. The Ri...
Gold price outlook as hopes for a Russia-Ukraine settlement dwindles
Gold price has entered the new week in the green, rallying above the psychological level of $2,000 per ounce. At an intraday level of $2,001.33, the precious metal rose to its highest level since Augu...
Has A Settlement Between Ripple & SEC Arrived? Will XRP Price Be Impacted?
The crypto industry is awaiting a major bullish impetus, which could help the industry revive from fragile sentiments. The quest for a bull run could possibly materialize following an end to the in...
Johnson & Johnson And Drug Distributors Finalize $26 Billion Settlement To End Opioid Crisis Lawsuits
Topline Johnson & Johnson and the three largest U.S. drug distributors have agreed to move forward with a proposed $26 billion settlement to more than 3,000 civil lawsuits from states and local go...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments – Finance Bitcoin News
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solan...
Did Elon Musk Trigger New Legal Headache With SEC ‘Bastards’ Comment?
TED chief Chris Anderson interviews Elon Musk in Vancouver on April 14. TED2022 via YouTube Billionaire entrepreneur Elon Musk has a history of making controversial and inflammatory public comments th...