Day: January 15, 2019

Business
Finance
Trading

HSBC settled $250B of Forex Trades with Blockchain in 2018

An article by Reuters reports that HSBC used blockchain technology to settle $250 billion USD worth of forex trades in 2018. Last year, HSBC made over 150,000 payments and settled over 3 million forex trades using its enterprise blockchain. HSBC states that blockchains are helping them remove external dependencies, reduce latency and improve processes. In […]

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Business
Exchange
Finance
Trading

Bakkt Acquires Assets from Futures Merchant RCG

While the launch of the Intercontinental Exchange (ICE) Bitcoin (BTC) futures platform Bakkt has been delayed, they are not standing still. In a first, Bakkt, have acquired assets in futures commission merchant Rosenthal Collins Group (RCG). Announced on Medium, by Bakkt’s CEO Kelly Loeffler, the move is significant as they are potentially looking to become […]

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