BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.
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Singapore bank DBS uses DeFi to trade FX and state securities
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.
Former Jefferies FX brokers launching institutional crypto exchange
Crossover Markets Group Inc. is being launched by two former Jefferies FX brokers, and aims to make a splash in the institutional crypto investment scene.
Wells Fargo partners with HSBC to settle FX transactions using blockchain
Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030.