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Slovenia Launches First Digital Bond in EU Sovereign History
30.7.2024
On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program....
Slovenia launches EU's first digital sovereign bond via BNP Paribas
29.7.2024
The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25
Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas
14.11.2023
Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey...
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
14.11.2023
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
9.5.2023
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday
BNP Paribas teams up with Bank of China to promote digital yuan usage
5.5.2023
The partnership will enable BNP Paribas China's corporate clients to make payments using the digital yuan through an e-CNY management system
BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report
5.5.2023
BNP Paribas' corporate clients will be able to connect to China's e-CNY through a connection to the Bank of China's system
Banking Giant BNP Paribas to Launch China CBDC Wallet Platform – A Boost for the Digital Yuan?
5.5.2023
The Chinese arm of the French banking titan BNP Paribas announced it will launch a digital yuan wallet management platform, in another boost for China’s central bank digital currency (CBDC).
Per Shanghai Securities Net, BNP Paribas China will be teaming up with the state-owned commercial bank...
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...
French Banking Giant BNP Paribas Enters Crypto Custody Space: Sources
19.7.2022
French Bank BNP Paribas (BNP.PA) is entering the crypto custody space via a partnership with Swiss digital asset safekeeping firm Metaco, according to three people with knowledge of the deal
Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’
23.5.2022
Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient -- but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before....
Read More: Banks Exploring...
BNP Paribas Joins JPM's Blockchain Network Onyx for Fixed Income Trading: Report
23.5.2022
The French bank will use the Onyx network for short-term fixed income trading
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
French central bank pilots blockchain-based CBDC for debt market
19.10.2021
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM
Blockchain-Backed NFT Market Value Grew 299% in 2020
18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...
BNP Paribas and Curv unveil highly secure method to transfer security tokens
7.10.2020
A Proof of Concept security token transfer involving BNP Paribas and Curv could lead to integrated crypto custody solutions
BNP Paribas connects to major stock exchanges with DAML smart contracts
15.9.2020
The DAML smart contract language is getting more popular
Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts
7.4.2020
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts