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In Banking First, ING Develops FATF-Friendly Protocol for Tracking Crypto Transfers
23.6.2020
ING Bank, Standard Chartered and others have developed a protocol to handle a new rule for crypto exchanges and firms dealing in digital assets
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
Standard Chartered Joins IBM and Maersk's Blockchain Shipping Platform
13.3.2020
London-headquartered Standard Chartered bank has joined TradeLens, the global blockchain shipping platform created by IBM and logistics giant Maersk
Former Ripple Business VP Takes Role at Major Bank Standard Chartered
19.2.2020
Kahina Van Dyke, a former executive at Ripple and Facebook, has taken on a major role in managing the institutional clients of major bank Standard Chartered
Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
28.1.2020
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions
Standard Chartered Banking Group Joins Ethereum Enterprise Alliance
8.11.2019
Blockchain drive sees Standard Chartered become the latest bank to join Ethereum Enterprise Alliance
Standard Chartered & IFFCO Completed Palm Oil Trade Using Dltledgers Platform
5.11.2019
In a development that could eventually have far-reaching implications for businesses, IFFCO Singapore and Standard Chartered completed a palm oil trade using the blockchain platforms powered by dltledgers. The deal in question was not only about palm oil but also its extracts. However, the more...
Cryptocurrency News from the UK: CryptoNewsZ’s Weekly Update
31.8.2019
There is a lot going on in the crypto land, but what shines the brightest, is what we offer you, for you to stay abreast with the latest crypto affairs. Here are a few handpicked crypto stories that are shaping the crypto sphere in the land where they say the ‘sun never sets’- the United...
Standard Chartered Conducted First Transaction on Oil Industry by Using Voltron Blockchain Platform
8.8.2019
In a recent announcement, the bank said it had effectively accomplished the first international LC (letter of credit) transaction on the oil business-focused blockchain Voltron platform. It is the pilot exchange for PTT Group, PTT International Trading, and IRPC Public Company Limited, which...
Standard Chartered Makes Letter of Credit Transaction Using Blockchain
7.8.2019
Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group
Standard Chartered Completes First Transaction on Oil Industry Blockchain Platform Voltron
7.8.2019
Standard Chartered Bank has completed the first international letter of credit transaction on the oil industry blockchain platform Voltron
UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance
5.8.2019
Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...
FT: Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project
14.6.2019
Standard Chartered Bank’s head of public affairs Ed Bowles has reportedly been hired by Facebook to work on its cryptocurrency project dubbed “Libra”
Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report
14.6.2019
Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered