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Security Token Trades on Regulated Platform in Market First

Security Token Trades on Regulated Platform in Market First A regulated alternative trading system (ATS) has facilitated a secondary trade of security tokens on a blockchain in a milestone for the development of this market. SharesPost, a registered broker-dealer, ATS and registered investment advisor, said Wednesday it had executed its first …

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The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade

The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade In a space infamous for promising radical transformation but delivering mostly prototypes so far, Roberto Mancone, we.trade’s chief operating officer, has a record of making good on his pledges. Early last year, he promised the trade finance …

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Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’ Venezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week, addresses a number of actions taken by the U.S. in recent …

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Pakistani Bank Teams With Alipay for Blockchain Remittances

Pakistani Bank Teams With Alipay for Blockchain Remittances Pakistan-based Telenor Microfinance Bank, a subsidiary of Norwegian telecoms multinational Telenor Group, has launched cross-border payments using blockchain technology from payments firm Alipay. Claiming it as Pakistan’s first blockchain-based international remittance service, the bank announced Tuesday that the product is a joint effort …

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Euro Exim Bank Taps Ripple’s xRapid for Cross-Border Settlements

Euro Exim Bank Taps Ripple’s xRapid for Cross-Border Settlements Euro Exim Bank, a London-based bank primarily focused on providing financial services for export and import companies, will become the first bank to publicly announce it is using the XRP cryptocurrency for cross-border payments. Ripple announced Tuesday that Euro Exim Bank, …

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