Major companies interested in financial services such as Citigroup, JPMorgan Chase, Mastercard, Swift, and Deloitte will work together to explore the potential of sharing ledger technology through simulated multi-asset trading in US dollars. According to a statement, the research project called "Regulated Settlement Network (RSN) Proof of Concept (PoC)" will explore the potential of bringing commercial bank funds, wholesale central bank funds, and securities such as US Treasuries and investment-grade debt to a common regulated venue. The New York Fed's Innovation Center will serve as a technical observer.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Citigroup, JPMorgan Chase and other US financial giants explore shared ledger technology for multi-asset transactions
-
Wechat scan to share
Recommended for you
-
Will this cycle skip Ethereum?
Ryan Sean Adams is going to take the perspective of long-term Ethereum bulls, not the obviously wrong dyed in the wool Ethereum is dead haters.
-
Genesis Global secures court approval for $3B payout
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
-
Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote
The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."
-
If SEC approves spot Ether ETFs, many ‘will be caught severely offside’
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
-
-
‘We’re just scratching the surface’ of crypto and AI — Microsoft exec
The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.
-
Big miners pose a growing existential threat to Bitcoin
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.
-
Bybit’s Notcoin listing debacle, China firm’s profits up 12-fold after crypto buy: Asia Express
Bybit CEO apologises for Notcoin listing woes, Hong Kong crypto ETFs dissapoint, China firm's profits surge 1100% after crypto buy
-
Is onboarding too hard? Crypto adoption still faces major obstacles
Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived.
-
What the DOJ’s First MEV Lawsuit Means for Ethereum
In a highly technical overview of an exploit that has since been patched, government prosecutors find that exploiting code is a crime. CoinDesk reached out to several experts in the Ethereum community to get their views on the case.
Daily Must-Read
-
Will this cycle skip Ethereum?
-
Genesis Global secures court approval for $3B payout
-
JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian
-
OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X
-
Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction
-
What are tokenized commodities?
All Comments