JPMorgan’s Kinexys to Revolutionize Dollar-Euro FX Settlements
JPMorgan Chase is set to launch its innovative blockchain-based platform, Kinexys, which will facilitate instant foreign exchange (FX) settlements between the U.S. dollar and the euro. Announced at the Singapore Fintech Festival, this service aims to enhance the efficiency of…
Australia Prioritises Wholesale CBDC Over Retail Version
In a significant pivot, the Reserve Bank of Australia (RBA) has announced its intention to prioritize the development of a wholesale central bank digital currency (CBDC), contrasting sharply with the complexities surrounding a retail version. According to Assistant Governor Brad…
