Blockchain

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The blockchain arena is getting a big boost from financial giant JPMorgan, which recently completed its first cross-border transaction using the technology that’s become so prominent in the crypto space. JPMorgan Is Giving Defi a Real Boost The transaction occurred in the decentralized finance (defi) arena, thus bringing one of the world’s largest monetary institutions to the world of autonomous banking. The move is being hailed as a real clincher for digital currency,...

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Crypto Finance’s account balance at BBVA is updated for the amount deposited, e.g., in BTC or ETH. Crypto Finance AG is proud to announce the first gas station setup for BBVA Switzerland. This solution allows financial institutions to trade and bear the cost of Blockchain fees for their clients, without having to worry about holding crypto assets on their balance sheet. Regulated institutions can face complex accounting challenges when managing...

On December 15, the Stellar Development Foundation (SDF) announced its partnership with the United Nations High Commissioner for Refugees (UNHCR) to pilot a digital cash disbursement system powered by Stellar to send money to Ukrainians in need. UNHCR is the United Nations agency tasked with protecting refugees and those displaced by persecution or political conflict. Stellar will focus on instantly delivering the UN’s aid via the “Stellar Aid Assist” pilot project. It...