Day: 17 September 2024

The TON Foundation, the nonprofit backing the development of The Open Network (TON) blockchain, has unveiled a new partnership with Curve Finance, a leading DEX. The collaboration aims to launch a swap project that will improve user experience and optimize stablecoins trading on the TON blockchain. The project will leverage ...

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The Open Network (TON) could become a major competitor to Ethereum due to its impressive ecosystem and rapid user growth, according to a report from the research arm of crypto exchange Bitget. The report highlights that TON has seen a significant surge in transaction volume over the past year, with ...

Singapore's DBS Bank has revealed plans to launch over-the-counter cryptocurrency options trading and structured notes for qualified institutional investors and accredited wealth clients beginning in Q4 2024. Currently, the bank enables clients to trade cryptocurrencies and security tokens through its platform, DBS Digital Exchange. With the new initiative, clients will ...

The Russian government has established a focus group under an experimental legal framework to explore the use of cryptocurrency for foreign trade payments, according to a report by local media outlet Vedomosti on September 17, 2024. The focus group includes representatives from the Russian Chamber of Commerce and Industry, the ...

The Hong Kong government is preparing to issue its first policy statement on the use of artificial intelligence (AI) in the financial sector. The region's Financial Services and Treasury Bureau (FSTB) is currently drafting a framework focused on the ethical application of AI within financial markets, according to a new ...

A blockchain-based payment and settlement ledger has the potential to revolutionize the finance sector in the UK, as per the leading financial trade body in the nation, UK Finance. In a September 17 press release, the association announced that it had successfully trialled the Regulated Liability Network (RLN), a blockchain-powered ...