Raiffeisen Schweiz, a prominent Swiss banking group, has announced its membership in SDX, the world’s first fully regulated financial market infrastructure for digital assets. SDX, licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a stock exchange and central security depository (CSD) using distributed ledger technology (DLT). Raiffeisen Schweiz’s participation positions it as a […]
Former BigPay, Monzo, and VP Bank executives launch Pave Bank, poised to revolutionize banking with a focus on programmable money. Pave Bank, the world’s first programmable bank, has officially launched, aiming to reshape the global financial landscape with a seamless fusion of traditional finance and digital assets. The bank, founded by former executives from BigPay, […]
The International Monetary Fund (IMF), the World Bank, the Bank for International Settlements (BIS), and Switzerland’s central bank have joined forces to explore the concept of tokenization. The collaboration aims to leverage tokenization technology to streamline financial processes and enhance global economic development. Tokenization involves converting traditional financial assets into unique digital tokens, enabling faster […]
