The Brussels-based institution highlighted that the blockchain ledger underneath this project progressed from proof of concept to activation and pilot use in nine months. Seventeen banks on six continents will now conduct pilot payments with tokenized deposits on top of Swift’s ledger. Swift Moves To The Blockchain Era With New Tokenized Deposit-Based Network Financial institutions
Swift Launches a Blockchain Ledger to Bring 24/7 Cross-Border Payments to the Global Banking System
People are being consulted about plans to stop vape companies using of enticing flavour descriptions that "attract" children into experimenting.
Vapes to have less enticing names to protect children, under UK plans
The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
South Korean chip giant SK Hynix raises $26.5bn in US share sale
The ASA says adverts claiming small devices can rapidly cool rooms were too good to be true.
'Cool in 90 seconds' - the fake portable air conditioners sweeping the internet
Morningstar's Moat Index gained in June as AI chips and cybersecurity stocks offset mega-cap tech pullbacks. Here's what drove the move. (Read More)
Moat Index Rises in June on Semiconductors, Cybersecurity Strength
Industry realities, economic conditions, and market volatility can affect the time gap between funding rounds.
Surviving the funding game: how timing can make or break your startup
U.S. Senator Ron Wyden urged Senate leaders to preserve legal protections for non-custodial blockchain developers in the Digital Asset Market Clarity Act, drawing crypto policy support while leaving his final vote on the bill uncertain. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to […]
US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act
As large wealth managers struggle to retain advisors seeking greater independence, Wells Fargo has taken a distinct approach with its FiNet channel. But is the loss of profit margin worth the retention gains?
How Wells Fargo keeps advisors by letting them go independent
A lawsuit demands that the Port of Rotterdam moves faster to cut its dependence on fossil fuel firms.
Pressure builds on Europe's biggest port to be greener
The BBC looks at the growing trend of people swapping homes to cut holiday costs.
We saved £6,000 on holidays by swapping homes with strangers
An outbreak of a parasite-caused illness has sickened more than 1,000 people in Michigan.
Taco Bell is reportedly pulling produce from some stores. Here’s what to know.
At its last stage for government approval, the state's executive council rejected the bond project 3-2.
New Hampshire snuffs out trailblazing state-government bitcoin bond effort
Traders are completely enthralled by the bull market — but surging Nasdaq volatility suggests it is time to hedge.
Why a hidden divergence between the VIX and Nasdaq volatility has the smart money on edge
U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.