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Brickken selected to participate in European blockchain regulatory sandbox

Finextra

Brickken, a Barcelona-based startup pioneering in the tokenization of real-world assets, announced today its selection to participate in the European Blockchain and Distributed Ledger Technologies (DLT) Regulatory Sandbox.

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OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending

Fintech News

OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology. By utilising blockchain technology, the exchange of cash and securities becomes near-instantaneous, a significant improvement over traditional repo markets where the process can take at least one business day.

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WhiteBIT Launches the Affiliate Program with Bonuses for Participants

Fintech Review

Aimed at expanding the platform’s reach and rewarding participants, the program offers partners to earn commissions by referring new customers to the exchange. This is another step in the company’s strategy to build a global community of partners and accelerate the mass adoption of blockchain.

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ECB picks Boerse Stuttgart to participate in EU-wide blockchain tests

Finextra

Boerse Stuttgart Group is the only exchange operator in Europe to have successfully applied for the second wave of the European Central Bank's (ECB) EU-wide tests, in which the settlement of blockchain-based financial transactions against central bank money is being explored.

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OCBC and Land Transport Authority Pilot Blockchain Payments for Construction

Fintech News

OCBC Bank has partnered with the Land Transport Authority of Singapore (LTA) to pilot a new blockchain payments solution for construction projects. This initiative builds on OCBC’s participation in Project Orchid , a Monetary Authority of Singapore initiative to develop infrastructure for a digital Singapore dollar.

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PayPal Stablecoin (PYUSD) Made Available on Solana Blockchain

The Fintech Times

PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. The news was announced at Consensus 2024 , the long-running cryptocurrency, blockchain and web3 event. “Continued adoption from industry participants like PayPal helps realise the next generation of fintech innovation.”

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Cross-Chain Interoperability: The Future of Blockchain Networks

Fintech Review

Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.