Wednesday Jul 31, 2024
Banks Embrace Blockchain: HSBC Blocks Crypto, BNP Paribas Pioneers Sovereign Bonds
HSBC Australia halts payments to crypto exchanges, while Lloyds and Nationwide invest in AI for financial services. JP Morgan-backed Partior raises $60 million, and BNP Paribas launches Slovenia's first sovereign bond on blockchain. Plus, Franklin Templeton and SBI Holdings plan a joint venture in Japan.
Sources:
https://thepaypers.com/cryptocurrencies/hsbc-australia-blocks-payments-to-crypto-exchanges--1269319
https://techfundingnews.com/lloyds-and-nationwide-invest-in-avenis-11m-round-to-drive-ai-revolution-in-financial-services/
https://bsc.news/post/what-is-jp-morgan-backed-partior-that-recently-raised-60-m
https://crypto.news/bnp-paribas-launches-slovenias-1st-sovereign-bond-on-canton-blockchain/
https://www.malaymail.com/news/money/mediaoutreach/2024/07/26/franklin-templeton-and-sbi-holdings-sign-mou-to-establish-joint-venture-in-japan/315667
Outline:
(00:00:00) Introduction
(00:00:32) HSBC Australia Blocks Payments to Crypto Exchanges
(00:03:10) Lloyds and Nationwide Invest in Aveni’s £11M Round to Drive AI Revolution in Financial Services
(00:06:43) JP Morgan-Backed Partior Raises $60 Million
(00:08:55) BNP Paribas Launches Slovenia's First Sovereign Bond on Canton Blockchain
(00:11:10) Franklin Templeton and SBI Holdings Sign MoU to Establish Joint Venture in Japan