BoA, with $2.9T in Assets, Joins Paxos to Settle Stocks on Blockchain Tech

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bank of America (BoA) has just joined Paxos Settlement Service, a blockchain-based network that enables same-day securities trades settlement among two parties. Employing blockchain technology, Paxos enables stock trade settlement in minutes, contrasted to […]

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Study: One Part of the Banking Industry Uses 2.1x More Energy Than Bitcoin

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Elon Musk has recently tweeted that Tesla has suspended its vehicle purchases via Bitcoin, citing worries about Bitcoin’s environmental impact. This is not the first time that Bitcoin’s energy consumption has been put to […]

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Software Provider Temenos Enables Crypto Trading for Banks

Banking software provider Temenos has announced a partnership with online digital asset firm Taurus to enable access to cryptocurrency for financial institutions. Per its press release, the integration would make it easier for banks to offer cryptocurrency trading to their clients via Taurus’ platform. Temenos Leveraging Taurus Blockchain Expertise This will see Temenos’ banking clients […]

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