The Daily Hodl
2021-12-13 19:41:48

Banking Giants Wells Fargo and HSBC To Use New Blockchain Platform To Settle Global Forex Trades

Banking behemoths Wells Fargo and HSBC Bank are teaming up to use a blockchain solution for netting and settlements of matched foreign exchange (forex) transactions. According to Wells Fargo’s co-head of macro division Mark Jones, this will be the first time the bank has utilized blockchain technology in forex settlements. The two banks will be […]The post Banking Giants Wells Fargo and HSBC To Use New Blockchain Platform To Settle Global Forex Trades appeared first on The Daily Hodl.

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