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UBS Adds Six Banks to Crypto-Currency Settlement Push

September 15, 2017 by Lynn Strongin Dodds

The buzz around crypto-currency blockchain/distributed ledger technology (DLT) continues with UBS’s utility settlement coin (USC), adding six of the world’s largest banks — Barclays, HSBC, State Street, Credit Suisse, MUFG and the Canadian Imperial Bank of Commerce — to its roster. The new members join UBS, Deutsche Bank, Santander, BNY Mellon and the financial services… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Securities Operations, Buy-Side, Clearing, Ops Automation, Settlement, FinTech Trends, Back-Office, Blockchain/DLT, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: Barclays, bitcoin, blockchain/DLT, Canadian Imperial Bank of Commerce, Credit Suisse, fintech innovation, HSBC, MUFG, settlement, State Street, UBS

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