The initiative would enable clients to make blockchain payments with digital funds
Barclays, HSBC, Lloyds, and Santander are among the banks in the pilot
The bank seeks to add standards and liquidity to tokenized real estate
A joint trial shows blockchain-based payments can work across banks and within Swiss law
Citi, BNY Mellon, U.S. Bank, UBS, Santander, and SMBC were sanctioned
The digital bank is reportedly considering acquiring a US bank to enter the market
The regulator will conduct research and engage with innovators in the industry
The two explored how tokenization could expand market access while staying within regulatory rules
The rules aim to ensure customer money is returned if a payment firm collapses
Regulatory uncertainty and potential fees to access customer data prompted Visa’s decision
