PANews reported on October 22 that according to Bloomberg, industrial giant Siemens and digital asset market maker B2C2 have begun using JPMorgan Chase's blockchain foreign exchange payment platform. The service supports cross-border foreign exchange transactions in US dollars, British pounds, and euros 24/7, with near-instant settlement. This significantly improves transaction efficiency compared to traditional foreign exchange transfers, which are limited to business days and can take several days.PANews reported on October 22 that according to Bloomberg, industrial giant Siemens and digital asset market maker B2C2 have begun using JPMorgan Chase's blockchain foreign exchange payment platform. The service supports cross-border foreign exchange transactions in US dollars, British pounds, and euros 24/7, with near-instant settlement. This significantly improves transaction efficiency compared to traditional foreign exchange transfers, which are limited to business days and can take several days.
Siemens and crypto market maker B2C2 have begun using JPMorgan's blockchain-based foreign exchange payment platform.
For feedback or concerns regarding this content, please contact us at [email protected]
PANews reported on October 22 that according to Bloomberg, industrial giant Siemens and digital asset market maker B2C2 have begun using JPMorgan Chase's blockchain foreign exchange payment platform.
The service supports cross-border foreign exchange transactions in US dollars, British pounds, and euros 24/7, with near-instant settlement. This significantly improves transaction efficiency compared to traditional foreign exchange transfers, which are limited to business days and can take several days.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future
TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
BitGo wins BaFIN nod to offer regulated crypto trading in Europe
BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
Share
Coinstats2025/09/18 06:02
Solana Price Prediction: SOL’s $100 Target Stays On Course While AVAX Grinds Toward $10, but Pepeto’s 300x Presale Shows Moonshot Potential
Crypto adoption is accelerating in unexpected places. The beta launch of X Money on Elon Musk’s social platform is generating fresh attention for digital payments
Share
Techbullion2026/03/12 09:10