New data released by Trading Platforms indicates that it costs USD25.2 million per day in electricity to process bitcoin transactions. The consumption cost is based on bitcoin’s 30-day average transaction of 328,418 as of 17 January, 2021, and the energy footprint per 1 BTC transaction confirmation of 612 kWh equivalent to USD76.74.
Banque de France (BDF) has successfully completed a Central Bank Digital Currency (CBDC) transaction, using the SETL blockchain that powers the IZNES fund platform.
Genesis, a specialists in digital currency prime brokerage services, has appointed Dr Derar Islim to the newly-created position of Chief Operating Officer (COO).
Fidelity International (Fidelity) has created a new private credit offering with experienced hires from MeDirect Bank – a digital pan-European bank owned by AnaCap.
EFG Hermes is now ranked first on the Nairobi Securities Exchange and second by value traded on the Nigerian Stock Exchange, highlighting the significant strides made in both Sub-Saharan Africa’s western and eastern financial hubs.
Exchange Data International (EDI) has welcomed the SEC's approval of the New Issue Database for US Corporate Bonds, an initiative it believes will promote transparency in the US corporate bond market.
CUSIP Global Services secures accreditation renewal for CUSIP Identifier as US standard for unique security identification
CUSIP Global Services has announced the renewal of the accreditation of the CUSIP identifier as the American national standard for unique securities identification.
Amber Group, a crypto finance service provider, has recently surpassed USD530 million in assets under management (AUM), a 275 per cent increase from USD142 million AUM reported in 2019.
Volante Technologies, a specialists in cloud payments and financial messaging, and Citi Treasury and Trade Solutions (Citi) are deepening their longstanding relationship to accelerate the bank’s adoption of the ISO 20022 financial messaging standard across its global payments operations.
ATP, Denmark’s largest public pension fund, has gone live on SimCorp's SFTR solution. ATP’s go-live coincides with the reporting start date for the third phase of SFTR, on 11 January, where it joins several SimCorp clients who have smoothly transitioned to the cloud-based regulatory reporting platform, and successfully automated reporting to their chosen Trade Repository.