In the Spotlight
BNY Brings 24/7 Dollar Settlement to Singapore Gulf Bank
Key Takeaways Singapore Gulf Bank adopted BNY’s 24/7 USD settlement for eligible weekend and holiday payments.The move narrows stablecoins’ always-on edge as banks extend dollar settlement beyond normal hours.Attention now shifts to whether banks can [...]
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SWI Group has raised €800 million to expand AI infrastructure, advancing its plan to repurpose FTX-backed Bitcoin miner Genesis Digital Assets. On Oct. 12, the Amsterdam-listed company announced a capital increase backed by institutional investors, [...]
