Articles with tag: commodities

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Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

Infinigold, Coinfirm partner to set a new compliance and security standard

30 Jul 2020 | Digital Identity, Security & Online Fraud

InfiniGold has partnered with blockchain analytics and AML company Coinfirm to establish a new compliance and security standard for digitalised commodities. 

InfiniGold, blockchain analytics, AML, Coinfirm, compliance and security standard, digitalised commodities, PaaS, Perth Mint Gold Token, transaction monitoring, fraudulent activity, issuer, PMGT

Indian crypto businesses seek tax clarity from RBI

05 May 2020 | Cryptocurrencies

The cryptocurrency exchanges in India have written to the central bank of India for seeking clarity on the tax front.

commodities, goods, services, currencies, India, cryptocurrency, crypto exchanges, tax, RBI

Emirates NBD to use LiquidX's network to sell commodities

12 Mar 2020 | E-invoicing, SCF & E-procurement

US-headquartered network for illiquid assets LiquidX has revealed that it has added Emirates NBD to its network.

Emirates NBD, LiquidX, LiquidX platform, financial institution, liquid commodities, trade finance, Singapore, United Arab Emirates, Dubai

Egypt signs agreement with ITFC to support commodities by USD 1.1 bln

05 Dec 2019 | E-invoicing, SCF & E-procurement

Egypt has signed a USD 1.1 billion agreement with the International Islamic Trade Finance Corporation (ITFC) to finance importing petroleum products and commodities for 2020, according to the Ministry of Petroleum.

Egypt, agreement, ITFC, commodities, financing

Sberbank trials trade finance blockchain for Siberian oil

12 Sep 2019 | E-invoicing, SCF & E-procurement

Russia-based Sberbank has completed a pilot blockchain transaction with Singapore commodities company Trafigura.

Sberbank, product launch, trade finance, blockchain, Siberian oil, Trafigua, Singapore, commodities,

Finastra launches SFTR with reporting tool for banks

05 Sep 2019 | Payments General

Finastra has launched a tailored, Securities Financing Transaction Regulation (SFTR) reporting tool that will help banks prepare for the April 2020 deadline.

Finastra, banking, compliance, reporting, Securities Financing Transaction Regulation, securities, commodities, cloud

ICC blockchain project to target commodities in Singapore

03 Jun 2019 | E-invoicing, SCF & E-procurement

Singapore-based blockchain startup Perlin Network and the ICC have established the Centre of Future Trade in Singapore to help companies to digitize trade.

Perlin Network, International Chamber of Commerce, Singapore, Centre of Future Trade, Asia, APAC, digital trade, trade finance, commodities trade, blockchain, DLT, distributed ledger technology

China targets blockchain for commodities and trade finance

04 Mar 2019 | E-invoicing, SCF & E-procurement

China’s Ministry of Commerce and 12 other departments have issued a notice promoting the platform economy for the commodities sector.

China, Ministry of Commerce, platform economy, commodities sector, agribusiness, oil extraction, logistics, post-trade processes, trade finance,

Pacific Software to launch ecommerce trade platform

04 Jan 2019 | E-invoicing, SCF & E-procurement

Canada-based tech corporation Pacific Software has announced that its BOAPIN ecommerce trade platform will be registering new buyers and sellers in Q1 2019.

Pacific Software, BOAPIN, ecommerce trade platform, platform launch, Canada, North America, company launch, product certification, marketing, logistics, commodities search/match interface, trade finance, customs clearance, cross-border payment solutions