The post Swift Blockchain Payments Pilot Transforms Cross-Border Transfers appeared on BitcoinEthereumNews.com.
For decades, cross-border banking has run on a system that closes at weekends, freezes overnight, and sometimes takes days to settle. SWIFT’s new blockchain payments infrastructure is a direct challenge to that model — and 17 of the world’s biggest banks are already lined up to test it. Key takeaways SWIFT has launched a blockchain-based ledger for a tokenized bank deposit pilot involving 17 major global banks, including HSBC, Citi, BNP Paribas, UBS, ANZ, DBS, and Standard Chartered. The ledger enables 24/7 cross-border payments, including overnight and weekend transactions — a break from traditional banking settlement windows. The system reached initial readiness after nine months of development and preserves existing compliance, credit, risk, and control standards. SWIFT’s messaging network already connects over 11,500 banks in more than 200 countries, giving this pilot an
The post Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants appeared on BitcoinEthereumNews.com.
A roster of 17 banks are preparing to begin testing live transactions on Swift’s blockchain-based ledger, a step toward round-the-clock cross-border payments using tokenized deposits. Swift said the ledger is ready for initial use by banks across six continents in an announcement on Thursday. Its aim is to allow banks to move funds for customers overnight and on weekends, before final settlement through existing payment systems. The banks taking part include UBS, BNP Paribas, BNY, Citi, HSBC, and Wells Fargo. Swift, the bank-owned messaging network used by more than 11,500 financial institutions, announced the development of this shared ledger platform in October. It then said it would allow banks to settle transactions involving stablecoins and tokenized assets across multiple blockchains, working alongside current payment rails, not replacing them. Swift, said
The post Asia’s gambling laws squeeze crypto prediction markets appeared on BitcoinEthereumNews.com.
Asia’s ongoing repression of cryptocurrency prediction markets is channeling investment, liquidity, and innovation to Western nations that opted for regulation. In a report dated July 8, the Web3 research firm Tiger Research suggested that the characterization of prediction markets as unlawful gambling is hindering Asian countries from enjoying a thriving blockchain market. Instead of stopping demand, the legal constraints merely push users and business transactions onto international platforms and diminish consumer safety. The growth of the sphere has been fueled by crypto-native platforms like Polymarket, where trades are settled on-chain. Tiger Research estimates that the volume of trade exceeds $14 billion every month; moreover, the leaders in the industry have an overall value of $40 billion. According to the report, Prediction markets sell contracts that pay $1 if an event takes p
The post AI Trading Platform Launches on Sui with WaterX appeared on BitcoinEthereumNews.com.
A brand-new AI trading platform is making its debut on the Sui blockchain — and the crypto world is paying attention, even if the numbers haven’t moved yet. On July 8, 2026, WaterX announced itself as an AI-native trading gateway, combining perpetual contracts, prediction markets, and real-world assets into a single interface. The ambition is real. So is the challenge of proving it. Key takeaways WaterX launched as an AI-native trading gateway on the Sui blockchain on July 8, 2026. The platform integrates perpetual contracts, prediction markets, and real-world assets (RWAs) in one interface. WaterX is part of the Sui Moonshots program, backed by the Sui Foundation. At launch, trading volume stands at zero — the platform is in its early rollout phase. WaterX Predict is the platform’s AI-driven tool drawing early attention from traders and institutions. What WaterX Is Building on Sui Most crypto
The post Swift Launches Blockchain Ledger for Cross-Border Payment Pilot appeared on BitcoinEthereumNews.com.
The post Swift Launches Blockchain Ledger for Cross-Border Payment Pilot appeared first on Coinpedia Fintech News Swift said its blockchain-based shared ledger is ready for initial use, enabling 24/7 cross-border payments using tokenized deposits while keeping existing credit and risk standards. Seventeen global banks are preparing to pilot live transactions on the platform. The project aims to improve payment speed, liquidity management, and cash flow visibility without replacing Swift’s existing network. … Source: https://coinpedia.org/crypto-live-news/swift-launches-blockchain-ledger-for-cross-border-payment-pilot/
The integration of crypto in the 2026 World Cup could redefine sports fan engagement and set a precedent for future blockchain applications.
The post FIFA World Cup 2026 meets crypto as Canada’s co-hosting sparks blockchain fan engagement appeared first on Crypto Briefing.
The post Crypto IPO autopsy: Gemini down 89%, pipeline frozen appeared on BitcoinEthereumNews.com.
Gemini has lost 89% of its value since its September debut and is being sued by its own shareholders. BitGo is down 77%, Bullish 71%, and the pipeline behind them, Kraken, Grayscale, Consensys, Ledger, has frozen solid. The great crypto listing boom lasted about a year and destroyed most of the capital that believed in it. Here is what actually killed it, who survived and why, and what has to change before the window reopens. Summary The crypto IPO boom failed because many companies listed at cycle-peak valuations just before trading volumes and asset prices weakened. Circle held up better than peers because stablecoin float revenue is more durable than exchange or custody revenue. Gemini’s 89% collapse shows how public markets punished crypto businesses with cyclical revenue and unclear post-IPO strategy. Lockup expiries added extra selling pressure, turning weak debuts into prolonged de
The post UN Blockchain Week 2026: The Premier Blockchain Gathering Redefining Global Innovation During UNGA and NYFW appeared on BitcoinEthereumNews.com.
UN Blockchain Week is emerging as the must-attend blockchain event of the year. This premier 10-day gathering in New York City from September 10–19, 2026, is perfectly timed with the United Nations General Assembly (UNGA) and New York Fashion Week (NYFW). It brings together blockchain leaders, policymakers, high-net-worth investors, heads of state, and visionaries at the powerful intersection of Bitcoin, AI & Energy, Space, and fashion-tech. The event features a flagship premiere 2-day conference on September 16–17, followed by BitcoinPalooza as its official evening after-party. What Sets UN Blockchain Week Apart in the Blockchain Event Landscape? UN Blockchain Week stands out as the only major blockchain event synchronized precisely with UNGA and NYFW. It moves beyond standard conferences by delivering direct engagement with world le
The post SWIFT Launches Blockchain Ledger Trial With 17 Major Banks for Tokenized Payments appeared on BitcoinEthereumNews.com.
Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/swift-launches-blockchain-ledger-trial-with-17-major-banks-for-tokenized-payments/
