BUSINESS● LOWSep 24 · Sep 24, 2026, 8:55 AM
Britain's largest banks make first interbank transactions using tokenised deposits
EuroNews [en] · western europe
Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESSnowHow BDEAC succeeded in its gamble on international markets despite its fragilitiesJeune AfriqueBUSINESS23m agoCitizens Financial Q3 earnings beat, revenue misses as capital markets fees declineSeeking Alpha Tech