U.S financial giant Bank of America has joined the Paxos Settlement Service to use blockchain technology to achieve same-day settlement of stock trades.  Bank of America to Settle Stock Trades Using Paxos Blockchain Solution This development was revealed by media outlet Bloomberg on Monday. The U.S bank joins Credit Suisse Group AG and Nomura Holdings Inc Instinet to useRead More

"We want our kids to be able to think independently about money," said Eddie Yoon.

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Bank of America's push into blockchain for stock clearing is part of a larger challenge to Wall Street's legacy financial infrastructure.

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Bank of America, the second-largest bank in the U.S., has joined Paxos's blockchain-based settlement network for equities.

The post Bank of America joins Paxos’s blockchain-based settlement network for equities appeared first on The Block.

Coinbase ($COIN), the New York-based crypto exchange that went public last month has fallen below the reference price of $250 for the first time since listing. $COIN was trading just under $244 at the time of writing after registering a 5.3% decline since the opening today. The price fall comes amid a red crypto day

The post Coinbase($COIN) Share Price Falls Below Reference Amid Crypto Market Sell Off appeared first on Coingape.

Bitcoin stabilized around $45,000 after Tesla CEO Elon Musk clarified the firm would not be selling its holdings.

The post Bitcoin Stabilizes After Tumultuous Period of Musk Tweets appeared first on BeInCrypto.

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