The CEO of U.K.'s banking giant Barclays has shot down the rumor that the bank is planning to launch its own cryptocurrency trading desk.
U.K.-based bank Barclays is pushing hard for a data standard for derivatives, as a foundation for that market to adopt distributed ledger technology.
A person with knowledge of the situation said all major banks are likely to be weighing the same decision.
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.
Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.
UK banking giant Barclays is reportedly helping to educate regulators on blockchain and cryptocurrencies.
Was Barclays the leading bank when it came to blockchain in 2016? CoinDesk's Bailey Reutzel explores perception and reality.
Bitcoin wallet startup Blockchain has added former Barclays Bank group chief executive Antony Jenkins to its board of directors.
Axoni partners with JP Morgan and Credit Suisse to build a blockchain-based equity swaps processing prototype.
Barclays has completed a blockchain trade finance transaction with incubator graduate Wave.