HSBC, Wells Fargo Announce Plan to Leverage Blockchain to Settle Interbank Foreign Exchange Transactions

HSBC, Wells Fargo Announce Plan to Leverage Blockchain to Settle Interbank Foreign Exchange Transactions

HSBC, Wells Fargo Announce Plan to Leverage Blockchain to Settle Interbank Foreign Exchange TransactionsWells Fargo and HSBC Bank today announced that they’re planning to settle foreign exchange (forex) transactions on the blockchain, a report by Ledger Insights confirms. Settling Forex Transactions on Blockchain According to a report published today, major global bank HSBC and US-based multi-national financial firm Wells Fargo announced they would soon be settling forex transactions

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