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Ripple Joins ISO Global Standards Body on Cross-Border Payments

Ripple has become a member of the ISO 20022 standards body, which is driving a new data standard for payments and data messaging between global financial institutions. The company claims to be the first distributed ledger technology (DLT) focused member of the group, which includes a number of international commercial and central banks along with payment processing entities like SWIFT and Visa.

 

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Ether Futures Activity Grows Ahead of July Protocol Upgrade

An ether quarterly futures product Friday is announced, which it described as “the only one of its kind available in the market.” Settled in bitcoin, the contract trades the ether-dollar pair, and expiry is in June. This coincides with the scheduled ETH 2.0 launch in July, which Ethereum researchers are confident will happen, as CoinDesk previously reported.

 

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Dutch Govt to Embrace Blockchain in Fight Against Pandemic

A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19.

 

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Wall Street’s Meltdown Caused The Bitcoin Price Drop, Michael Novogratz Says

It’s safe to say that the past week was one of the worst for Wall Street and the global financial markets. The S&P 500 marked its quickest correction in history while other major indexes were also bleeding heavily. Bitcoin wasn’t left out, as the cryptocurrency lost a substantial chunk of its value. According to Michael Novogratz, there was a relation between both.

 

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