News Formal

LSE Group draws up plans for blockchain-based digital assets business

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

(Reuters) - The London Stock Exchange Group has drawn up plans for a new digital markets business to offer extensive trading of traditional financial ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - The London Stock Exchange Group has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powering cryptocurrency, the Financial Times reported.

"The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent . . . and to have it regulated."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LSE Group draws up plans for blockchain-based digital assets businessThe company had been examining the potential for a blockchain-powered trading venue for around a year and reached an 'inflection point' where it decided to take plans forward, Murray Roos, head of capital markets at the LSE Group, told FT in an interview. Blockchain is a digital ledger which records and verifies transactions.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »