SWIFT is testing a blockchain project with crypto startup Symbiont to drive “efficiencies in communicating significant corporate events”, like mergers (Katherine Doherty/Bloomberg)

Katherine Doherty / Bloomberg:
SWIFT is testing a blockchain project with crypto startup Symbiont to drive “efficiencies in communicating significant corporate events”, like mergers  —  SWIFT, the messaging system used by financial institutions globally to convey instructions on tens of millions of transactions each day, is testing out blockchain.

Related Articles

SWIFT is working with blockchain data provider Chainlink on a cross-chain interoperability protocol to let SWIFT messages instruct on-chain token transfers (Aoyon Ashraf/CoinDesk)

Aoyon Ashraf / CoinDesk:
SWIFT is working with blockchain data provider Chainlink on a cross-chain interoperability protocol to let SWIFT messages instruct on-chain token transfers  —  Interest from institutional investors moving into crypto has been “undeniable,” according to SWIFT’s Strategy Director.

The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points  —  European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …

South Korea details more “abnormal” foreign exchange transactions, most related to crypto, bringing the total to $7.2B since June; 72% went to Hong Kong (Kyungji Cho/Bloomberg)

Kyungji Cho / Bloomberg:
South Korea details more “abnormal” foreign exchange transactions, most related to crypto, bringing the total to $7.2B since June; 72% went to Hong Kong  —  South Korea confirmed more cases of “abnormal” foreign-exchange transactions, mostly related to cryptocurrencies, the nation’s financial watchdog said.

Sources: Netflix plans to expand its pre-release content screening program, the Netflix Preview Club, from 2,000+ users to tens of thousands in early 2023 (Wall Street Journal)

Wall Street Journal:
Sources: Netflix plans to expand its pre-release content screening program, the Netflix Preview Club, from 2,000+ users to tens of thousands in early 2023  —  Streaming giant plans global expansion of program that helped make ‘Don’t Look Up’ less serious  —  Netflix’s Turbulent Year: How It Reversed Subscriber Losses

China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth  —  China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …

The Australian Securities Exchange paused its years-long blockchain project to replace its settlement and clearing system, saying it plans to write-off $175M (Michael McSweeney/The Block)

Michael McSweeney / The Block:
The Australian Securities Exchange paused its years-long blockchain project to replace its settlement and clearing system, saying it plans to write-off $175M  —  – The Australian Securities Exchange (ASX) is dropping a long-in-the-making blockchain-powered replacement for its CHESS settlement and clearing system.