Crypto fintech Taurus launches interbank network for digital assets
Taurus’s interbank digital asset network launches with participation from Arab Bank Switzerland, Capital Union Bank, Misyon Bank, Swissquote and others.
Swiss cryptocurrency fintech Taurus has launched an interbank network that is purpose-built for regulated institutions involved in digital asset operations.
On April 9, Taurus said in an announcement shared with Cointelegraph that it had launched Taurus-Network (TN), an interbank network designed to simplify and improve digital asset transactions between regulated financial institutions worldwide.
The network aims to improve collateral mobility, optimize settlement speed and reduce counterparty risk while benefiting capital and liquidity management in digital assets.