Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account.
Crypto Carbon Credits Exchange Secures Approval From Germany’s BaFin
Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption.
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
IFC-Backed Carbon Opportunities Fund Uses Chia Network to Settle Tokenized Carbon Credits
Investment company Sumitomo Corporation of Americas purchased a batch of tokenized carbon offsets from the Carbon Opportunities Fund.
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
Putting carbon credits on blockchain won’t solve the problem alone: Davos
Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion in Davos, Switzerland about pricing carbon credits.
ANZ’s stablecoin used to buy tokenized carbon credits
The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon.
North Dakota hopes to double the $3B of clean crypto mining in the state
North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they’re doing well so far.
SkyBridge buys 38,500 tons of carbon offsets
SkyBridge Capital has purchased 38,436 tons of tokenized carbon offsets.
Blockchain Coalition Launches Tradable Carbon Credit Token
The UPCO2 token represents a certified measure of carbon dioxide and can be traded, held or burned to offset an individual’s carbon footprint.
Climate Startup Nori Raises $4M to Solve Carbon Market Double-Spending
Nori has been funded to build a blockchain-based market for carbon credits that will start by paying farmers to remove CO2 from the atmosphere.
Carbon Credits Have a Double-Spend Problem. This Microsoft-Backed Project Is Trying to Fix That
The Microsoft-backed IWA sustainability group is building a tokenization standard that aims to bring transparency to carbon accounting.