The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency
ECB Probes Decentralized Settlement for Wholesale Financial Markets
Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies.
Nonprofit to expand DLT adoption through grants of up to $5M
The DLT Science Foundation opened its call for grant proposals, offering up to $5 million for eligible individuals or organizations.
China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.
BIS marks CBDC pilot as ‘successful’ with $22M transacted
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
South Africa finishes technical PoC for wholesale CBDC settlement system
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform.
ASX Under Pressure to Further Delay Rollout of DLT Settlement System
The blockchain-based clearing and settlement system from Australia’s biggest stock exchange faces further delays if unhappy firms get their way.
Microsoft, EU-Based Universities Say Blockchain Could Help Meet Paris Agreement Carbon Goals
A new paper from Microsoft and universities in Germany and Denmark sets out how blockchain technology could overcome issues with providing an international carbon credit market.
State Street: 38% of Clients Will Put More Money into Digital Assets in 2020
The majority of asset managers that bank with State Street are interested in digital assets, but none have asked the global custodian to store them yet.
US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
NBA’s Sacramento Kings to Reward Loyal Fans With Crypto Tokens
Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.
Hyperledger Blockchain Group Weighs Changes to Fix Election Issues
The blockchain consortium’s powerful technical steering committee is discussing changes to its elections process to boost voter turnout and more.
Algorand Integrates Tech to Bring Users Detailed Analysis of Largest Blockchains
Algorand is gaining the ability to analyze the largest blockchains by adding the PARSIQ monitoring system to its platform.
Hedera Hashgraph, Touted as High-Speed Blockchain Alternative, Goes Live
Hedera Hashgraph has launched its long-awaited public network, backed by major corporations and promising faster transactions than any blockchain.
IBM Official Elected Chair of Hyperledger Blockchain Tech Board
Arnaud Le Hors of IBM has been elected chair of the technical steering committee at Hyperledger, succeeding Intel’s Dan Middleton.
IBM, Tata Become First Big Techs to Back Hedera Hashgraph Blockchain
IBM and Indian telecom Tata Communications have joined the governance council of Hedera Hashgraph, a blockchain alternative for enterprises.
IBM Files Patent for a Blockchain-Based Web Browser
The patent describes a peer-to-peer network for managing and storing browsing session data.
New Jersey Signs Blockchain Task Force Program Into Law
A new program will bring blockchain solutions to the NJ government.
Microsoft, Salesforce Join Hyperledger Enterprise Blockchain Consortium
Microsoft and Salesforce have joined Hyperledger, lending their enterprise software heft to the DLT consortium.