The proposals target projects built on distributed ledger technology to provide clarity on governance structures and disclosures.
Euroclear Finalizing DLT Bond Settlement Platform, Staffer Says
The move follows interest in securities trading using central bank digital currencies.
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
The Bank of England is experimenting with tokenizing assets for real estate sales, as well as developing a digital pound, lawmakers were told.
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association.
Philippines securities regulator seeks more authority to police the crypto industry
The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.
BMW taps Coinweb and BNB chain for blockchain loyalty program
BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.
Algorand to support bank and insurance guarantees platform in Italy
This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand.
Malta prepares to revise regulatory treatment of NFTs
The revision seeks to remove nonfungible tokens from Malta’s Virtual Financial Assets Framework.
Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million.
Nifty News: Royalty-enforcing NFTs a ‘new asset class,’ South Korea buys NFTs with CBDC, and more
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them.
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.
Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov
Axelar’s co-founder shared his views on blockchain infrastructure and adoption at Converge22 in San Francisco.
SWIFT partners with Chainlink for cross-chain crypto transfer project
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network.
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.
ETH Merge will change the way enterprises view Ethereum for business
Industry experts explain how the Ethereum Merge will impact enterprise adoption for business use cases.
‘I have Bitcoin for the benefit of my kids,’ says Gibraltar MP
In an interview with Cointelegraph, MP Isola detailed Gibraltar’s crypto regulatory landscape and his interest in Bitcoin.
Blockchain-based solutions aim to address US disaster relief
Various blockchain solutions are being used by organizations and enterprises to create efficiencies for U.S. disaster relief efforts.
Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight
“Neither of the current CBDCs in circulation, such as the Sand Dollar and the Digitial Yuan, accrue interest on deposits,” said Yang.
Blockchain’s potential: How AI can change the decentralized ledger
Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts.