Tag "Distributed Ledger Technology (DLT)"

SWIFT Assesses What Roles It Could Play in Future CBDC Ecosystem

As central banks around the world accelerate their digital currency efforts, international payment network SWIFT is assessing what roles it could play in this new future. In a new paper released on May 11, 2021 and produced in partnership with

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How Policy Makers Around the World are Addressing Asset Tokenization

Applications of blockchain and distributed ledger technology (DLT) in finance have proliferated in recent years, forcing policy makers around the world to step in and formulate rules in regard to asset tokenization. In a report released in January 2021, the

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German Ministry of Finance Calls for Blockchain-Based, Digital, Programmable Euro

At a time when China is trialing its own central bank digital currency (CBDC), European leaders must urgently come together and work collectively on the development of a digital, programmable euro, the Fintech Council of the German Federal Ministry of

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New Blockchain-Based Payment Systems Seek to Improve Cross-Border Trade Transactions

A new partnership between banking consortium Fnality International and software development firm Epam will seek to use blockchain technology to improve efficiency in cross-border trade transactions, enable faster trade settlement and reduce risk, Epam announced in a release on May

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Why Are 80% of Central Banks Looking into Digital Currencies?

In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot

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What is Stellar Blockchain, and Why it Matters

Since the launch of the Bitcoin protocol over ten years ago, a horde of blockchain projects have emerged to solve various problems in the financial services industry, and in the remittances and cross-border payments area, perhaps one of the most

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New SIX Paper Outlines Tech Trends Shaping the Future of Securities Value Chain

SIX, the financial services provider best known for operating the Swiss stock exchange, has released a new whitepaper that explores possible scenarios for the future of the stock exchange over the next five to ten years. Titled Future of the

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European Regulators Call for Common EU-Wide Regulatory Approach for ICOs

The European Securities and Markets Authority (ESMA) has published its advice to the European Union (EU) institutions on crypto-assets and initial coin offerings (ICOs) regulation, calling for a common EU-wide regulatory approach. In its advice paper, ESMA notes that some

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Gibraltar: Distributed Ledger Technology Regulatory Framework

The Gibraltar Financial Services Commission’s (GFSC) DLT Regulatory Framework came in to effect on 1st January 2018. This means that firms in Gibraltar, that use DLT (also known as blockchain) to store or transmit value belonging to others, now have

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Abu Dhabi Global Market Sets Out Guidance On Initial Coin Offerings And Virtual Currencies

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). Distributed Ledger Technology (DLT) has

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