2 / 2 Relevant items tagged with #DLT

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BIS releases unified-ledger proposal for cross-border, tokenized asset transactions

[Jun 20, 2023 12:00 PM] Like the IMF’s single-ledger proposal released a day earlier, BIS’ unified ledger uses familiar concepts, such as tokenization, without the blockchain.

Distributed ledger tech could save TradFi $100B a year: Lobby group

[May 16, 2023 10:18 PM] A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously.

China launches national blockchain center to train half a million specialists

[May 11, 2023 4:40 AM] The institution will reportedly train more than 500,000 specialists in distributed ledger technology.

Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

[May 8, 2023 2:20 PM] Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.

White House to build international standards for DLT

[May 5, 2023 3:55 AM] The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector.

Abu Dhabi's Financial Free Zone Proposes Legal Framework for Decentralized Economy

[Apr 21, 2023 3:47 AM] The proposals target projects built on distributed ledger technology to provide clarity on governance structures and disclosures.

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

[Mar 8, 2023 2:30 AM] The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in…

Fed governor Waller says crypto ecosystem has distinct parts with varying potential

[Feb 10, 2023 3:45 PM] 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

[Feb 6, 2023 12:44 PM] 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

[Jan 30, 2023 12:06 AM] The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.

BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand

[Dec 30, 2022 11:30 PM] BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing…

BMW taps Coinweb and BNB chain for blockchain loyalty program

[Dec 29, 2022 5:50 AM] 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

[Dec 13, 2022 5:13 PM] 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

[Dec 5, 2022 10:27 AM] The revision seeks to remove nonfungible tokens from Malta's Virtual Financial Assets Framework.

Aussie stock exchange abandons blockchain plans, leaving $170M hole

[Nov 16, 2022 11:04 PM] The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million.