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European Commission selects Iota Web3 ID for blockchain sandbox
13.6.2024
The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale
Qatar Central Bank launches first phase of CBDC project
3.6.2024
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
19.5.2024
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital...
Mastercard joins forces with US banking titans for tokenized settlement trials
8.5.2024
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform
White House Policy Group Finds Digital Assets, DLT Vital for US National Security
14.2.2024
A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday. The Fast Track Action Subcommittee’s report categorized distributed ledger technologies (DLT), digital assets, and digital payment technologies under “data...
Solana Foundation Teams Up with Abu Dhabi Free Zone for Web3 Push
8.2.2024
Abu Dhabi Global Market (ADGM) and Solana Foundation announced Wednesday an agreement to explore blockchain ecosystem development. The collaboration aims to improve Distributed Ledger Technology solutions and drive forward blockchain innovation, a press release said. “We are excited to partner with...
Solana Unleashes Token Extensions to Enhance SPL Token Standard
25.1.2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security...
Tunisian Universities’ Hackathons to Boost Understanding of Distributed Ledger Technology
9.1.2024
Two Tunisian universities working in collaboration with the blockchain company Dar Blockchain and the Hashgraph Association are set to hold three-day hackathons. Hackathon participants are set to learn how decentralized finance (defi) can help revolutionize and make financial services widely...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
Largest Clearing House in the US Acquires Digital Asset Firm Securrency
19.10.2023
The Depository Trust & Clearing Corp., known as DTCC, has acquired digital asset infrastructure company Securrency, according to a Thursday announcement. Securrency will soon rebrand as “DTCC Digital Assets.” Looking ahead, DTCC said it plans to use blockchain technology to integrate digital...
The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs
8.10.2023
Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger, as both the volume of inscriptions and associated...
Israel Land Authority Examines Real Estate Tokenization Applications
30.9.2023
The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional real estate transactions, which are qualified...
The Scalability Solution: Understanding Layer One vs. Layer Two Blockchains
28.9.2023
Layer one (L1) and layer two (L2) blockchains offer different approaches to scaling distributed ledger networks. While developers of L1 blockchains focus on improving the base protocol, L2 programmers have moved transactions off-chain to enable faster and cheaper transactions. What Are Layer...
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
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US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs
30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...
Distributed ledger tech could save TradFi $100B a year: Lobby group
17.5.2023
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously
DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says
17.5.2023
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
28.4.2023
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
Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025
26.3.2023
Regulations governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the South African central bank has revealed. However, according to the analyst, regulators are still trying to understand or learn the risks that come with using...