Malta Financial Services Authority said its wants to remove service providers for NFTs from the scope of its 2018 virtual assets law. The Virtual Financial Assets Act, which also covers electronic money, virtual tokens, virtual financial assets, and all financial instruments based on Distributed Ledger Technology, is now the regulatory framework that applies to NFTs. […] The post...
The blockchain-backed upgrade, in the works for nearly five years has potentially cost Australia’s primary exchange, ASX over $170 million. The Australian Securities Exchange (ASX) has just canceled its long-promised plans to use blockchain to update its clearing and settlements system. In a Nov. 17 statement, ASX announced it had paused all current activities of […] The post...
Gibraltar has enacted new regulations for virtual assets and distributed ledger technology (DLT) service providers in a bid to face market manipulation and insider trading threats. Gibraltar's government issued the 10th Regulatory Principle of the country's financial services regulation on April 27. The information is contained in a Guidance Note issued by the Gibraltar Financial […]
Bank of Jamaica (BOJ) has taken a lead in the global CBDC ecosystem. Recently, the bank announced the successful completion of its CBDC pilot.
State Street Corporation American financial services and bank holding company, Vanguard asset manage firm, and Symbiont blockchain technology providerannounced on December 6 that they have conducte...
The company is yet to launch its crypto exchange services.
The popularity of Bitcoin and Ethereum puts a spotlight on the existence of blockchain technology. Many try to explore their potential and add new features that could potentially revolutionize the way people live. However, blockchain is not the only one of its kind. There are four others like it and all of them fall under the name Distributed Ledger Technology (DLT)....
Mobility Open Blockchain Initiative (MOBI) members General Motors (GM), Ford, and Constellation Network have all agreed to develop a new way for autonomous vehicles to share information in the coming years. As a part of the effort, the working group that includes GM, Ford, and Constellation Network, has created a wide-reaching document that will help [...] The post Autonomous Vehicles: GM, Ford &...
The bill was introduced by Republican State Senator Mark Lofgren to bring blockchain tech on par with traditional contracts and recordkeeping.
Hedera Hashgraph's CEO says integrating novel technologies with existing enterprise systems will drive adoption in the years ahead.
The Zurich-based Sygnum Bank has successfully tokenized its shares by using Desygnate platform.
According to a new report by FSInsight, the Zilliqa (ZIL) project is a promising one and could be worth as much as $3.9 billion by 2025. Based on the report, the Zilliqa project aims to cover the enticing Association of Southeast Asian Nations (ASEAN) financial services market. The researchers emphasize that...
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