Tag: dlt

Dec 05 2022

Malta Seeks To Remove NFTs From Crypto Law

Dec 05 2022 Published at Coinscreed under tags  dlt news nft regulation

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...

Nov 17 2022

ASX scraps blockchain plans, leaving $170m hole

Nov 17 2022 Published at Coinscreed under tags  australia blockchain news dlt exchanges

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...

Apr 27 2022

Gibraltar launches virtual asset regulation for financial service providers

Apr 27 2022 Published at Coinscreed under tags  dlt gibraltar news regulations virtual assets

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 […]

Jan 03 2022

Bank of Jamaica Announces Completion of CBDC Pilot

Bank of Jamaica (BOJ) has taken a lead in the global CBDC ecosystem. Recently, the bank announced the successful completion of its CBDC pilot.

Dec 06 2021

Vanguard and Partners to Accelerate DLT Usage in FX Forwards Trading DLT

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...

Nov 10 2021

Mar 24 2021

Seven Properties of a Distributed Ledger Technology (DLT)

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)....

Mar 03 2021

Autonomous Vehicles: GM, Ford & Constellation Network Develop Data Sharing Standard

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 &...

Feb 11 2021

Iowa Introduces Bill to Level Playing Field for Blockchain and Smart Contracts

Feb 11 2021 Published at CoinDesk under tags  dlt iowa legislation news policy & regulation

The bill was introduced by Republican State Senator Mark Lofgren to bring blockchain tech on par with traditional contracts and recordkeeping.

Dec 26 2020

Three Market Trends Fueled Enterprise DLT Adoption in 2020

Hedera Hashgraph's CEO says integrating novel technologies with existing enterprise systems will drive adoption in the years ahead.

Dec 14 2020

World’s First Bank to Offer Tokenized Shares Is from Switzerland

The Zurich-based Sygnum Bank has successfully tokenized its shares by using Desygnate platform.

Dec 03 2020

Swiss Wholesale CBDC Trial Shows ‘Feasibility’ for Central Bank Money on Distributed Ledger, BIS Says

Dec 03 2020 Published at CoinDesk under tags  bis cbdcs dlt news swiss national bank

A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.

Nov 29 2020

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

Nov 18 2020

Zilliqa Could Be Worth $3.9 Billion by 2025 – Why?

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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