UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.
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Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.
Australia’s Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
Australia’s Securities and Investment Commission (ASIC) has sued Australia’s largest market operator, ASX Limited, for allegedly making misleading statements about how its blockchain project was progressing to replace its aged Clearing House Electronic Subregister System (CHESS) before revealing it was failing, it announced Wednesday.
Tokenized Fund Adoption Grows but Brings Technology Risks: Moody’s
Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.
UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
(Kamil Rogalinski/Unsplash)
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.
Abu Dhabi’s Financial Free Zone Proposes Legal Framework for Decentralized Economy
The proposals target projects built on distributed ledger technology to provide clarity on governance structures and disclosures.