Preserving the Singleness of Money in a Future Digital Currency Ecosystem
This event was jointly hosted with Fireblocks on 7 November 2023. During this webinar, Varun Paul announced a new paper entitled ‘Achieving Uniformity of Tokenized Money Through Smart Contracts’. You can download this paper here. About the webinar In the future, multiple different forms of money – both public and private, and both those currently […]
Australia’s Journey Towards a Tokenized Financial System, according the RBA’s assistant governor
The Reserve Bank of Australia (RBA) has expressed interest in adopting a central bank digital currency (CBDC) as the monetary future, envisioning a system where digital money, issued by the state, would act as a tokenized version of central bank reserves. In an address titled “A Tokenised Future for the Australian Financial System,” Brad Jones, […]
Quant Elevates Blockchain Security with its New Central Bank-Grade Key Management Solution
In a significant development for the banking and financial sector, a pioneering solution called Overledger Authorise has been launched to bolster the security of blockchain-based transactions. Historically, financial institutions have banked on advanced key management systems to shield data, applications, and transactions. The dawn of blockchain and digital assets posed a challenge: the prevailing key […]
Canadian Securities Authorities Soften Stance on Stablecoin Trade
Canadian securities officials have recently elaborated on their preliminary approach to stablecoin trading, referring to them as value-based digital assets. The Canadian Securities Regulators (CSA), a collective of provincial and territorial regulators, highlighted the potential benefits of stablecoins to Canadian investors. With this, the CSA has indicated its inclination towards endorsing the trade of specific […]
Exploring the Potential of Digital Assets in Wholesale Markets | Poundcast Episode 11
In this episode of Poundcast, Jannah Patchay speaks with Duncan Trenholme, Managing Director and Global Co-Head of Digital Assets at TP ICAP. They discuss why TP ICAP became interested in digital assets for wholesale markets and the potential barriers to mass adoption. Duncan shares insights on settlement, wholesale central bank digital currencies, and the transformative […]
Ripple’s Contribution to CBDC Landscape Celebrated at Juniper’s 2023 Awards
Ripple has been bestowed with two significant accolades by Juniper Research in the esteemed Future Digital Awards for Fintech & Payments 2023. Amid an unprecedented number of entrants this year, Ripple emerged as a clear leader in the following categories: Ripple’s CBDC platform endeavours to provide a safe, sustainable, and smooth end-to-end solution tailored for […]
Abu Dhabi’s DTR Introduces Dirham-Backed Stablecoin
Distributed Technologies Research Limited (DTR), a decentralized finance (DeFi) startup headquartered in Abu Dhabi Global Market (ADGM), has unveiled a new stablecoin named DRAM, anchored to the UAE dirham. Akshay Naheta, founder and CEO of DTR, has expressed that the motivation behind creating a dirham-backed stablecoin is to carve out a space in the massive […]
Circle Defends Stablecoins Amid SEC’s Case Against Binance
Circle, the organization behind the USD Coin (USDC) stablecoin, has presented its perspective regarding the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the cryptocurrency platform, Binance. Circle contends that stablecoins, which are cryptocurrencies tied to stable assets like the U.S. dollar, should not be classified as securities. In their legal document, Circle posits that […]
Hong Kong Aims for Stablecoin Regulatory Clarity by 2024
Hong Kong is deepening its commitment to crafting a stablecoin regulatory framework, as recently shared by local lawmaker Duncan Chiu. Over the last two years, Hong Kong has been engaged in developing guidelines for stablecoins. Early in the previous year, the Hong Kong Monetary Authority (HKMA) released a discussion document on this matter. Fast forward […]
Binance and MUTB Collaborate to Introduce New Stablecoins in Web3 Push in Japan
Binance Japan Inc and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have commenced a joint study for the issuance of a new stablecoin pegged to fiat currencies, including the Japanese Yen and other foreign currencies. The collaboration seeks to bridge the gap between fiat currencies and the digital realm, with a focus on accelerating the […]
