CFTC report endorses tokenizing trading collateral
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said.
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Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said.
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets.
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan.
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications.
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