Blockchain
Swift can facilitate tokenised asset transfers between different blockchains, new experiments confirm
Swift successfully conducted experiments to transfer tokenized assets between various public and business blockchains, addressing interoperability challenges.
FactsSwift facilitated tokenized asset transfers between blockchains,...
Banking
Bank of England forms CBDC Academic Advisory Group for proposed digital pound
The Bank of England and HM Treasury have established the CBDC Academic Advisory Group (AGG) to create a comprehensive architecture for the digital pound,...
Blockchain
PayPal launches US dollar stablecoin PayPal USD
PayPal is launching a fully-backed stablecoin, PayPal USD, backed by US dollar deposits and similar assets, aiming to enhance payments in Web3.
FactsPayPal is...
Blockchain
The Republic of Palau taps Ripple for first stablecoin pilot
The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...
Banking
FSB publishes global regulatory framework for cryptoassets
The Financial Stability Board (FSB) has published a global regulatory framework for crypto asset activities. This framework is a response to the intrinsic volatility...
Banking
DBS launches e-CNY merchant collection solution in Mainland China
Singaporean banking giant DBS has launched an e-CNY merchant collection solution in Mainland China, allowing businesses to receive payments in China's central bank digital...
Banking
Britcoin privacy preserved as Bank of England taps Nuggets for identity layer
The Bank of England is collaborating with Nuggets, a decentralised identity and payment platform, to design a privacy-preserving identity layer for a potential digital...
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