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Article by Steve Kaaru

BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network
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16 March, 2024

BNY Mellon, Goldman Sachs lead 45 institutions in testing interbank blockchain network

Developed by Digital Asset Holdings, the Canton Network simulated 350 transactions on blockchain across tokenization, securities lending, digital cash, and...
Israel proposes for digital shekel to bear interest
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15 March, 2024

Israel proposes for digital shekel to bear interest

The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks...
South Africa approves 59 VASP licenses
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15 March, 2024

South Africa approves 59 VASP licenses

South Africa’s FSCA has received 355 applications but has only approved 262, a higher number than was previously revealed, according...
UK widens digital asset money laundering rules to include NFTs
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15 March, 2024

UK widens digital asset money laundering rules to include NFTs

This week, the U.K. Treasury published a paper detailing proposed changes to ‘crypto’ supervision, expanding the FCA’s mandate and including...
London Stock Exchange to list digital asset ETNs after FCA approval
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15 March, 2024

London Stock Exchange to list digital asset ETNs after FCA approval

The Financial Conduct Authority announced on Monday that it would not object to digital asset exchange traded note listings on...
FDIC blasts US agencies’ closed-off regulatory approach
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14 March, 2024

FDIC blasts US agencies’ closed-off regulatory approach

FDIC Vice Chair Travis Hill blasted his agency and the SEC for their approach to digital assets, leaving no room...

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