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Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.

ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting

ACCESS Becomes World’s First Organization to Deploy Blockchain Voting in Annual General Meeting

The Association of Cryptocurrency Enterprises and Start-ups, Singapore (ACCESS), a non-profit organization for the cryptocurrency and blockchain sector in Singapore, has set the ball rolling as the first institution across the globe to utilize blockchain technology for an Annual General Meeting (AGM).

ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World

ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World

ASIFMA (the Asia Securities Industry & Financial Markets Associations) has availed a new white paper that reveals a roadmap for regulators and market participants on tokenized securities.

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain

MUFG Seeks Seamless Automatic Securities Settlement via Blockchain

MUFG (Mitsubishi UFJ Financial Group), one of Japan’s biggest banking institutions, has announced the establishment of an ST (Security Token) Research Consortium intended at protecting investors’ rights, as well as offering fund settlement and seamless automatic securities settlement via blockchain.

Mizuho Securities Research: 65% of PayPal Users are Ready to Use Bitcoin

Mizuho Securities Research: 65% of PayPal Users are Ready to Use Bitcoin

According to a research report released by Mizuho Securities, the majority of PayPal's users see Bitcoin as a payment means.

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data.

Bank of International Settlement Revealed Positive Outlook on Central Bank Digital Currencies

Bank of International Settlement Revealed Positive Outlook on Central Bank Digital Currencies

The Bank for International Settlements (BIS), a coalition of 62 central banks, has weighed in on the trending topic of central bank digital currencies (CBDCs). The global central bank noted a positive interest by central banks to develop their state-backed digital currencies.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

Hong Kong Securities Regulator Aims to Tighten Digital Asset Regulations Later This Year

Hong Kong Securities Regulator Aims to Tighten Digital Asset Regulations Later This Year

The CEO of the Hong Kong Securities and Futures Commission (SFC) recently stated that security tokens must be regulated by the regulatory authority.

Crypto Exchanges Not in Violation of Securities Laws by Listing XRP, Implies SEC Lawyer

Crypto Exchanges Not in Violation of Securities Laws by Listing XRP, Implies SEC Lawyer

The discovery hearing between the Securities and Exchange Commission and Ripple Labs may have tipped the scale in the latter’s favour.

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