Search Results for "standard"
Standard Chartered's Virtual Bank, Mox Will Usher in New Era of Banking for Hong Kong
Mox Bank Limited, or Mox, the new virtual bank in Hong Kong recently launched by Standard Chartered, has now been made available to select customers via invitation in an external pilot. The aim of the pilot is to prepare the state-of-art virtual bank for the public launch scheduled for later this year.
World Economic Forum Releases GSMI Global Blockchain Standards
The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).
Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"
Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC).
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge
Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).
EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.
Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services
Zodia Custody has been given greenlight to provide cryptocurrency services to institutions.
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Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.
Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets
The United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.