US SEC Commissioner Hester Peirce is worried that the regulator is moving too slowly for the crypto ecosystem. Rather than being heavyhanded in enforcing the rules as she once feared, the agency has instead been too sluggish to clarify or update them.
The JPM Coin team replaced Constellation, Quorum’s privacy layer written in the Haskell computer language, with Tessera, which has a similar design, but is built in Java to make it easier for businesses to use and deploy.
The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds. Users can now use fiat money, bitcoin and ether to invest in and trade Belarussian government bonds.
Last month a unit of Societe Generale sold EUR 100M of mortgage-backed covered bonds in the form of digital tokens with the French bank as the only buyer. The idea was to test how the technology can be used to cut costs and speed settlement for the securities.
The Hong Kong Monetary Authority issued virtual banking rights to 4 more companies: Ant SME Services (Hong Kong) , Infinium, Insight Fintech HK, and Ping An OneConnect.
A group of traders from 35 digital assets firms are proposing to create a shared blacklist for parties who renege on trades and engage in dubious activities.
Ant Financial is exploring how to issue digital assets in some form of a token on the blockchain that would represent something of value in the physical world—whether that be fiat currency or some other kind of asset.
Posted from Diigo
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Published by kiffmeister
The Kiffmeister is a former Senior Financial Sector Expert at the International Monetary Fund.
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