Image by The Crypto Times HKMA’s Howard Lee says the initiative will drive digital innovation in cargo trade a Key Highlights Hong Kong and Shanghai launch a blockchainhub to simplify shipping and link trade data globally. The platform boosts trade finance efficiency and supports tokenizedassets and stablecoin growth. Hong Kong’s clear rules and safeguards create …
Hong Kong Links Shanghai Trade Data via New Blockchain Hub 閱讀全文 »
Image by Ledger Insights Thailand’s Securities Exchange Commission (SEC) is preparing a digital bond trading system, according to the Bangkok Post. However, this will require legislation to support electronic securities and the online purchase of debentures, so the time frame is not clear. One of the aims is to streamline the issuance of bonds which …
Image by Ledger Insights Jio Platforms said it plans to add web3 features to its existing applications through an alliance with the Polygon blockchain. However, the announcement was a little thin on the details of what it’s planning specifically. Jio is the largest mobile phone operator with 448 million active users, a market share of …
India’s largest mobile co Jio partners Polygon for web3 閱讀全文 »
Image by The Crypto Times At the Federal Reserve’s Payments Innovation Conference on Tuesday, Governor Chris Waller announced plans for a new category of limited-access “skinny master accounts,” according to former Fox Business journalist Eleanor Terrett. The framework would allow all legally eligible institutions, including fintech firms, stablecoin issuers, and crypto custodians, to connect directly …
Fed Considers New Account Model for Fintech and Stablecoin Access 閱讀全文 »
Image by Ledger Insights Today the Hong Kong Exchanges and Clearing (HKEX) announced plans to automate the creation and redemption of some exchange traded products (ETPs) in 2025. The new web based platform will use distributed ledger technology and smart contracts and is subject to regulatory approval. The aim is to boost efficiency and encourage …
HKEX to use smart contracts, DLT to automate ETP issuance, redemption 閱讀全文 »
Image by Ledger Insights After the U.S. government blocked Google from working with Chinese technology firm Huawei, it developed its own operating system, Harmony OS, which drops compatibility with Google’s Android. It previously announced plans to integrate with the digital yuan, but now it has done it, incorporating the central bank digital currency (CBDC) at …
Huawei mobile OS Harmony embeds digital yuan so don’t need CBDC app 閱讀全文 »
Image by The Crypto Times Nigerian President Bola Ahmed Tinubu, has asked the judges to learn about blockchain, cryptocurrency, and new digital systems so they can tackle modern financial crimes better. During his speech at the at the Economic and Financial Crimes Commission (EFCC)–National Judicial Institute (NJI) Workshop for Justices and Judges in Abuja, Nigeria …
Nigeria’s President Urges Judges to Learn Blockchain to Fight Crimes 閱讀全文 »
Image by Ledger Insights Last week UBS said it was piloting UBS Digital Cash, a blockchain-based solution for multi-currency payments that allows clients to move money between UBS branches around the world instantly. That works for intrabank payments, but what if the recipient is at a different bank? Today UBS and Deutsche Bank announced they …
Image by Ledger Insights The Bank for International Settlements (BIS) has been involved with the mBridge cross border CBDC payment system for four years. Today the General Manager of the BIS, Agustín Carstens, said the project has been handed over to the central banks. They are the central banks of China, Hong Kong, Saudi Arabia, …
BIS hands over mBridge CBDC payment system, after BRICS controversy 閱讀全文 »
Image by Ledger Insights State Street has appointed Vanessa Fernandes to head its Digital Asset Solutions team. She spent the last two years at BNY Mellon, but most of her career at the Itau Unibanco group, latterly as CEO of Itau Digital Assets in the United States. While at Itau, she was responsible for several …
