The European Securities and Markets Authority (ESMA) has published a call for evidence on distributed ledger technology (DLT).
The Securities and Exchange Commission (SEC) announced this week that in May they will be holding a Fintech forum to discuss distributed ledger technology and digital assets.
The SEC has taken a mixed approach to digital asset regulation, with SEC Chairman Jay Clayton suggesting that digital assets both do and don’t qualify as securities, depending on their design. To help clarify the regulatory ambiguity around digital assets the SEC established its Strategic Hub for Innovation and Financial Technology in 2018 (FinHub). Finhub now seeks to improve communication with and understanding of the digital asset industry with this forum.
How’s that for alphabet soup? The Bank of England (BoE) has completed a Proof of Concept (PoC) to understand how a renewed Real Time Gross Settlement (RTGS) service could support settlements in systems operating through innovative payment technologies. In March, the Bank announced that it was running a POC in this field. The purpose was […]
Is the adoption of cryptocurrencies by central banks possible? Or maybe the right question in this regard should be “when?”. It seems that many central banks have already conducted a variety of tests to help answer this question. As you may remember from our previous story, back in July, the Bank of England released results […]
Eight of Europe’s largest banks have taken the first steps in rolling out a new shared blockchain commerce platform – Digital Trade Chain. The joint venture’s distributed ledger framework is aiming to connect buyers, sellers, banks, and intermediaries, in order to ease domestic and cross-border commerce for European companies. Digital Trade Chain will be rebranded […]
Project Jasper has been a year long experiment by the Canadian central bank to investigate whether blockchain, or DLT, could replace existing wholesale payments technology within that country’s financial system. The verdict? Not yet. For the moment, critical issues associated with privacy and scalability mean that the project won’t form the basis of interbank payments […]
Environments without existing or with very old infrastructure can leap frog their peers by taking advantage of new digital technologies. In Tbilisi, Georgia, they are using Blockchain to transform the Land Registry.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
