DLT Financial News

26.06 / 18:53

Adoption Digital Asset DLT reports network Singapore central bank reports on tokenized asset network models after trials

As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to unlocking the full benefits of the technology is open and interoperable digital asset networks, the MAS said in its Project Guardian report released June 26.

29.11 / 13:39

business Blockchain Adoption IOTA Internet of Things DLT Middle east IOTA launches $100 million Abu Dhabi foundation for Middle East expansion

The open-source blockchain developer IOTA announced on Nov. 29 that it is launching a foundation, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi to focus on the growth of its distributed ledger technology (DLT) in the Middle East region.

04.11 / 19:13

business Blockchain Technology Tokens Bloomberg Smart Contracts DLT analyst Blockchain adoption continues unabated — Bloomberg analyst

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts.

18.09 / 15:03

defi Analysis Opinion proof-of-work Proof-of-stake DLT Tech Decentralized finance needs alternatives to blockchain

One of the laziest and most frustrating criticisms of digital currencies — particularly Bitcoin (BTC) — is when pundits liken it to a pyramid scheme dependent on the “greater fool” joining to make a quick buck. While some people do indeed purchase digital assets purely for speculative purposes, it’s unfair to ignore many of the great services and achievements that are being made by developers in areas such as remittances, logistics, financial inclusion and intellectual property.

07.09 / 17:29

business Blockchain Technology Adoption DLT AI and blockchain will 'reshape sectors' and create new markets from scratch — Moody's

Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6.

23.08 / 09:53

business CBDC Adoption DLT CBDCs offer faster settlements: Citi survey of global securities firms

Discussions around shortening local financial settlement cycles within the next five years have most securities firms eyeing central bank digital currencies (CBDCs).

19.07 / 17:27

Blockchain White Paper Decentralization DLT Bitcoin Why isn’t smart money’s effect on crypto’s original promise discussed more?

Ignoring the original, utility-driven ideas introduced in the early documents on digital cash became the new normal once adopters stumbled upon a cryptocurrency price ticker. Are new price tickers a sign of innovation?

10.07 / 19:57

Stablecoin regulation security DLT Parliamentary report recommends Canada recognize, strategize blockchain industry

A Canadian House of Commons committee report has recommended that the country “recognize blockchain as an emerging industry,” and take all the steps that entails. There are a lot of steps needed, it said.

06.07 / 22:49

Adoption security Tokens DLT UK government Future Financial Gaining speed on tokenization is vital for UK’s financial future, banking group warns

Advocacy group UK Finance is urging the British government to encourage securities tokenization. The market is small now, but the future stakes are high, it said.

06.07 / 19:31

CBDC Adoption Federal Reserve DLT network NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC

The Federal Reserve Bank of New York’s Innovation Center (NYIC) has completed its proof-of-concept of a regulated liability network (RLN) in conjunction with nine large financial institutions and the Swift network. The project created theoretical infrastructure to exchange and settle commercial bank deposit tokens and central bank liabilities using distributed ledger technology and a simulated central bank digital currency (CBDC) in the United States.

20.06 / 19:07

CBDC Adoption IMF Digital Asset DLT Ledger BIS Cross-border BIS releases unified-ledger proposal for cross-border, tokenized asset transactions

The Bank for International Settlements (BIS) has released a chapter of its annual report early. That chapter, on the future of the monetary system, discusses “a new type of financial market infrastructure — a unified ledger.” The chapter was published June 20, one day after the International Monetary Fund (IMF) released a paper describing its “single ledger” cross-border payments concept.

17.05 / 04:21

business Blockchain Adoption Payments Smart Contracts DLT Financial Services TradFi Lobby Distributed ledger tech could save TradFi $100B a year: Lobby group

Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association (GFMA).

11.05 / 10:47

Blockchain Adoption DLT National China launches national blockchain center to train half a million specialists

On May 10, the National Blockchain Technology Innovation Center, first announced in February, has officially started its work in the capital city of Beijing. The Center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain implementation in China. The institution will reportedly train more than 500,000 specialists in distributed ledger technology (DLT).

05.05 / 10:37

Blockchain regulation white house DLT International White House to build international standards for DLT

In the United States, the White House released the national standards strategy for key and emerging technologies on May 4, identifying eight technology sectors that will have a significant economic impact in the near future.

20.03 / 16:25

Blockchain Adoption DLT Non-Profits Hedera Non-profit to expand DLT adoption through grants of up to $5M

The non-profit organization DLT Science Foundation (DSF) has launched with the aim of fostering the adoption of distributed ledger technology (DLT).

11.02 / 01:01

regulation Smart Contracts Federal Reserve DLT Fed governor Waller says crypto ecosystem has distinct parts with varying potential

The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the three elements of the ecosystem that he identified.

06.02 / 22:35

regulation DLT MICA Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says

The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4.

23.01 / 05:49

Blockchain Stablecoin CBDC Digital Currency Payments Central Bank DLT Chinese blockchain firm launches the 'SWIFT' of stablecoins and CBDCs at Davos

A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs).

17.11 / 08:29

business exchanges DLT Aussie stock exchange abandons blockchain plans, leaving $170M hole

The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.

08.11 / 07:51

applications Marketplace DLT Nifty News: Royalty-enforcing NFTs a 'new asset class,' South Korea buys NFTs with CBDC, and more

Jack Lu, the CEO of Solana-based nonfungible token (NFT) marketplace Magic Eden has floated the idea of NFTs designed to enforce royalties.

15.08 / 08:27

Blockchain Adoption interview DLT Celestia Celestia: Launching a blockchain to be as easy as deploying a smart contract

Developers and communities will be able to deploy their own sovereign, custom-made blockchains at the “click of a button” says Celestia co-founder Ismail Khoffi.

DLT Financial News

popular questions about DLT

What is DLT and why is it gaining attention?

Where can I find the latest updates on DLT?

How can I verify the accuracy of information on DLT?