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The Virtual Asset Users Protection Act was passed in June without a sufficient regulatory framework, the head of South Korea’s Financial Supervisory Service said. Go to Source
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom. Go to Source
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its digital euro proposed legislation. Go to Source
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too. Go to Source Powered by WPeMatico
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body. Go to Source Powered by WPeMatico
With this move, the European Commission aims to open up the payments market that has been controlled by banks, Visa and Mastercard. Go to Source Powered by WPeMatico
The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology. Go to Source Powered by WPeMatico
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins. Go to Source Powered by WPeMatico
Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash. Go to Source Powered by WPeMatico
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon. Go to Source Powered by WPeMatico
