IOTA makes 40%+ move after $100M ecosystem foundation announcement
IOTA price saw a high volume surge that took the altcoin to a near 1-year high, but are there reasons to support further upside? Go to Source
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IOTA launches $100 million Abu Dhabi foundation for Middle East expansion
The IOTA Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month. Go to Source
Blockchain adoption continues unabated — Bloomberg analyst
Blockchain adoption has been “unabated” throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts. Go to Source
AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s
According to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and economies across the globe. Go to Source
CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
The year-on-year growing support for digital cash is supported by ongoing domestic pilots and cross-border initiatives taken up by various jurisdictions, CitiBank’s survery found. Go to Source
NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC
The theoretical network would help the dollar maintain its status internationally with “game-changing” improvements in service. Go to Source Powered by WPeMatico
Singapore central bank reports on tokenized asset network models after trials
Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. Go to Source Powered by WPeMatico
BIS releases unified ledger proposal for cross-border, tokenized asset transactions
Like the IMF’s single ledger proposal released a day earlier, BIS’ unified ledger uses familiar concepts, such as tokenization, without the blockchain. Go to Source Powered by WPeMatico
Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. Go to Source Powered by WPeMatico
China launches national blockchain center to train half a million specialists
The institution will reportedly train more than 500,000 specialists in distributed ledger technology. Go to Source Powered by WPeMatico
