IHS Markit Has a Plan to Tokenize the $1 Trillion Syndicated Loan Market IHS Markit is developing a blockchain-based system to handle cash payments in syndicated loans – and eventually, in a wider range of transactions.… Read More
Russian Institutions to Trial Central Bank ICO Platform Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.… Read More
Norway’s Central Bank Mulls Digital Currency as Cash Use Declines Norges Bank has released a report suggesting it might one day launch a digital currency as citizens continue to turn away from physical money.… Read More
India’s Supreme Court to Hold Crypto Lawsuit Hearing in July The Supreme Court of India has decided to hear crypto-related cases with respect to the news from RBI stopping banks from dealing with cryptos.… Read More
Fed Governor Says ‘No Compelling Need’ for US Central Bank Crypto Fed governor Lael Brainard has said that cryptocurrencies do not pose a threat, and there is “no compelling need” for a Fed-issued digital currency.… Read More
Indian High Court to Hear Case Against Central Bank Crypto Ban The High Court of Delhi has recognized a petition over the Reserve Bank of India’s ban on banks engaging with cryptocurrency services.… Read More
Japanese Official: No Plans For Central Bank Cryptocurrency The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability. … Read More
Bank of England Eyes Regulatory Oversight of Private Blockchain Data The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.… Read More
Swiss Central Banker: State-Backed Crypto Would Pose ‘Incalculable Risks’ Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer payments.… Read More
Fed Governor Calls Out Crypto Market Over ‘Extreme Volatility’ Lael Brainard, a governor at the U.S. Federal Reserve, has said bitcoin and its peers raise investor protection and money laundering concerns.… Read More