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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.

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Bitcoin Daily: Caymans Introduce Digital Asset Regulatory Framework; Reserve Bank Of Australia To Test CBDC; Huobi Expands Support For Visa And Mastercard

PYMNTS

The Cayman Islands’ Ministry of Financial Services introduced the nation’s regulatory framework for virtual asset service providers (VASPs) on Saturday (Oct. 31), according to a press release. The framework consists of two phases, the first, which began on Oct. RBA expects to finish the project at the end of this year.

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Joint Statement: EU-UK Financial Regulatory Forum, May 2024

Neopay

Participants discussed operational resilience and agreed to explore ways to strengthen cooperation between their respective evolving oversight regimes for critical third party (CTP) service providers to the financial sector.

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Meet the 18 Finalists for the 2024 Global Fintech Hackcelerator

Fintech News

The shortlisted teams, comprising fintech firms and solution providers from regions including Australia, India, the United States, and Kenya, have presented proposals utilising technologies like Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) to enhance financial well-being and resilience in today’s evolving economic landscape.

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