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Bitcoin Daily: Italy's Banks Test Digital Euro On DLT

PYMNTS

The digital currency in trial is supported by distributed ledger technology (DLT), and the two-part experiments also aim to examine the use cases of a DLT-enabled currency. Any bank can participate in the digital currency initiative, Ledger Insights reported.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

To that end, a Bank for International Settlements ( BIS ) study concludes that “embedded regulation” might offer a solution for stablecoins, defined as cryptocurrencies with values tied to fiat currencies or other assets. In a paper that debuted Tuesday (Nov. Embedded supervision can center on data collection and supervision.

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Bitcoin Daily: Bank Of Canada Tests DLT; Crypto Startup Uphold Gets Into Loans

PYMNTS

The system, intended to be linked with market infrastructure already in place, enabled participants to settle mock securities with mock central bank cash. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

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Project mBridge Reaches MVP Stage, Expands International Participation

The Fintech Times

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The announcement comes in the wake of 15 banks’ participation in the Marco Polo consortium, with a roster that includes ING , BNP Paribas and Thailand’s largest bank, Bangkok Bank.

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Accenture, TradeIX Partner On Blockchain Trade Finance

PYMNTS

With [distributed ledger technology] DLT, Accenture has been focused on financial services infrastructure, supply chain and digital identity — this hits the core of all three of those.” .

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Gold: Sourced Digitally, Ethically And Via Blockchain

PYMNTS

Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise.