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Trade Finance Poised for Digital Revolution Though Obstacles Remain

Fintech News

The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legal frameworks, international standards and innovative technologies.

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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). This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

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Hong Kong Consults on Proposed Regulations to Prudential Treatment of Cryptoasset Exposures

Global Fintech & Digital Assets

digital representation of value, which can be used for payment or investment purposes or to access a good or service) that depend on cryptography and distributed ledger technologies (DLT) or similar technologies. Scope of Application Cryptoassets will be defined as private digital assets (i.e.,

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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

While digital infrastructure is advancing, including cloud-native solutions and distributed ledger technologies (DLT), legal frameworks are still rooted in outdated assumptions, creating friction in what should be frictionless systems. What were finding is that the regulatory landscape needs to catch up.