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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

With more than 130 jurisdictions now researching or developing CBDCsranging from early-stage exploration to live deploymentsglobal momentum is steadily building. These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk.

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Bitcoin Daily: HSBC Backs Blockchain Firm Axoni, Researchers Uncover New Crypto Malware

PYMNTS

The firm plans to put the funds to use by growing its AxCore system, which is based on distributed ledger technology (DLT), as well its smart contracting language called AxLang. (It It also plans to enhance its technology for data synchronization.) HSBC , the U.K. bank, is backing a U.S.

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The Hashgraph Association Backs Global Center for Sustainable Digital Finance With $1.5Million

The Fintech Times

The Hashgraph Association , a Swiss-based venture capital, and technology company, has committed $1.5million to the Global Center for Sustainable Digital Finance as a founding member, aiming to drive and fund research at the intersection between sustainability and digital finance.

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SWIFT, Ripple Support EU Blockchain Group Launch

PYMNTS

Carlos Kuchkovsky, BBVA’s head of research and development for new digital business, spoke about the association last year, noting that it could play an important role in developing blockchain best practices and standards, as well as “avoiding fragmentation on a European level,” according to CoinDesk.

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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. NTT Data, Project Spunta’s developer, and payment system provider SIA, are participating in the research experiment, Ledger Insights reported.

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 World Bank Sees DLT Potential For Cross-Border Transactions

PYMNTS

At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change.

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The Corporates Betting On Blockchain To Reshape Capital Markets Infrastructure

CB Insights

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees.