UK Gov Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy

The U.K. government on Tuesday said it intends to enable the wholesale market to identify the best distributed ledger technology (DLT) use cases as well as roll out tokenization solutions. The country wants DLT – the blockchain technology that underpins crypto – to be utilized across different sectors in wholesale financial markets and create cross … Read more

Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody

Changpeng Zhao, the founder and former CEO of Binance, was released from US custody on September 28 after completing a four-month sentence in a California-based low-security prison, Lompoc II. The crypto mogul, who has been banned from the Binance leadership for lifetime, has decided to remain a part of the blockchain ecosystem as an investor. … Read more

EU ECB Commits to Distributed Ledger Technology Settlement Work

The European Central Bank (ECB) Governing Council has approved research efforts that will use central bank money to settle distributed ledger technology (DLT) transactions, as the body looks to make its payment systems more efficient. One short term approach is called “Pontes” which will link DLT platforms with Eurosystem TARGET services that ensure the flow … Read more