Distributed Ledger technology (DLT)

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IMF reports on Blockchain and Internet of Trust

Created to avoid banks, bitcoin’s blockchain technology may end up helping them, is the subtitle of an article of IMF employees in the latest edition of the organisation’s monthly publication Finance & Development (F&D) entitled “The Internet of Trust”. The article discusses the role of technology in potentially making payment more simple and cheaper, explaining …

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Bank of England launches own FinTech Accelerator

The Bank of England (“BoE”) has published a statement in relation to the launch of its own FinTech Accelerator. According to the statement, the BoE starts the initiative to work in partnership with FinTech firms on challenges that we, as a central bank, uniquely face. The Accelerator will work with new technology firms to help us harness FinTech …

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No regulation on Blockchain for now – The truth behind the European Parliament’s decision

In a recent session members of the European Parliament voted not to develop new regulative measures for blockchain systems, hoping to spur innovation and recognising the potential of the technology to bring substantial progress for economic development and consumers in particular. During the plenary session MEPs discussed the role of Bitcoin and virtual currencies focusing …

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ESMA assesses usefulness of distributed ledger technologies

The European Securities and Markets Authority (ESMA) has issued today a Discussion Paper for public consultation on distributed ledger technology (DLT). ESMA is seeking feedback from stakeholders on the possible use of DLT in securities markets, its potential benefits and the risks that such broader use may pose. ESMA’s Discussion Paper also provides a stock-take, …

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