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Czech clearing house had 'no other option' than to apply to EU DLT pilot regime but participants more optimistic about UK sandbox
Forty banks join BIS project to use blockchain for cross-border payments
Regulators' sandbox may just be bypassed
Tweaks needed — and wanted — if DLT pilot regime is to take off
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This week, a major cryptocurrency suffered an attack that strikes at the very heart of what makes cryptocurrencies valuable. And yet, for some reason, holders (or HODLers in the parlance of those in the know) didn't seem to mind. This raises the question: if a hack happens in the forest and no one cares, did it really happen? -
The cryptocurrency market, fresh from a hellish year in which 83% of its $800bn market cap went up in smoke, is facing a new, and altogether more serious threat: the 51% attack.
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VTB Capital has no interest in adopting blockchain technology for banking, said Dmitry Snesar, VTB’s head of client coverage, at VTB Capital’s Russia Calling conference in Moscow this week.
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Hong Kong Exchanges and Clearing (HKEX) has partnered with Digital Asset to develop a post-trade settlement and allocation system based on blockchain technology. It will cover northbound trading on Stock Connect.
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In this round-up, Chinese president Xi Jinping promises more support for the private sector, Australia’s state of Victoria becomes the first in the country to support the Belt and Road Initiative (BRI), and Xi and US president Donald Trump discuss trade on a phone call ahead of their meeting at the G20 later this month.
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The cryptocurrency market has had to learn a lot of lessons about the realities of finance very quickly, but the marketplace is at last developing the utilities required to smooth the boundaries between cryptocurrency and traditional finance.
