Quick Take
- Singapore continues to build its regulatory framework for digital assets.
- Regulatory uncertainty and overregulation in some aspects may turn away potential businesses.
The BOE’s Cunliffe said banks would have to adjust to such changes on their own. His comments come as considerable momentum builds behind CBDCs.
The post The Bank of England will not protect banks from digital currencies, says deputy governor appeared first on The Block.
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs).
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE’s responsibility.
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.
Payments for passport renewals and name changes are being processed by Coinbase Commerce.
Quick Take
- The top 10 staking networks by value participating in staking include Polkadot, Cardano, Tezos, EOS, Algorand, Cosmos, Avalanche, Tron, Band Protocol, and Synthetix
- There is roughly $12 billion in aggregate, taking part in staking on the top 10 largest staking networks by staking value
Central bank digital currencies (CBDCs) will replace cash in the long term, according to Deutsche Bank’s research team.
The post Deutsche Bank says central bank digital currencies will replace cash in the long run appeared first on The Block.
The new title and logo suggest Ripple has another payments product in the works.