To date, the European Central Bank’s (ECBs) work on central bank digital currency (CBDC) has focused on a retail or consumer-facing CBDC. In a speech today, ECB board member Fabio Panetta confirmed the central bank is starting to evaluate whether or not to enable a wholesale CBDC for the settlement of DLT-based securities transactions amongst institutions. Sources previously

DUBAI: Sharjah property developer Arada is boosting its portfolio with a 6.3 billion dirham ($1.71 billion) office park and five new residential projects in the UAE. Arada CBD is spread over 4.3 million sq. feet of prime leasable space located in 40 smart office blocks.  It will meet demand for a contemporary business district in Sharjah

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - According to Fabio Panetta, an executive ECB board member, the European Central Bank (ECB) is reportedly evaluating its options for integrating

In January 2020, the Pharmaledger consortium started as a 36-month project to explore blockchain innovation in the pharmaceutical sector. As it’s about to enter its 34th month, the group wants to ensure that its work continues. Hence the 29 consortium members, including a dozen big pharma companies, have endorsed the creation of the non-profit Pharmaledger Association, which will continue its work.

Nomura, a leading Japanese bank, has invested in the London-based blockchain payments company Fnality. Nomura’s support positions Fnality to increase its profile in financial markets in the US, Europe, and Japan. However, Fnality did not reveal details of the deal. To facilitate the widespread usage of tokenized assets and marketplaces, a group of international institutions

Nomura joins 17 shareholder banks, market infrastructures and buy-side as Fnality builds the first trusted global DLT-based wholesale payment and settlement system   Fnality primed to lead digital assets innovation in capital markets, following investment from Nomura Nomura has invested in Fnality, and joined the international consortium of global banks focused on building a regulated, peer-to-peer

Nomura has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces. Nomura joins 17 shareholder banks, market infrastructures and buy-side firms inching Fnality closer to launch of its global DLT-based wholesale payment and settlement system. It is the forth