While some banks have started experimenting with blockchain and distributed ledger technology (DLT), widespread migration to these systems are unlikely to occur due to a number of roadblocks, including regulatory and compliance challenges, the high costs of the endeavor, as well as uncertainties about the long-term benefits and potential disruption of the technology on existing

A new report urges best practices for regulatory, supervisory, and risk controls over DLT-based systems. As more securities operations use distributed ledger technology (DLT), policymakers, regulators, and market participants need to identify regulation, supervision, and risk management practices that “support appropriate stability and protections for all industry stakeholders,” according to a new report, “The Impact

Deutsche Telekom MMS is now a validator for the Polygon public blockchain, joining a group of 100 organizations operating nodes on the proof of stake (PoS) blockchain. Polygon PoS is an Ethereum side chain. The German firm views hosting nodes and staking as a modern extension of traditional telecoms infrastructure services. Deutsche Telekom has been a

PRESS RELEASEPublished June 1, 2023London, May 2023 - Tokenovate, a financial services company providing distributed financial market infrastructure (dFMI) enabling programmatic lifecycle event management of the pre-trade to post-trade workflow for OTC and Exchange traded derivatives, and ZERO13, a GMEX Group initiative, providing a digital climate fintech aggregation ecosystem announce the successful execution of the