Papua New Guinea is the latest nation to throw its hat in the ring for a central bank digital currency (CBDC), with the Pacific island nation seeking use cases around financial inclusion for its citizens. This CBDC effort is an experimental project designed to assess the offering’s viability before a full-scale commercial rollout. The Bank

The rapid evolution of financial technology, commonly known as FinTech, has significantly reshaped various aspects of the financial sector. One of the most profound areas of influence is on cross-border investments and capital markets. As technology continues to advance, it brings about transformative changes that enhance efficiency, reduce costs, and improve accessibility for investors worldwide.

Scaling infrastructure for digital securities settlement In May the European Central Bank tested the settlement of securities using distributed ledger technology (DLT), and a second wave of tests was recently launched. „The response to this second round of testing is huge. Around 60 market participants have registered. This shows that banks and clearing houses want

SINGAPORE / ACCESSWIRE / July 23, 2024 / Ample FinTech, a Singapore-based FinTech company, revealed its novel programmable money technology PBM3525 today. This technology enables individuals and commercial users to configure and customize payment conditions and logics on blockchains without involving financial intermediaries or programming smart contracts themselves. Ample FinTech stated that it has successfully

The duo took part in an experiment on the use of DLT for non-TARGET margin calls. Cboe Clear Europe, a pan-European clearinghouse, and ABN Amro Clearing Bank N.V., report that they have been testing the use of a central bank digital currency (CBDC) as collateral, essentially exploring the potential of distributed ledger technology (DLT). In

Today Libre unveiled its tokenized funds on its second public blockchain, Solana. The new fund is a feeder fund for Hamilton Lane’s Senior Credit Opportunities Fund (“SCOPE”). Libre is a public blockchain fund tokenization protocol, which is a joint venture between Nomura’s digital asset arm Laser Digital and WebN, founded by the former CEO of Brevan

PRESS RELEASE 23 July 2024 CJ CJC Ltd More CJC is the leading market data technology consultancy and service provider for global financial markets. CJC provides multi-award-winning consultancy, managed services, cloud solutions, alert monitoring and observability, and commercial management services for mission-critical market data systems. CJC is vendor-neutral and ISO 27001 certified. The DRDM DLT