Technology will never stop evolving, and fintech continues to reimagine new business models. According to recent news, a high-profile financial regulator believes distributed ledger technology (DLT) can enforce laws more effectively. A new era of regulation Christopher Giancarlo is a chairman of the US Commodity Futures Trading Commission (CFTC). He explained how distributed ledger technology … Continue reading CFTC Chairman: Crypto Regulation Automated with Distributed Ledger Tech (DLT)
The World Economic Forum (WEF) is now introducing a toolkit for policymakers looking to implement central bank digital currencies (CBDCs). This came during the ongoing WEF conference in Davos, Switzerland. The WEF is introducing a CBDC framework for policymakers Specifically, the World Economic Forum is partnering with some of the largest central banks in the … Continue reading World Economic Forum Introduces Central Bank Digital Currency Framework
Bank of America, the American multinational investment bank and financial services firm, is reportedly looking into crypto. Specifically, it appears that Bank of America has filed for a patent which directly references the Ripple ledger. Bank of America explores Distributed Ledger Technology This news comes from a relatively fresh filing on Google Patents. The patent … Continue reading Bank of America Files Patent for Ripple Referencing Settlement System
The United States Securities and Exchange Commission (SEC) has issued a no-action letter confirming TurnKey Jet’s ICO tokens (TKJ) are not securities. In a positive move for largely unknown jet-leasing start-up TurnKey Jet, the SEC has released a letter in which it states that the tokens the firm issues during its initial coin offering are … Continue reading SEC Ruling on TurnKey Jet: ICO Tokens Not Securities, New Digital Currency Framework?