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ECB Explores DLT Settlement for Wholesale Financial Markets

The announcement reflects mounting interest in the technology from traditional financial markets, including for post-trade infrastructure that finalizes deals struck in trading venues. Euroclear, a Brussels-based firm that specializes in clearing and settlement, is set to release a new platform for DLT-based bond trading shortly, and Forge, the crypto arm

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Abu Dhabi’s Financial Free Zone ADGM Proposes Legal Framework for DLT Markets

Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States. The registration authority of Abu Dhabi Global Market (ADGM) has issued a consultation paper seeking feedback on its proposed new framework for distributed ledger technology (DLT) market and token

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Abu Dhabi Global Market’s Financial Free Zone Publishes Consultation Paper for DLT Projects, Decentralized Autonomous Organizations (DAO)

"This Consultation Paper is of interest to any persons operating or planning DLT projects, persons engaging in digital asset related activities and their legal advisors, as well as DLT industry participants, associations, and stakeholders," the document said. Original Source

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Bank of England and BIS Completes Project Meridian for DLT Settlement Program

The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. In a joint financial program dubbed Project Meridian, the Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Centre investigated the use of

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Central Banks Successfully Test DLT in Linking Financial Settlement Systems

The project used DLT to link the central bank’s RTGS system "with other financial market infrastructures and ledgers automatically orchestrating the exchange in ownership of funds and assets in a resilient and secure way," according to a statement issued by BIS, which groups the world's central banks. Source

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Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says

The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4. DLT may offer benefits such as

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56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey

A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the near future.According to the results of a Fed survey released on Friday, more than 56% of senior financial

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