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The U.S. Securities and Exchange Commission (SEC) and Ripple said Monday that there’s little chance of settlement ahead of the expected trial of the blockchain payments firm over alleged securities infractions.In a discovery letter addressed to Federal Judge Analisa Torres at the U.S. District Court for the Southern District of
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More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.Our main discussion: Why the newest trial of China’s central bank digital currency is its most important trial yet.In this episode, NLW discusses: Source
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A Japanese city is turning to blockchain technology to allow residents to vote online in local elections.According to an announcement on Thursday, Tokyo-based blockchain firm LayerX and digital ID solutions provider xID have teamed up to build a “safe and convenient” voting platform for the city of Kaga in Ishikawa
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Hong Kong Monetary Authority (HKMA), the city’s central banking institution, said it is working with the People’s Bank of China (PBOC) to test digital yuan use cases. PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY for making cross-border payments while making the corresponding
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An under-the-wraps Swiss trial testing how central bank money can be linked to financial markets built on distributed ledger technology (DLT) yielded positive results, the Bank for International Settlements (BIS) announced Thursday. Launched by the Swiss National Bank (SNB) in collaboration with BIS’ Innovation Hub and Swiss stock exchange operator SIX,
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Central banks from two of the most powerful economies in the Middle East released today a report on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019, Project Aber was a joint effort between the United Arab
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The Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on the heels of the establishment of a new network promoting blockchain to public servants. On Nov. 23 the Australia Border Force
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The Australian Border Force (ABF), the country’s customs and border protection agency, wants to simplify cross-border trade with Singapore using blockchain technology.In collaboration with Singapore Customs and the Singapore Infocomm Media Development Authority (IMDA), the blockchain trial aims to reduce administration costs and increase trade efficiency. Specifically, it will test
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Bitcoin was trading higher ahead of the New York opening bell Monday but risked shedding its intraday gains
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A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country's government.The scheme promises to reduce the cost of EV charging transactions and enhance power grid efficiency, according to an article on
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