HKMA Project Ensemble partners with Brazil, Thailand for tokenization
    29 Oct 2024
    44 Views

    The Hong Kong Monetary Authority (HKMA) has been networking its tokenization-focused Project Ensemble and has new collaborations to show for it. Project Ensemble is being linked with the Central Bank of Brazil’s (CBB) Drex pilot project and the Bank of Thailand’s (BOT) Project San. Uniting tokenization projects around the world The CBB announced the second phase of…

    ‘The Splurge’ to seek better cryptography to plan for quantum computers: Buterin
    29 Oct 2024
    109 Views

    Ethereum co-founder Vitalik Buterin says a goal of one of the blockchain’s roadmap stages is to research “advanced cryptography” to make it resistant to future quantum computers, which could break encryption. “There is a heck of a lot left to do,” Buterin wrote in an Oct. 29 blog post, which shared his thoughts on a part…

    EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
    29 Oct 2024
    63 Views

    Europe’s forthcoming regulatory framework will introduce banking concerns for stablecoin issuers that could threaten the stability of the broader crypto space, according to Paulo Ardoino. The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on Dec. 30. Under MiCA, stablecoin…