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Is the Bank of England's CBDC announcement overdue? - Vimarsana News

Is the Bank of England's CBDC announcement overdue?

News in your inbox Channels Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Is the Bank of England’s CBDC announcement overdue? 5 hours ago Chancellor Rishi Sunak recently announced several significant updates to enhance the UK’s competitive advantage in fintech, one of which pertains to exploration of a retail central bank digital currency (CBDC). A CBDC is a central bank-issued digital money, denominated in the national unit of account, represen...

Gibraltar Adds "10th Core Principle" for Digital Asset Exchanges to Meets Defined Market Standards - Vimarsana News

Gibraltar Adds "10th Core Principle" for Digital Asset Exchanges to Meets Defined Market Standards

January 19, 2021 @ 3:06 pm By JD Alois Gibraltar, an early entrant in the digital asset ecosystem, says it is adding to its already regulated digital ledger technology (DLT) framework with the development of a “10th Core Principal” for digital asset exchanges. A “Market Integrity working group” has been created to ensure that the added regulation” meets the global market standards for exchanges and other marketplace platforms, while also considering recently defined standards set by the EU and other international bodies.” Joey Garcia, a partner at the law firm ISOLAS LLP, has bro...