IBM offers guidance for successful implementation of digital euro
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its digital euro proposed legislation.
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Crypto travel rule implementation ‘remains relatively poor,’ says FATF
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye towards quickly implementing the “travel rule” for crypto assets.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
Bank of International Settlement will test DeFi implementation in forex CBDC markets
The centralized financial institution says the automated market making technology in DeFi can serve as a 'basis for a new generation of financial infrastructure."
The Philippines to launch pilot CBDC implementation
BSP Governor Benjamin E. Diokno says that the goal of the project is to enhance “the payment system’s safety, resiliency, and efficiency.”
One million ETH worth have been burned since the implementation of EIP-1559 in August
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year.
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent.
Monero price rises 20% after Atomic Swap implementation
The Monero Project introduced a new trustless way to exchange between Monero and Bitcoin last week.