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The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange. 10 Years of Decentralizing the Future The Swiss National Bank (SNB) is working on a wholesale central bank digital currency (CBDC) pilot alongside the SIX Digital Exchange (SDX) and six commercial banks. The pilot,...
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner. UK United Kingdom British England Flag (Unsplash) Binance's U.K. partneris not allowed to approve crypto ads, the local financial watchdog said on Tuesday, potentially derailing the exchange's attempts to comply with a new...
\The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. US consumer watchdog mulls applying e-banking laws to crypto The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. The top United...
The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens. Blackbird's blockchain-powered restaurant-loyalty project comes with $FLY tokens. (Unsplash, modified by CoinDesk) Blackbird Labs, an app and loyalty program that's attempting to connect restaurants and their customers via its crypto-powered app, announced Wednesday it has raised $24 million in a series...
XRP rallied about 5% following the decision. A federal judge has rejected the U.S. Securities and Exchange Commission’s bid to appeal its ground-shaking loss against Ripple, the crypto company associated with the XRP token. XRP’s price rallied about 5% on the news. District Judge Analisa Torres said in a brief ruling Tuesday that the SEC had failed to meet its...
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