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dlt
Bank of England to Carry Out CBDC, Digital Ledger Experiments
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.

UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, legal, settlement finality and compliance, the report said.

Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more than A$500 million.

Bank of England to Carry Out CBDC, Digital Ledger Experiments
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.

Tokenized Fund Adoption Grows but Brings Technology Risks: Moody's
Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.

UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.

Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.

Blockchain and AI Are Set to Transform Financial Markets: Moody's
Incorporating AI and digital ledger technology into business models may require substantial investment, but could help lower expenses and improve market liquidity over time, a report said.

U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says
The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.
