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The DLT Science Foundation Makes its Public Launch to Revolutionize Industries and Society with Distributed Ledger Technology

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Time Stamp: March 20, 2023 6:24 AM - Modified On: March 20, 2023 - Published By:
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With the support of Hedera, the DLT Science Foundation will empower cutting-edge education, research and innovation in DLT through its open network of world-class universities. Initial members include esteemed global research institutions IIT Madras, LSE, NUS, UCL and UZH London, UK — 20th March 2023 — The DLT Science Foundation (DSF), a global, non-profit organisation, launched today with the goals of expanding knowledge and adoption of, and removing barriers to, fundamental breakthroughs in the field of distributed ledger technology (DLT). Central to the Foundation’s plan to support the responsible adoption

ING spins out Pyctor digital assets technology to GMEX Group

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Time Stamp: July 11, 2022 3:59 PM - Modified On: July 11, 2022 - Published By:
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Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

Israel adds more teeth to crypto and money laundering regulations

Source Node: https://bitcoinerx.com/blockchain/israel-adds-more-teeth-to-crypto-and-money-laundering-regulations/
Time Stamp: November 18, 2021 4:21 AM - Modified On: November 18, 2021 - Published By:
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In its campaign against cryptocurrency fraud, Israel is upping the ante. New legislation has gone into action to prevent illegal behavior and normalize the use of bitcoin and other FinTech products, according to the Authority for Combating Terrorism Financing and Money Laundering’s director.  The execution of these regulations, as stated by the leader, Shlomit Wegman, will help to establish order and clear norms. New restrictions and benefits The regulations are a direct result of the Financial Action Task Force’s 2018 requirements. The Financial Action Task Force (FATF) is made up

Israel Beefing Up Crypto and Money Laundering Regulations

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Time Stamp: November 17, 2021 1:14 AM - Modified On: November 17, 2021 - Published By:
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Israel’s Authority for Combating Terror Financing and Money Laundering has announced a tightening of regulations applying to the crypto and Fintech sectors.Sponsored Sponsored Israel is upping the ante in its fight against cryptocurrency crime. The Authority for Combating Terror Financing and Money Laundering announced via the authority director that new regulations have come into effect to combat criminal activity and normalize the use of cryptocurrency and other FinTech products. According to authority director Shlomit Wegman, the application of these regulations will help to establish order and clear standards.  The regulations

UOB and ADDX Collaborate On Sustainability-Linked Digital Bond

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Time Stamp: October 7, 2021 12:32 PM - Modified On: October 7, 2021 - Published By:
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SINGAPORE, 7 OCTOBER 2021 – UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital securities to enhance the efficiency of bonds and other fixed income instruments. UOB was appointed as a joint lead manager for the S$675-million sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services (SFS). The bank also partnered with ADDX to custodise and manage a S$50-million portion of