Search Results for "standard"
Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"
Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC).
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.
Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services
Zodia Custody has been given greenlight to provide cryptocurrency services to institutions.
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Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
Standard Chartered Enters The Sandbox Metaverse
Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.
zkLink Announces First "Dunkirk Test" to Establish New DeFi Safety Standard
zkLink, a multi-chain trading middleware utilizing zero-knowledge proofs, announces the first "Dunkirk Test", a new DeFi safety standard, on May 11-13. During this event, zkLink will shut down its servers for 72 hours, inviting users to try the emergency asset recovery feature, and earn rewards for taking part in the test.
Bitcoin's Potential Surge to $200K by 2025
Standard Chartered predicts Bitcoin could reach $200,000 by 2025, contingent on successful U.S. Bitcoin ETFs, with inflows estimated at $50-100 billion.
British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future
BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.
Standard Chartered Becomes the First Bank to Join the Global Digital Finance Patron Board
Standard Chartered, the British multinational bank (MNB), announced recently that the corporation would be joining the crypto and digital finance industry membership body Global Digital Finance (GDF) Patron Board.