The various use case tests conducted by UK Finance in partnership with Quant, R3, DXC Technology, and Coadjute found that the Regulated Liability Network could unlock new functionalities for the UK’s financial system. The report also states that UK regulation is versatile enough to support the network’s operations. UK Finance Concludes Experimentation Phase of Regulated […]
Automattic Publishes WP Engine Term Sheet Amidst Controversy
As the Automattic-WP Engine controversy continues, Automattic published the term sheet delivered to WP Engine on September 20, 2024. “In the interest of transparency, we’ve published the term sheet we offered to @LeeEWittlinger and @heatherjbrunner, it’s a simple one-pager.”, tweeted Matt Mullenweg. The announcement post reveals that initial discussions between Automattic …
ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline payments, aiming to provide users with a cash-like level of privacy. First Progress Report on the Digital Euro Preparation Phase […]
Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization and fintech,” said Coinbase. Stand With Crypto Publishes […]
Interpol Publishes Report on Crime in the Metaverse
The International Criminal Police Organization, known as Interpol, has issued a report that examines the metaverse from a law enforcement perspective. The report considers illegality in the metaverse, including metacrime, metaverse forensics, governance, and the opportunities it presents for using it in favor of law enforcement agencies. Interpol Examines Law Enforcement in the Metaverse Interpol, […]