Following recent political developments, countries scramble to put together a blockchain strategy. In the case of Australia, a very lengthy and detailed report has been made public recently.  No region wants to be left behind in the blockchain space. Australia has High Hopes for Blockchain Despite ignoring this technology for many years, it has suddenly become of great interest to governments globally. China, for example, has made its intentions very …
[Read More]

Multiple governments are showing an interest in tokenizing their national currencies. We have seen discussions like these take place in Singapore, the US, the UK, and a few other countries as well. Most recently, the Singaporean government has been experimenting with a tokenized SGD. This project is known as Project Ubin, and it seems the trial is currently in its third phase. It’s a positive turn of events, although it remains to be …
[Read More]

Earlier this year, the UK Financial Conduct Authority (FCA) published a discussion paper and sought out stakeholder views on distributed ledger technology (DLT) and its future development potential for the markets that it currently regulates. The results are in The FCA has now published that feedback. The regulator received a total of 47 responses from local and international trade associations, consultants, regulated firms, and law firms. According to reports, the stakeholders welcomed the FCA’s …
[Read More]