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🇬🇧 𝗨𝗞 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝘀 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗚𝗶𝗹𝘁𝘀 𝗽𝗶𝗹𝗼𝘁 After days of speculation, the UK government has officially announced a pilot to issue digital gilts using distributed ledger technology (#DLT)! 📈 This pilot could transform the repo market -where cash is exchanged for gilts- by allowing faster, intraday liquidity management through blockchain’s instant settlement. Repos are set to play a key role in the #digitalgilt market, supporting short-term funding, collateral management, and even monetary policy operations. 𝘛𝘩𝘦 𝘳𝘰𝘢𝘥𝘮𝘢𝘱 𝘰𝘧𝘧𝘦𝘳𝘴 𝘵𝘸𝘰 𝘱𝘰𝘴𝘴𝘪𝘣𝘭𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩𝘦𝘴: • 𝗠𝘂𝗹𝘁𝗶-𝗦𝘁𝗮𝗴𝗲𝗱 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵: Starts with a short-term digital Treasury bill within six months, gradually expanding with more features, participants, and integration with existing off-chain markets. • 𝗕𝗶𝗴 𝗕𝗮𝗻𝗴 𝗔𝗽𝗽𝗿𝗼𝗮𝗰𝗵: A faster rollout that skips initial phases for quicker adoption. ⚖️ Like other digital finance projects, clear legal and regulatory frameworks will be crucial to build confidence and encourage broader adoption of digital instruments in the UK. #DigitalGilts #Blockchain #DLT #Fintech #UKFinance #CapitalMarkets #RepoMarket #DigitalInnovation #FinanceTransformation #GovernmentBonds #Tokenization #FinancialServices #DigitalAssets #FinancialInnovation #UK

Key Insights from the OMFIF Digital Assets 2023 Report 🚀 The latest report from OMFIF on digital assets provides a comprehensive analysis of the state and future of digital assets. Here are the most important takeaways: 1. Emerging Robust Infrastructure: • Despite the crypto winter wiping out $2.3tn in value, a resilient infrastructure focused on wholesale financial services is taking shape. • Emphasis on increasing speed, efficiency, reducing costs, and enhancing security. 2. Regulatory Momentum: • Global regulatory frameworks are rapidly evolving to address the needs of the crypto ecosystem. • Significant progress in jurisdictions like the EU, while the US lags but shows potential for legislative solutions. 3. Integration of TradFi and Crypto: • The lines between traditional finance (TradFi) and the crypto ecosystem are blurring. • The future belongs to those who can integrate token and DLT-based systems with existing financial structures. 4. Value Propositions in a Volatile Market: • Cryptocurrencies, stablecoins, and NFTs still hold value beyond speculative investments. • Potential for financial inclusion, particularly in underbanked regions, and innovative use cases like tokenization and smart contracts. 5. Applying DLT to Finance: • DLT is poised to revolutionize market structures, reduce intermediaries, and improve efficiency in areas like digital bonds and repo markets. 6. Interviews with Industry Leaders: • Insights from key figures like Tom Neylan, Financial Action Task Force (FATF), on global regulatory challenges and Claudine Hurman, Banque de France, on wholesale CBDC experiments. #DigitalAssets #Crypto #Blockchain #Finance #DLT #Regulation #Innovation #FinTech #OMFIF

🚀 DZ Bank Moves into Crypto Trading with Boerse Stuttgart Partnership DZ Bank, Germany's second-largest bank, is entering the crypto arena, granting its 700 cooperative bank customers access to cryptocurrency trading services. This strategic move is supported by Boerse Stuttgart Digital, bringing regulated and robust crypto trading infrastructure to financial institutions across Europe. 🪙 What's on Offer? - Crypto Trading Services - Crypto Custody Services The initial phase will connect the first banks to the platform this year, benefiting retail clients through a structured roll-out. 💬 Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, highlighted this initiative, stating, "We offer Boerse Stuttgart Digital's proven and fully regulated crypto trading and custody infrastructure to financial institutions across Europe." 📊 Key Stats: - DZ Bank manages $627 billion in assets - Launched a crypto custody platform last November 🏦 Competition Heats Up: Commerzbank is also stepping into the crypto sphere, planning to offer bitcoin (BTC) and ether (ETH) trading to corporate clients via Crypto Finance. German banks embracing crypto is a clear signal of digital assets entering the mainstream financial landscape. What do you think about the growing acceptance of crypto by traditional banks? Will this shape the future of finance? Share your thoughts below. #CryptoTrading #DigitalAssets #Blockchain #DZBank #BoerseStuttgart #Finance #CryptoCustody Read More:

🚀 Essential DeFi Strategies for Financial Transformation The financial industry is undergoing a profound shift as decentralised finance (DeFi) emerges as a transformative force. George Iddenden's Payments Intelligence article explores the technological, regulatory, and cultural changes shaping the transition from traditional centralised finance (CeFi) to DeFi. This article features expert insights from Natalie Lewis (Travers Smith), Lalit Kolhe (Tata Consultancy Services), and Sudeepta Das (Cohesive Architecture), who share their perspectives on DeFi’s potential to revolutionise payments while addressing the challenges of regulatory compliance and organisational adaptation. 🔍 What’s covered: • The rise of DeFi as a response to financial instability. • The importance of proactive engagement with regulators. • Use cases like stablecoins and tokenisation, driving DeFi adoption. • Cultural shifts required to embrace DeFi technologies. As DeFi continues to gain momentum, this transition promises greater transparency, efficiency, and accessibility but requires thoughtful strategies to integrate with existing systems and regulations. 📖 Dive into the full article to explore how firms can navigate the complexities of DeFi and position themselves at the forefront of this financial revolution. https://lnkd.in/e8ENPmEf #DeFi #FinancialTransformation #Blockchain #RegulatoryCompliance #PaymentsInnovation

DeFI and TradFl convergence is here…. Convergence of #defi and #tradfi which involves blending aspects of #blockchain technology with the stability of the #regulatory framework of conventional financial systems is already here! 👯♀️ Stablecoins are cryptocurrencies designed to minimize price volatility by being pegged to a stable asset, like the US dollar. TradFi institutions use #stablecoins to facilitate faster, cheaper, and more transparent #payments 👯♀️ Financial institutions are increasingly exploring the #tokenization of real-world assets like real estate, art, and commodities. This practice leverages DeFi protocols for #liquidity and #fractional ownership while adhering to TradFi regulations and standards. 👯♀️ Over a 150 countries' central banks are investigating or developing their own digital currencies. These #CBDCs embody a blend of DeFi’s blockchain technology with the regulatory and #monetary control typical of TradFi. 👯♀️ Some governments have issued #bonds and #securities using blockchain technology, which streamlines issuance processes, reduces costs, and increases transparency, thus merging DeFi innovation with TradFi #trust and regulatory frameworks. 👯♀️ Traditionally, #trading #platforms are centrally managed by specific companies. However, #decentralizedexchanges operate without a central authority and have begun attracting interest from institutional investors due to their ability to reduce #counterparty risks and enhance transaction transparency. 👯♀️ Some financial institutions have started participating in #yield farming, where investors earn returns by lending their crypto assets. These activities offer potentially higher yields than traditional savings and bonds, with the risks managed under TradFi #compliance structures. 👯♀️ Several banks have experimented with blockchain for #interbank settlements, reducing the need for intermediaries like clearinghouses, which speeds up transactions and lowers costs— an example of DeFi’s efficiency combined with TradFi’s structure. 👯♀️ Emerging DeFi platforms are seeking regulatory approval to attract traditional #investors wary of the regulatory ambiguity in typical DeFi spaces. These platforms offer DeFi services like lending and staking. 👯♀️ #Insurance is a traditional finance sector that is exploring the use of blockchain to manage and distribute policies. This involves using smart contracts for #claims processing and #fraud management among other things … and there are more #digitalassets #crypto #fintech #quantumcomputing

Kraken is reportedly considering ending support for the stablecoin USDT in the EU. The exchange’s plans come amid the push for compliance ahead of EU’s crypto regulations MiCA. Kraken is considering a move that would see the crypto exchange end its support for the Tether (USDT) stablecoin in Europe. #Considers #Ending #EU #KRAKEN #support #USDT

July 5-11, we're hosting six exclusive events at EthCC in Brussels for DeFi teams, sharing our expertise on various cutting-edge topics. Join us to explore innovative strategies and network with industry leaders. 📊 Safe Modules: Payments, Recovery & Self-custodial Asset Management Learn about payment modules, crypto debit cards, and asset management in Safe. https://lu.ma/antm0hb5 🔄 AVS Builders: Dual Token Restaking in EigenLayer Explore dual token staking design, slashing mechanisms, and AVS bootstrapping. https://lu.ma/h5j90ojf 📈 3 TVL Growth Hacks Proven to Attract Institutional TVLDiscover insurance strategies for dApps, risk-adjusted yield, and token utility enhancement. https://lu.ma/8ruzxq7t 🔗 How to List ANY Token as Collateral in Lending/Borrowing/Stablecoin Protocols Learn 5 ways to get collateral status for your token. Insights from MakerDAO, AAVE, and more! https://lu.ma/t0hy4rl6 🏗 L1/L2 Chain Builders: How to Grow TVL & MAUs Master L1/L2 innovation, attract protocols and VCs, and boost your ecosystem. https://lu.ma/ri9swm2y 💼 Liquid Funds & DAO Treasury Manager's Roundtable: Yield vs Risk Tackle challenges in DeFi liquidity funds and DAO treasuries. Explore hedge cost reduction and unconventional insurance sources. https://lu.ma/xfcv9t2w Don't miss this opportunity to level up your DeFi game and connect with the best in the industry. Follow us for updates and see you at EthCC! #EthCC #DeFi #Blockchain #Ethereum #Web3

🚨 Crypto News: 21x, a forward-thinking European fintech, is teaming up with Chainlink to level up the EU’s tokenized finance game. With MiCA regulations shaking up the European crypto scene, this collaboration is poised to capitalize on fresh opportunities in a rapidly evolving market. By integrating Chainlink’s CCIP standard, 21x is set to become the first EU-regulated platform to offer trading, settlement, and registry services for tokenized money and securities. Under the watchful eye of Germany’s BaFin, 21x isn't just adapting to change – it's embracing it. Meanwhile, $LINK is making waves as investors catch wind of Chainlink’s powerhouse partnerships. Add Brazil’s Central Bank tie-up to the mix, and you’ve got a formula for sustained bullish momentum. Could this be the era of global CCIP domination? #Chainlink #TokenizedFinance #CryptoEurope