Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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CBDC news
- The European Central Bank (ECB) said it will collaborate with five companies to develop potential user interfaces for the digital euro: CaixaBank and Worldline will be working on peer-to-peer online payments, EPI and NEXI on point of sale payments initiated by the payer, and Amazon on e-commerce payments. The aim of this prototyping exercise is to test how well the technology behind a digital euro integrates with prototypes developed by companies. It is expected to be completed in the first quarter of 2023 when the ECB will also publish its findings.
Regulation news
- The US White House has today released a “First-Ever Comprehensive Framework for Responsible Development of Digital Assets” outlining the conclusions and recommendations of various federal agencies after six months of studying the crypto industry. Among other points, the recommendations include strengthening the US’s role as a global crypto frontrunner by encouraging private-sector innovation and cooperation on an international level. The framework containing the recommendations is broken down into the following sections: “Protecting Consumers, Investors, and Businesses,” “Promoting Access to Safe, Affordable Financial Services,”…
