New Crypto Initiatives Launch; California Governor Signs Digital Financial Assets Law; Bank Regulators Address Crypto Risks; Enforcement Actions Continue

Financial Firm Completes CBDC Pilot; Exchanges Launch P2P Trading Platform – A major U.S. financial services firm recently published a press release announcing that it has “successfully demonstrated capabilities of a new solution that enables CBDCs to be tokenised (or ‘wrapped’) onto different blockchains, providing consumers with a new option to participate in commerce across multiple blockchains with increased security and ease.”…
By: BakerHostetler