🌐💼 Exciting news from Germany's financial sector! Clearstream, DekaBank Deutsche Girozentrale, and DZ BANK AG have launched groundbreaking DLT-based bonds, marking a major leap in digital finance. 🚀 🔗 These €5-million tokenized bonds were issued and settled on Deutsche Börse’s D7 DLT platform, using digital central bank money—a first in institutional-grade bond issuances. The collaboration with the ECB trials highlights DLT's potential for transforming wholesale financial transactions. 🌍 Leaders from DekaBank, DZ Bank, and Clearstream are optimistic about the outcomes, emphasizing efficiency gains and insights into digital asset lifecycles. Jens Hachmeister from Clearstream sees D7 as pivotal in establishing a robust digital securities landscape in Europe. 📈 Stay tuned as the future of finance unfolds with pioneering innovations like these! #DLT #FinanceInnovation #DigitalTransformation
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Let’s discuss the landscape of #PSD3 in the wake of Markets in Crypto-Assets Regulation and Financial Data Access framework by overviewing the historical development and evolution of #MiCAR, explaining its implications for the regulation of electronic money. Through a comparative analysis, I will provide insights into the electronic money regulation landscape for understanding the differences across jurisdictions. The course emphasizes a technology-neutral approach in electronic money regulation, unraveling the conceptual link between Electronic Money Tokens #EMTs and electronic money. We will also examine the implications of #FIDA on payment service providers, particularly focusing on the introduction of a single authorization regime for payment institutions. This 5-hours #FromBitsToBanks course block will also give an insight into the far-reaching consequences of the FIDA package on payment service providers, dissecting its impact on regulatory frameworks and market dynamics, also addressing the alignment of the PSD3 proposal with the digital finance strategy for the EU. #OpenBanking #FinTech #BankingEducation #FinTechEducation
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We are excited to have participated in the European Central Securities Depositories Association (ECSDA) Conference, where critical financial sector topics were discussed, including T+1 settlement transition, advancements in DLT, tokenization, and regulatory harmonization. These insights will pave the way for a more competitive and innovative European financial ecosystem. At Montran, we’re proud to support these developments with our expertise and smooth solutions, helping institutions navigate these transformative changes. #ECSDA #FinanceInnovation #T+1 #DLT #RegTech #Tokenization #Montran
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The GL1 Initiative, “Global Layer One - Foundation Layer for Financial Networks” GL1 is expected to be a multi-year initiative to establish the foundational digital infrastructure that could shape the future of financial networks. When this vision is realised, it could fundamentally transform an asset lifecycle and how capital markets are conducted. For this potential to be realised, it would require a scale of multilateral cooperations across jurisdictions from both the private and public sectors, that is unprecedented since the advent of the internet. The power of bringing together a network of global banks, public sector authorities and international organisations is clear: The initiative welcomes contributions from the international community to advance the development of GL1 as a foundational digital infrastructure that support the transformation of the financial industry. ——— #dataaccess #datainteroperability #FMI #globalsupplychain #crossboarderpayments #securefinancing #fraudprevention #tradefinance #openbanking #fintechdataplatform #tradematters #sustainability #digitaltrade #globaltrade #FinancialMarketInfrastructure #technology #LEI #digitalidentity #C4DTI #paperless #digitalidentities #innovation #digitalisation #paperlesstrade #digitaltransformation #digitaltradechampion #digitaltradeevangelist #openfinance #internationaltrade #digital #crossbordertrade #smartdata #cbdc #regtech #suptech #payments #innovation #banks #digitalrevenueimpact #risk #regulations #digital #m2mi #cybersecurity #risk #banking #embeddedfinance #openbanking #sustainablefinance #iot #money #bankofengland #digitaleconomy #fintech #multicurrency #privacy #artificialintelligence
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Here comes the next chapter - Clearstream acting in this use case as Market DLT Operator and Transaction Manager ... great to see that also a cleared repo works in this environment
Exciting news – #ECB trials on new technologies! 🚀 #Eurex Clearing is actively participating in the European Central Bank’s (ECB) pioneering trials and experiments for new technologies in wholesale settlement. In collaboration with the Deutsche Bundesbank, Clearstream, J.P. Morgan, DZ BANK AG and #Eurex Repo we successfully cleared the first intraday repo transaction on 12 September, with cash legs settled through the Bundesbank’s Trigger Solution. This experiment, conducted in the T2-UTEST environment represents a significant milestone towards the digitalization of the financial ecosystem. Find more information here: https://bit.ly/4cYWFcV Stay tuned for more updates on this journey!
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What are the latest developments with the EU, UK, and US Securities Sandbox Pilots? Join Jennifer M. O'Rourke as she discusses the Digital Securities Sandbox, highlighting the key similarities and differences across regions, whilst also exploring how the digital cash component of transactions will work. Register today: https://okt.to/HZBbjz #digitalassets
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…these use-cases have provided a unique opportunity to trial centrally cleared digital intraday & overnight repo transactions. The adoption of DLT-based solutions by the Eurex Repo trading platform potentially leads to a reduction in intraday liquidity risk and related capital requirements for our members as well as bringing increased efficiencies for market participants in the reduction of operational risks with shorter settlement cycles for delivery of securities and payments…. #EurexRepo #Repo #innovation #CollateralManagement #CCP #CentralCounterprty #DLT #MarketStructure Clearstream Eurex Eurex Clearing ABN AMRO Bank N.V. ABN AMRO Clearing Bank Rabobank Banque de France
#Eurex Clearing successfully participates in ECB trials for wholesale digital money pilot 🚀 We tested cash settlement solutions using Banque de France’s Full #DLT Interoperability Solution. A major step in the ECB’s exploration on distributed ledger technology (DLT) for wholesale central bank money settlement. Highlights: ✅Successful tests with Banque de France and collaboration with Deutsche Bundesbank, De Nederlandsche Bank, and Banque centrale du Luxembourg (BCL). ✅Focus on centrally cleared #Repo transactions and intraday margin calls. ✅First-time management of our own wallet on a Eurosystem’s DLT technology. This initiative shows our commitment to innovation and the future of digital finance. By integrating new technologies, we aim to enhance financial market infrastructures, ensuring stability and efficiency. Read our media release here 👉 https://bit.ly/3BRKOki Claudine Hurman | Jens Hachmeister from Clearstream | Matthias Graulich | Jens Janka | Sander Wever from ABN AMRO Bank N.V. | Jacek Wieclawski & Francois Nissen from Rabobank
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The Future of Financial Market Structure: Digital assets and tokenisation are poised to reshape the global financial landscape, but if you want to know how the worlds of TradFi and Defi are set to merge (and why they have to merge to move forward) then read ClearToken's Whitepaper: "𝘽𝙧𝙞𝙙𝙜𝙞𝙣𝙜 𝙩𝙝𝙚 𝙏𝙧𝙖𝙙𝙁𝙞-𝘿𝙚𝙁𝙞 𝙂𝙖𝙥: 𝘛𝘩𝘦 𝘍𝘶𝘵𝘶𝘳𝘦 𝘰𝘧 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 𝘋𝘦𝘱𝘦𝘯𝘥𝘴 𝘰𝘯 𝘛𝘳𝘶𝘴𝘵 𝘢𝘯𝘥 𝘙𝘦𝘨𝘶𝘭𝘢𝘵𝘪𝘰𝘯” (https://lnkd.in/eNFpJnqg) #ClearToken #DigitalAssets #DigitalFinance #TradFi #DeFi #Tokenisation
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Latest news on the ECB trials! Together with ABN AMRO Bank N.V. (issuer), Rabobank (investor) and ABN AMRO Clearing Bank (investor), we processed a new commercial paper using digital central bank money! A first for us: the cash leg was settled via Banque de France’s Full-DLT interoperability solution DL3S using the Exploratory Cash Tokens (ECTs). A first for Europe: the commercial paper had an XS ISIN under Dutch law, meaning this was the first Eurobond settled in digital central bank money. This is Clearstream‘s 5th use case at the ECB trials, exploring digital Central Bank Money payment with our #D7 #DLT. Varying the set-up of transactions, participants, central bank infrastructures and other parameters is essential to us to gain as much experience as possible to support the development of a future digital European securities issuance and settlement landscape. Thanks to all partners involved – it’s great to have such innovative spirit on that journey! Clearstream - leader in digital securities services!
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Cboe Clear Europe participates in ECB experiment on DLT. These experiments aim to explore the potential of distributed ledger technology and how it could improve efficiency for clearing and settlement https://lnkd.in/eX6V4wtC #fundadmin #Custody
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At the Benzinga Future of Digital Assets conference, Jan van Eck, CEO of VanEck, dropped some powerful insights: 📈 Emerging markets lead the way: Stablecoins are revolutionizing cross-border payments and remittances, with transaction volumes nearing double Visa's size! Yet, in the U.S., they’re still flying under the radar. ⏳ Outdated banking systems beware: Imagine a world where money moves even on holidays. Van Eck predicts this outdated system will be history in 3-5 years. ⚖️ Regulation & resistance: Regulators are a hurdle, but Van Eck isn’t holding back: "Banking regulators love control. Jamie Dimon loves control." The fight for crypto-friendly rules is on. 📊 Advisors, take note: Financial advisors need to get ahead—clients will want stablecoins integrated into their portfolios. 💡 The future is stablecoins: Faster, cheaper, and globally inclusive, stablecoins are becoming the backbone of a new financial system. What’s your take? Are stablecoins the game-changer the world needs, or is there more to the story?
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