In just two weeks, more than $16 billion in USD will start being distributed to #FTX creditors—an amount comparable to the entire $BTC holdings of MicroStrategy. More likely they will invest some in crypto again!
Trade association U.K. Finance said it completed the experimental phase of a tokenization and central bank digital currency (CBDC) platform and is looking to work with regulators and other public bodies on developing payment networks based on the technology.
Involving 11 member banks, including Barclays, Citi UK, HSBC and Natwest, as well as professional service firms, the program concluded that such a platform would help deliver economic value and could enable new functionality such as programmable payments.