Two, Joe Zhou and Arion Ho, join OSL from the Hong Kong Stock Exchange. OSL, Hong Kong’s first licensed cryptocurrency exchange, has hired six senior staff members, including two from the Hong Kong Stock Exchange (HKEX).

Joe Zhou and Arion Ho join OSL as director of business development and head of exchange operations in the U.K. respectively, according to a press release shared with CoinDesk on Thursday. Source Link

IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times. Fifteen banks have formed a new company with a focus on leveraging blockchain technology to process letters of credit (LC) for domestic transactions within India.

According to a report by the Economic Times on Tuesday, 10 private sector banks, four public sector banks, and a foreign bank have forged the Indian Banks’ Blockchain Infrastructure Company (IBBIC). Source Link

What is ethereum max? Here's what we found after some quick research into Kim K's new favorite (?) crypto.
On Monday morning, Kim Kardashian posted this Story to her more than 210 million Instagram followers:
Plenty of celebrities and influencers have promoted cryptocurrency and blockchain projects over the years, including huge names like DJ Khaled and Paris Hilton. But Kim K’s post is almost certainly the biggest single piece of social-media crypto promotion ever in terms of absolute reach. And it comes on the heels of shoutouts for ethereum max from other big names, including National Basketball Association great Paul Pierce and boxing legend Floyd Mayweather. Source Link

The government requested a consultancy from the Central American Bank for Economic Integration (CABEI). A multinational development bank will form a technical advisory group to help El Salvador as it implements a law recognizing bitcoin as legal tender.

The government of El Salvador resorted to the Central American Bank for Economic Integration (CABEI) to assist in the process of bitcoin implementation in the country, CABEI’s president, Dante Mossi, confirmed in a press conference on Monday. Source

The banks will experiment with cross-border settlements of two wholesale CBDCs and a French digital financial instrument on a distributed ledger technology platform.
The Bank of France and the Swiss National Bank are starting a joint cross-border central bank digital currency (CBDC) experiment dubbed “Project Jura.”

In an announcement Thursday, the Swiss National Bank said it will work with the Bank for International Settlements (BIS) Innovation Hub and a “private sector consortium” led by Accenture, to experiment with wholesale CBDCs for cross border settlement. Source Link

The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not. The world’s most influential banking regulator proposed that banks with bitcoin (BTC, +8.16%) exposure should set aside capital to cover losses in full.

The Bank for International Settlements' Basel Committee suggested splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not. Source Link

The plaintiffs have requested the stay on discovery currently in place be lifted. HDR, the parent company of crypto trading platform BitMEX, which was charged with facilitating unregistered trading in October last year, faces new “smoking gun” evidence, according to a motion filed by the plaintiffs.

The notice filed Tuesday requested that the stay on discovery currently in place be lifted and that the normal discovery process be allowed to progress. Source Link

Gamers want a great game more than anything else, and crypto hasn't delivered a great game yet. Blockchain games aren’t going to capture the public imagination until there’s a genuinely great game – full stop.

It looks like the industry thinks gamers will one day say, “Oh cool, I can own my digital items? Let’s play this blockchain game!”

That’s not how it’s going to work. This premise won’t fly until gamers say, “This blockchain game is so cool! Oh, hey, neat, I guess I really own my digital items?” Source Link