The DTCC settles trillions daily, while positioning smart contracts as critical financial infrastructure.
OpenGDP offers our fin serv customers institutional-grade security, privacy, and orchestration products prepared for deployment and integration with existing systems.
OpenGDP Weekly Digest
Tumultuous times across the world have shifted focus away from programmable economics. However, progress has not halted. Let us highlight what moved the global economy closer to programmable GDP these last few weeks ⤵️
Banks and crypto battling for clarity
The Clarity Act remains a top focus as stated by POTUS, SEC Chairman Atkins, and numerous involved legislators. The issue at hand is a compromise between the banking industry, and stablecoin rewards they see as a threat to their business model. Gridlock at present.
World powers taking on tokenization
Over recent weeks; Canada, Japan, and Hong Kong have explored various methods of utilizing onchain technology. Canada is piloting tokenized bonds, Hong Kong is testing cross-border settlement, and The Bank of Japan is experimenting with 24/7 availability. These aren't emerging markets, these are global financial powers.
CFTC Chief focus on perps, prediction markets
Newly appointed CFTC Chairman Michael Selig has been publicly supporting a clear policy path for on-shore perpetual futures markets; historically developed internationally. He has also been a vocal proponent of prediction markets, which he believes should have CFTC driven legal clarity given their muddy crossover with classical sports betting.
gdp/acc
Leading indicators are everywhere. Established institutions are looking to extend existing business lines beyond the walls of traditional finance to increase availability, profits, and retention.
Economic activity made programmable.
gdp/acc
Hoy es un día histórico para Mula. Hemos aprobado en el Pleno, por unanimidad, la expropiación del #CastilloDeMula.
La lucha social y una buena gestión lo ha hecho posible. En unos meses el Castillo será 100% propiedad pública.
Ha sido un honor defender esta propuesta .