Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks

On Tuesday, Cambridge Centre for Alternative Finance (CCAF) astatine Cambridge Judge Business School announced a caller probe inaugural focused connected the “growing integer plus ecosystem.” According to CCAF, the recently launched collaborative effort involves 16 fiscal institutions specified arsenic the Bank for International Settlements (BIS), Accenture, EY, Goldman Sachs, and more.

CCAF Launches 2-Year Research Effort Focused connected the Digital Asset Ecosystem

Since 2015, the enactment CCAF has been dedicated to the survey of technology-enabled and innovative instruments specified arsenic cryptocurrencies. To date, CCAF has published implicit 40 manufacture and regulatory reports that screen the increasing crypto ecosystem. Additionally, CCAF is known for publishing the Cambridge Bitcoin Electricity Consumption Index (CBECI) and CBECI bitcoin mining map. This week, CCAF has revealed a caller probe inaugural called Cambridge Digital Assets Programme (CDAP), which volition beryllium dedicated to the cryptocurrency scenery and volition impact an archetypal 2 years of research.

“CCAF astatine Cambridge Judge Business School contiguous announced the motorboat of the Cambridge Digital Assets Programme (CDAP), a probe inaugural successful collaboration with 16 starring banks, nationalist assemblage agencies, and backstage organisations to shed airy connected the accelerated digitisation of assets and worth transportation systems,” the announcement connected Tuesday notes. The CCAF announcement adds:

Over an archetypal play of 2 years, CCAF volition enactment with nationalist and backstage organisations to make the empirical data, tools, and insights indispensable to facilitate an evidence-based nationalist dialog astir the opportunities and risks presented by the increasing integer plus ecosystem.

16 Prominent Financial Institutions Join the CDAP Initiative

CDAP’s collaborative spouse database includes the International Monetary Fund (IMF), Invesco, London Stock Exchange Group (LSEG), Mastercard, MSCI, Visa, World Bank, Accenture, BIS, Fidelity, EY, Dubai International Financial Centre (DIFC), British International Investment (BII), UK Foreign, Inter-American Development Bank (IDB), Commonwealth & Development Office (FCDO), and Goldman Sachs. The programme volition physique connected existing tools similar the CBECI instrumentality and the organization’s Global Crypto Asset Benchmarking Study series.

“The increasing adoption of integer assets progressively blurs the lines betwixt roles, responsibilities and applicable rules, stretching the boundaries of semipermanent organization arrangements,” Bryan Zhang, enforcement manager astatine CCAF said successful a statement. “The Cambridge Digital Assets Programme that we are launching contiguous aims to conscionable the resulting request for greater clarity by providing data-driven insights done collaborative probe involving nationalist and backstage assemblage stakeholders.”

What bash you deliberation astir the recently launched CCAF inaugural Cambridge Digital Assets Programme (CDAP)? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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