Overnighters,

Episode 585:

• IMF's New Cross-Border Payment System
• BIS Proposes Unified Ledger
• Slovakia Preps for Digital Euro and More

Collect the Cover:  awrd.gg/5606

The TL;DL

IMF's New Cross-Border Payment System - The IMF proposes a tokenized asset-based XC platform for cross-border transactions, offering benefits of lower fees, faster transactions, and improved information management.

BIS Proposes Unified Ledger - The BIS suggests a unified electronic ledger integrating CBDCs and tokenized assets to improve the global financial system, streamlining transactions and reducing costs.

Slovakia Preps for Digital Euro - Slovakia's parliament supports legislation protecting the right to use cash amidst the digital euro's introduction, addressing concerns about a potential cashless society.

EU Delays Digital Euro Legislation - The EU postpones digital euro legislation due to leaked drafts and discussions among finance ministers, emphasizing the need for a compelling narrative and assessing its added value.

UK's FSMB Advances - The UK's FSMB gains approval, treating all cryptocurrencies as regulated activities and introducing measures for supervision, reflecting progress in crypto regulation.

Crypto Overnighter Podcast (6/20/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com

Salem Friends of Felines: https://sfof.org/

Twitter: https://twitter.com/CryptoCorvus1

Patreon: https://www.patreon.com/user?u=67416221