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CCAF starts research project with 16 banks

Cambridge Judge Business School's Cambridge Centre for Alternative Finance (CCAF) unveiled a new research project on the "expanding digital asset ecosystem" on Tuesday. According to CCAF, the recently started joint endeavour includes 16 financial organisations including the Bank for International Settlements (BIS), Accenture, EY, Goldman Sachs, and others.

CAF has released over 40 industry and regulatory publications on the developing crypto ecosystem to date. CCAF is also recognised for producing the Cambridge Bitcoin Electricity Consumption Index (CBECI) and the CBECI bitcoin mining map. This week, CCAF announced the Cambridge Digital Assets Programme (CDAP), a new research effort dedicated to the cryptocurrency ecosystem that will begin with two years of study.

According to information, CDAF announced the launch of the Cambridge Digital Assets Programme (CDAP) on March 3. It is a research venture in collaboration with 16 major banks, including government agencies, and private institutions to shed light on the rapid digitization of funds and value transfer systems. CDAP’s collaborative partners include the World Bank, International Monetary Fund (IMF), London Stock Exchange Group (LSEG), Invesco, Mastercard, Visa, MSCI, Accenture, BIS, EY, Dubai International Financial Centre (DIFC), British International Investment (BII), Fidelity, UK Foreign, Commonwealth & Development Office (FCDO), Inter-American Development Bank (IDB), and Goldman Sachs.

“The rapid usage of digital assets further blurs the distinctions between roles, duties, and relevant norms, pushing the bounds of long-term institutional arrangements,” CCAF executive director Bryan Zhang said in a statement.

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