ChainCatcher news, according to Bitcoin.com, the cross-border central bank digital currency (CBDC) trading platform Project Mbridge has entered the minimum viable product (MVP) stage, and its infrastructure now has basic functionalities.According to a press release from the Bank for International Settlements (BIS), the project began its pilot in 2021 in collaboration with the Bank of Thailand, the Central Bank of the United Arab Emirates, the People's Bank of China (PBOC), and the Hong Kong Monetary Authority (HKMA), and is now ready for intermediate actual value transactions.

ChainCatcher news, according to Decrypt, the cross-chain interoperability project Interlay has announced the launch of a minimum viable product (MVP) based on a Bitcoin L2 solution, introducing Rust smart contracts compatible with Bitcoin libraries such as the Lightning Network and Ordinals.In addition to Rust and EVM smart contracts, the release of the BOB MVP also incorporates Interlay's trustless Bitcoin bridge and an integrated Bitcoin light client that utilizes cryptographic verification from the Bitcoin main chain. The upcoming full version will support compatibility with Ethereum.

ChainCatcher news, digital asset custodian Hex Trust announced that it has obtained a Minimum Viable Product (MVP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA), allowing Hex Trust to provide a wide range of virtual asset services to institutional clients and mature investors in Dubai under its Virtual Asset Service Provider (VASP) framework.It is reported that Hex Trust received provisional approval from the Dubai Virtual Assets Regulatory Authority in June of this year. (Source link)

Chain Catcher news, Binance announced that it has obtained a Minimum Viable Product (MVP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA), having previously received a temporary license in March 2022.Binance stated that the MVP license means that Binance will provide a range of virtual asset-related services to qualified retail and institutional investors in Dubai within the international benchmark legislative framework for Virtual Asset Service Providers (VASP), such as virtual asset trading services, exchange services between virtual assets and fiat currencies, virtual asset transfers, custody, management, issuance, and payment services. (Source link)