Major Banks Embrace Tokenised Deposits as Stablecoin Alternative
Tokenised deposits may sound like just another fintech buzzword. But this week’s cross-border settlement between two global banks suggests they’re anything but.
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China’s Digital Yuan Bank Network Triples to 30 Institutions
China’s digital yuan e-CNY network expansion tripled in less than a year showing how quickly central-bank digital currencies (CBDCs) can scale.
SEC Proposes New Crypto Rules & FASB Moves to Clarify Digital Asset Accounting
American crypto regulation horizon starts clearing up. The U.S. Securities and Exchange Commission (SEC) has proposed a new framework for crypto assets. Meanwhile, the Financial Accounting Standards Board (FASB) is moving to clarify how some digital assets could be treated in financial statements.
What Is Bitcoin Today
In 2018, a decade since its launch, a single Bitcoin still cost less than a used car. Today it costs more than most houses did back then, and it’s still called volatile. So what is Bitcoin today, really: digital gold, a payment network, a speculative bet, or all three at once? The honest answer is […]
World Liberty Financial Wins OCC Conditional Bank Charter for $4B USD1 Stablecoin
The Office of the Comptroller of the Currency (OCC) has given conditional approval to World Liberty Trust Co., clearing the way for the Trump family-linked crypto venture to operate as a national trust bank. The decision lets World Liberty Financial (WLF) bring management of its USD1 stablecoin in-house. For now, the company relies on third-party […]
Mastercard’s BVNK Deal Could Reshape Kuwait’s Stablecoin and Payments Landscape
Mastercard recent acquisition of stablecoin infrastructure company BVNK garnered plenty of attention in the cryptocurrency industry.
MiCA Regulatory Clarity Is Not Enough: AMINA Group Myles Harrison on EU Stablecoin Race
Europe is currently seen by many as a bright example of well-defined crypto regulation opening doors for banks and payment providers to move from stablecoin experimentation to operational adoption. Yet, despite undeniable MiCA implementation milestones and compliant euro stablecoins gaining ground, local industry players have a lot of obstacles to overcome to establish the crypto […]
Bank of England Pilots Digital Pound-Stablecoin Trade Payments: Which Fintech Providers Involved?
NOBO Finance, Dun & Bradstreet and Polygon Labs have been selected to take part in Phase 2 of the Bank of England’s Digital Pound Lab. The programme is a sandbox where the central bank and outside companies test, with no real money involved, whether a digital pound could work alongside other forms of digital money, […]
Coinbase Wins Abu Dhabi Approval to Sell Tokenized Stocks
Coinbase has received regulatory approval in Abu Dhabi to offer tokenized securities, a step that lets the crypto exchange bring traditional stocks onto the blockchain outside the United States.
Ravencoin Rollback Highlights Unexpected Blockchain Settlement Risk
P2P blockchain network Ravencoin is facing a serious test of transaction finality after a critical flaw affected its blockchain. Two mining pools controlling most of the network’s hashpower are rebuilding the chain from before the first invalid block, potentially putting around four days of transactions at risk of reversal.
CLARITY Act Vote Is Now Due September
The CLARITY Act, Washington’s biggest attempt yet to write clear rules for crypto markets, missed its shot at finalizing in a vote before the Senate’s August recess. Nevertheless, the initiative is still very much alive. U.S. Senate Majority Leader John Thune has opened the first procedural steps needed to bring the bill to a vote […]
Sygnum Data Shows 75% Singapore Investors Already Hold Tokenized Assets
Singapore’s wealthiest and most experienced investors are not waiting for regulators to catch up. New research from digital asset bank Sygnum shows that three in four of the city-state’s high-net-worth and professional investors already own tokenized assets, at the same time as the country’s financial regulator is asking the public whether ordinary retail investors should […]
CLARITY Act Stalls Before Recess as Coldcard Wallet Exploit Rattles Self-Custody Users
Crypto had a rough week on two fronts, regulation and cybersecurity, at once and it says a lot about where the industry actually stands.
CLARITY Act Senate Vote: Payments Industry Stakes Explained
The U.S. Senate has one real shot left to vote on the Digital Asset Market Clarity Act before lawmakers leave Washington for the August recess. For payment processors and fintechs building on stablecoin rails, this bill matters far more than crypto trading stats.
Dakota Applies for OCC National Trust Bank Charter, Joining Stablecoin Licensing Race
Stablecoin fintech company Dakota has filed an application with the Office of the Comptroller of the Currency (OCC) to charter Dakota National Trust Bank, a de novo national trust bank. If approved, the new entity would let Dakota offer digital asset custody, U.S. dollar stablecoin issuance, and related transactional services as a federally regulated bank, […]
Western Union Launches Stablecard With Rain in 37 Markets
Western Union has launched the Stablecard app, a digital wallet and Visa card that lets people hold and spend U.S. dollar value backed by a stablecoin. The company built the product with Rain, a stablecoin infrastructure provider. Stablecard is live in 37 markets, and Western Union plans to expand to more than 60 markets by […]
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