Britain's biggest banks have completed the first live customer transactions using tokenized sterling deposits, marking a significant step toward putting blockchain-based commercial bank money into real-world payments. … [Read more...] about UK banks move tokenized deposits toward production
Binance invests $100 million in Circle as USDC partnership expands
Binance has invested $100 million in Circle, deepening the relationship between one of the world's largest crypto exchanges and the issuer of the USDC stablecoin. … [Read more...] about Binance invests $100 million in Circle as USDC partnership expands
ECB brings central-bank money onto the blockchain with new Pontes system
The European Central Bank has launched a new blockchain settlement system that allows banks and other eligible financial institutions to settle transactions involving tokenized assets directly in central-bank money, marking a major step in Europe's effort to integrate blockchain with traditional financial infrastructure. … [Read more...] about ECB brings central-bank money onto the blockchain with new Pontes system
SEC and CFTC move ahead with crypto rules as Congress stalls
The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission are moving ahead with separate initiatives to reshape digital-asset markets, days after the Senate failed to advance a sweeping crypto market-structure bill. … [Read more...] about SEC and CFTC move ahead with crypto rules as Congress stalls
U.S. Senate rejects Clarity Act in setback for crypto regulation
The U.S. Senate on Tuesday failed to advance the Clarity Act, leaving a sweeping effort to establish a federal regulatory framework for digital assets stalled in Congress. … [Read more...] about U.S. Senate rejects Clarity Act in setback for crypto regulation
UK regulator explores tokenised gold for financial markets
Britain’s Financial Conduct Authority is examining whether gold should move onto blockchain-based infrastructure, opening a consultation on the potential use of tokenised gold in UK financial markets. … [Read more...] about UK regulator explores tokenised gold for financial markets
Latest Crypto News: MemeToro Moves From AI Memecoin Proposals to Smart Contract Execution as Crypto Market Stagnates
MemeToro has begun building the smart contract execution layer for its AI memecoin launch system, publishing its first fair-launch Solidity draft while Bitcoin and major altcoins remain caught in a hesitant crypto market. … [Read more...] about Latest Crypto News: MemeToro Moves From AI Memecoin Proposals to Smart Contract Execution as Crypto Market Stagnates
Block seeks federal bank charter for Bitcoin and stablecoin custody
Jack Dorsey’s Block is seeking a federal banking charter to bring its Bitcoin and stablecoin custody business under direct U.S. regulatory supervision, another sign that digital-asset companies are moving deeper into the traditional financial system. … [Read more...] about Block seeks federal bank charter for Bitcoin and stablecoin custody