Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, marking a significant step in its expansion from digital asset trading into traditional banking services. … [Read more...] about Kraken parent Payward to acquire European bank in push into traditional finance
Samsung brings USDC transfers to 82 million Galaxy phones
Samsung is moving ahead with its stablecoin plans, confirming that USDC transfers will launch directly inside Samsung Wallet for eligible Galaxy devices in the United States later this month. … [Read more...] about Samsung brings USDC transfers to 82 million Galaxy phones
Tokenized equity trading hits record $15.6 billion in September
Trading of tokenized equities reached a record $15.6 billion in September, rising 16.4% from the previous month as activity in blockchain-based stocks continued to expand, according to a CoinDesk Research report published Oct. 6. … [Read more...] about Tokenized equity trading hits record $15.6 billion in September
UK banks move tokenized deposits toward production
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