Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
London Stock Exchange takes stocks onto the blockchain
The London Stock Exchange is taking a major step into blockchain-based markets, planning to offer tokenized versions of U.K. shares as it prepares to launch a new 24-hour trading venue in 2027. … [Read more...] about London Stock Exchange takes stocks onto the blockchain
Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Bitcoin climbed above $80,000 for the first time since May, extending a rally that has lifted the cryptocurrency roughly 25% in a week and revived investor appetite for digital assets. … [Read more...] about Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Japan plans blockchain system to speed stock and bond settlement
Japan's top financial authorities are preparing a plan to build blockchain-based infrastructure for settling stocks and Japanese government bonds, in a move that could overhaul how securities transactions are completed in the country's financial markets. … [Read more...] about Japan plans blockchain system to speed stock and bond settlement
Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Bitcoin surged above $71,000 for the first time since June, breaking out of a six-week trading range as a wave of forced buying sent the cryptocurrency sharply higher. … [Read more...] about Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Tether completes first full audit after years of scrutiny
Tether, the issuer of the world's largest stablecoin, has completed its first full independent audit of its financial statements, ending years of promises and scrutiny over the assets backing its USDT token. … [Read more...] about Tether completes first full audit after years of scrutiny
Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
Samsung Electronics Co. is moving to bring stablecoins directly into Samsung Wallet, potentially giving blockchain-based dollars a distribution channel spanning hundreds of millions of Galaxy devices. … [Read more...] about Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
BlackRock positions tokenized cash for the stablecoin era
BlackRock is expanding deeper into tokenized finance, this time targeting one of the fastest-growing opportunities created by U.S. stablecoin regulation: managing the assets that sit behind digital dollars. … [Read more...] about BlackRock positions tokenized cash for the stablecoin era