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
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
South Korea plans to bring all securities on-chain from 2027
South Korea is preparing one of the most ambitious tokenization programs yet attempted by a major financial market. … [Read more...] about South Korea plans to bring all securities on-chain from 2027
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
UK bets on tokenization to reinforce London’s financial edge
The U.K. is making its strongest push yet to position itself as a global leader in blockchain-powered financial markets, unveiling a government-backed strategy that argues tokenizing traditional assets could generate as much as £33 billion ($44 billion) in additional annual economic output by 2035. … [Read more...] about UK bets on tokenization to reinforce London’s financial edge
UK unveils its comprehensive crypto regulatory framework
The United Kingdom has unveiled its most comprehensive regulatory framework for digital assets to date, moving to bring crypto businesses under a unified supervisory regime while sharpening its ambition to become a leading global center for blockchain innovation and digital finance. … [Read more...] about UK unveils its comprehensive crypto regulatory framework