Deutsche Bank is reportedly considering expanding its efforts in the digital asset industry as countries adopt regulations for the sector. The bank is looking at stablecoins, including issuing its own or joining an industrywide project, and at a tokenized deposit solution that it would develop...
Keeta and SOLO have launched a blockchain-native credit bureau. This new offering was created by a partnership of Keeta, the company behind a blockchain that connects various Web3 and traditional financial systems, and SOLO, a credit data infrastructure platform backed by more than 100 banks, according...
JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday (June 4). The decision applies globally across both retail and institutional segments and reflects the bank’s growing acceptance of regulated...
Block plans to launch bitcoin payments on its business technology platform Square, enabling merchants using the Square Point of Sale app to accept bitcoin payments directly through their Square hardware. The company plans to begin rolling out this new, native Bitcoin For Businesses offering in...
Stablecoin issuer Tether reportedly plans to continue to focus on markets outside the U.S. even as it works to become compliant with potential U.S. regulation of the digital tokens. “We are looking at the GENIUS Act in a way that will allow us to become compliant,” Tether...
It’s been over 15 years since the first bitcoin was minted. Now, cryptocurrency is making good on some of its promises to reshape centuries-old financial paradigms. The sector’s latest target? Equity markets. Crypto exchange Kraken is planning to offer tokenized versions of more than 50...
R3 and Solana Foundation have partnered to bring regulated real-world assets onto a public blockchain. This collaboration will bring together R3’s private enterprise blockchain, which is used by regulated financial institutions, and the Solana public mainnet, the organizations said in a Thursday (May 22) press...
Cryptocurrency exchange Kraken is reportedly set to start rolling out tokenized equities that will be available to customers in Europe, Latin America, Africa and Asia in the coming weeks. Using tokens called xStocks, Kraken plans to offer tokenized versions of more than 50 stocks —...
In many ways, it’s no longer a question of when blockchain technology will go mainstream across financial services. It’s becoming a question of when regulations will catch up for its use. But when, or even if, cryptocurrency policy frameworks are brought to life, many observers...