London Stock Exchange Group (LSEG) has begun the rollout of its blockchain-powered Digital Markets Infrastructure (DMI) platform, starting with private funds. The DMI platform supports the full asset lifecycle, including issuance, tokenization, distribution, post-trade asset settlement and servicing, across multiple asset classes, the company said in a...
Any kind of debate around the crypto space’s encroachment into traditional finance has been traditionally dominated by a tug-of-war between stability and growth. The Bank of England (BOE) recently added to the debate with a controversial proposal to cap how many stablecoins individuals and businesses...
Grayscale has filed with the Securities and Exchange Commission (SEC) to rename its Grayscale Chainlink Trust, which holds LINK digital assets, as Grayscale Chainlink Trust ETF. The exchange-traded fund would list shares on NYSE Arca if the SEC adopts a proposed rule change submitted by NYSE Arca to permit the...
More than 80% of the world’s bitcoin ATMs are found in the United States. And as noted in a Financial Times opinion piece Friday (Sept. 5), these ATMs appear to be clustered in Black, Latino and lower-income communities, similar to payday lenders and check-cashing operations....
Watch more: Cowboys Go Crypto as Wyoming’s Stablecoin Merges Usability With Programmability When the state of Wyoming announced the Frontier Stable Token (FRNT), it did more than introduce a new financial product. It may have cracked open a door into the next era of money...
In late 2022, the mood around the crypto industry was funereal. The scandalously criminal collapse of FTX and the implosion of associated hedge fund Alameda Research left deep scars across the digital asset world, turning once popular blockchains and their respective cryptocurrencies into “ghost” chains as...
Financial infrastructure provider Stripe and crypto investment firm Paradigm have announced a “payments-first blockchain” called Tempo that is optimized for stablecoins and real-world payments. Incubated by the two companies, Tempo is a new company that has its own full-time team and is led by Paradigm...
Blockchain platform Fireblocks has launched a network designed to power stablecoin payments. The Fireblocks Network For Payments, announced Thursday (Sept. 4), is available in more than 100 countries and designed to help institutions like FinTechs and payment services providers build products on Fireblocks’ infrastructure for...
Web3 companies are reportedly developing devices in an effort to add blockchain features to consumers’ daily lives. The latest example comes from Gaia Labs, which said Tuesday (Sept. 2) that it is developing an artificial intelligence (AI) smartphone for users in South Korea and Hong...