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...
Bitcoin rose beyond $100,000 Thursday (May 8) for the first time in three months. As Bloomberg News reported, this increase was driven by anticipation for a relaxation of global tariff-related tensions following a new trade deal. The price of bitcoin hit a record $109,000 in...
Advocates of a referendum that would require the Swiss National Bank (SNB) to hold bitcoin in its reserves reportedly see an opportunity amid the current economic turmoil caused by U.S. tariffs. Supporters of the Bitcoin Initiative said the turmoil shows how important it is that the SNB diversify...
The convenience, security and speed of digital innovation have reshaped the way businesses and individuals transact. Now, money and assets are undergoing their own fundamental transformation. It’s all happening by way of tokenization on the blockchain. On-chain tokenization is moving from concept to practice, with...
In a move signaling intensified competition in the cross-border payments space, J.P. Morgan Chase has introduced GBP-denominated Blockchain Deposit Accounts for its Kinexys Digital Payments (KDP) platform in London. The bank said it’s one of the first products of its kind in the U.K. with...
Blockchain technology was meant to disrupt payments and finance. But while the payments space, at least in the U.S., remains in waiting for a crypto-led transformation, it is across capital markets where traditional approaches are already undergoing a quiet on-chain revolution thanks to the tokenization...
The Trump family is continuing its cryptocurrency efforts, teaming with bitcoin mining firm Hut 8. That company announced Monday (March 31) the launch of American Bitcoin Corp., which will focus on Bitcoin mining and “strategic Bitcoin reserve development.” Backing the company are Eric Trump —...
GameStop said in a Tuesday (March 25) press release that its board voted unanimously to add bitcoin as a treasury reserve asset. The retail gaming destination also announced this update to its investment policy in a Form 10-K filed Tuesday with the Securities and Exchange Commission (SEC), saying that...