Paxos expanded the capabilities of its blockchain infrastructure platform to include clearing and settlement services for transactions in eligible securities. The company’s subsidiary Paxos Securities Settlement Company (PSSC) has been granted registration as a clearing agency by the Securities and Exchange Commission, Paxos said in...
The Bank for International Settlements (BIS) and its partners have marked a new milestone in their “Project Agorá.” BIS announced Thursday (May 27) that the project had delivered a prototype that demonstrated tokenized commercial bank deposits could be combined with “the trust and safety” of tokenized central bank reserves...
Regulators have reportedly paused plans to let cryptocurrency companies trade tokenized assets tied to stocks. The Securities and Exchange Commission (SEC) had been preparing to introduce its “innovation exemption” for tokenized stocks but has since put that plan on hold, Bloomberg News reported Friday (May...
The Trump administration is reportedly readying a plan for trading digital versions of securities. That’s according to a report Tuesday (May 18) from Bloomberg News, which characterizes the proposal from the Securities and Exchange Commission (SEC) as one that could reconfigure the U.S. stock market....
The Financial Conduct Authority (FCA) and the Bank of England on Monday (May 18) issued a joint framework to accelerate tokenization within the U.K.’s wholesale financial markets. The initiative seeks to provide the regulatory and technical certainty institutional firms require to transition digital asset technology...
Corporate payments company Corpay has launched a collaboration with stablecoin infrastructure platform BVNK. The partnership, announced Monday (May 11), is aimed at offering Corpay customers stablecoin wallets and settlement capabilities. “At our scale, the ability to move liquidity quickly and reliably is critical,” Mark Frey,...
Europe must build its own modernized settlement solutions anchored by central bank money, because stablecoins alone have structural weaknesses, European Central Bank President Christine Lagarde said Friday (May 8). In a speech delivered at the Banco de España LatAm Economic Forum in Spain, Lagarde said that euro-denominated stablecoins might provide short-term gains in...
A near real-time cross-border, cross-bank redemption of a tokenized U.S. Treasury fund was successfully completed in a pilot conducted by Ondo Finance, Kinexys by J.P. Morgan, Mastercard and Ripple. The achievement demonstrates coordination between public blockchain infrastructure and interbank settlement rails, and it establishes a...
Solana Foundation’s president says increasing corporate stablecoin adoption is validating blockchain’s role as global financial infrastructure. This trend is also setting the stage for AI-driven “machine economies,” said Lily Liu, whose comments Tuesday (May 5) at Consensus Miami 2026 were reported by CoinDesk. According to the report, Liu...