Jefferies said it expects a new wave of crypto and blockchain-related public listings as institutional adoption of digital asset infrastructure accelerates on Wall Street and in the payments industry. In a report released after its first digital assets investor conference in New York, Jefferies said it expects crypto-related public listings to increase over the next […]
A major experiment by the Bank for International Settlements (BIS) has found that tokenization could help solve some of the biggest problems in cross-border payments, from slow settlement times to costly reconciliation between banks. The Agorá Project, a joint effort of the BIS, seven central banks and more than 40 private financial institutions, concluded that
During the recent Senate review of the Digital Asset Market Clarity Act (CLARITY), Senator Angela Alsobrooks (D-MD) shared a story that should resonate with every American parent. She spoke about her twenty-year-old daughter and her daughter’s generation – their intuitive interest in digital assets and their desire for a modern financial system that provides both
Why the Senate must finish work on digital assets Read More »
Block’s Cash app has quietly started rolling out its highly anticipated stablecoin payments feature, a source familiar with the matter told CoinDesk on Wednesday. According to this person, the feature is now active for 25% of Cash App’s nearly 60 million users, and they expect to reach 100% by the end of the week. Block
Banca Sella said it has become the first Italian lender to obtain a crypto services license from the Bank of Italy under the European Union’s Markets in Crypto Assets (MiCA) regulation. The private bank, which manages 50 billion euros ($54 billion) in assets and has more than 3.1 million clients, said it had completed a
Orca, one of Solana’s largest decentralized exchanges, is launching new infrastructure aimed at bringing real-world regulated assets on-chain, as crypto companies move deeper into tokenized stocks, commodities and other traditional financial products. The Solana-based platform announced Wednesday that it has rolled out “permitted pools,” a system that only allows approved investors to trade certain tokenized
DEX Orca Launches New Marketplace for Real-World Tokenized Assets Read More »
Crypto platform Kraken offers its customers an easier way to make their bitcoin profitable. BTC$75,716.70 holdings without actively selling or managing assets through decentralized finance (DeFi) protocols. Kraken Earn’s Bitcoin Vault product allows users to earn bitcoin-denominated rewards while maintaining exposure to the BTC price. It is aimed at long-term holders looking for passive income
Kraken launches Bitcoin Vault as demand rises for BTC yield products Read More »
A market dynamic that characterized the sharp rise in Bitcoin BTC$75,716.17 and the crypto market sell-off earlier this year is making a comeback: traders are once again favoring dollars over the largest cryptocurrency. This is evident from the trends in their respective dominance rates, a measure of a cryptocurrency’s share of the total market value
Traders Once Again Prefer USDT and USDC Stablecoins Over Bitcoin: Crypto Daily Read More »
SoFi has rolled out its dollar-backed stablecoin, SoFiUSD, to users of its banking app, becoming the first U.S. national bank to offer a stablecoin directly to retail customers on a public blockchain. The company said Wednesday that nearly 15 million members will be able to buy, sell, hold and convert SoFiUSD within the SoFi app.
SoFi brings bank-issued stablecoin to 15 million users in crypto push Read More »
Crypto exchange HTX has rejected UK allegations that it aided Russia’s “illicit financial infrastructure” used to move funds and support the country’s war in Ukraine, saying it had refused a request to list ruble stablecoin A7A5. “A7A5 was attempting to list their stablecoin. However, following our rigorous internal due diligence and compliance review processes, their
