Financial institutions all over the world partner to explore and adapt the blockchain technology to financial needs.
The trial will see companies such as BNY Mellon, Broadridge, the DTCC, ISDA, and Tassat Group serve as project contributors, providing their expertise for it.
Despite Grayscale GBTC holding the largest BTC reserves, the BlackRock Bitcoin ETF IBIT remains the top choice of institutions.
BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT.
Dimon, who agreed that crypto firms should face the same AML scrutiny as traditional firms, said he would shut down crypto if he could.
The retiring MAS director believes the future monetary system will revolve around CBDCs, tokenized bank liabilities, and stablecoins.
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Ripple has now joined more than a thousand members of the ISDA to shape the global derivatives market and contribute to key decisions.
Coinbase will now join market surveillance sharing for Cboe ETFs even as market sentiments suggest BlackRock will win SEC approval.
Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space.
Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound.
The SEC has received an official application from BlackRock for a spot Bitcoin ETF to help investors benefit from BTC without direct access.
The American banking giant will be focusing on three key initiatives – distributed ledger technology, tokenization, and digital cash.
Bed Bath & Beyond has been struggling to maintain its operations since the beginning of 2023 with BBBY stock correcting over 88% year-to-date.
Embattled San Francisco-based First Republic saw its shares close up 10% Thursday on news of a bank group rescue deal.
As unveiled by Circle, it has started processing its redemption through a new banking partner after it was able to access the funds worth $3.3 billion locked up in Silicon Valley Bank.