In brief RBC, TD, BMO, Scotiabank, CIBC, and National Bank announced Tuesday a joint plan for shared Canadian-dollar tokenized deposit infrastructure, starting …
Banks
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Six of Canada’s largest banks said Tuesday they will jointly explore a Canadian-dollar tokenized deposit system, beginning with an effort to move …
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Markets
ShredPay Joins Jack Henry Network To Bring Stablecoin Infrastructure To Banks
by shayaanby shayaanTL;DR ShredPay has joined the Jack Henry Fintech Integration Network. The integration can connect ShredPay’s stablecoin and digital-asset services with Jack Henry …
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Regulation
Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act
by shayaanby shayaanThe immediate outcome of the failure to pass the law is that crypto regulations in the United States will continue to be …
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Markets
Canada's 'Big Six' banks to launch interbank tokenized deposit initiative
by shayaanby shayaanInitial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems. www.coindesk.com
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Banks are rapidly expanding their presence in Europe’s regulated crypto market, with traditional lenders now accounting for nearly one in four providers …
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JP Morgan and Goldman Sachs are reportedly enhancing their support for cryptocurrencies, as surfaced in a recent tweet from Coinbase. This development …
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Markets
Coinbase And Stablecore Open Digital Asset Rails To 3,000+ Banks And Credit Unions
by shayaanby shayaanTL;DR Coinbase is partnering with Stablecore to bring crypto services into existing bank technology. Stablecore’s infrastructure reaches more than 3,000 U.S. banks …
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Bottomline, a top-three Swift service provider moving more than $16 trillion in payments annually, has launched Global Pay Connect, a new onchain …
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Finance
Major Banks and 101 Economists Share Their Expectations! What Does This Mean for Bitcoin (BTC)?
by shayaanby shayaanLast week, US CPI data was released. August CPI in the US exceeded expectations, and the persistence of core inflation, in particular, …