The crypto company’s $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily …
Banks
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Markets
Rain is seeking a national trust bank charter to bypass third-party banks
by shayaanby shayaanThe stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem …
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The documents concern the payment accounts and bank deposits of clients and are usually issued when holders need to report their balances …
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Seven of the United Kingdom’s largest banks have completed the world’s first interbank customer transactions using tokenized sterling deposits, industry body UK …
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In brief RBC, TD, BMO, Scotiabank, CIBC, and National Bank announced Tuesday a joint plan for shared Canadian-dollar tokenized deposit infrastructure, starting …
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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 …