Tagged: digital assets

Bank of Russia Introduces Knowledge-Based Path to Qualified Investor Status

Russia’s central bank has relaxed the criteria for individuals seeking qualified investor status by introducing a domestic financial knowledge examination and related certificates. The change, set to take effect on August 31, 2026, aims to make the designation more attainable through demonstrated understanding of markets… Read More

FASB Proposes Guidance on Stablecoins as Cash Equivalents

The Financial Accounting Standards Board (FASB) has proposed new accounting guidance aimed at clarifying when certain digital assets, including stablecoins, can be treated as cash equivalents under U.S. generally accepted accounting principles. The proposed Accounting Standards Update would provide illustrative examples to promote more consistent… Read More

Bitwise CIO Projects Potential 100-Fold Surge in Blockchain Transaction Volumes

Bitwise Asset Management Chief Investment Officer Matt Hougan has outlined a bold outlook suggesting that blockchain and distributed ledger technology (DLT) transaction activity could expand by as much as 100 times in the years ahead. In a recent investment note examining common investor missteps, Hougan… Read More

Citi Introduces Custody+ to Deliver Near- and Real-Time Solutions for Global Markets

Citigroup (NYSE: C) has unveiled Custody+, a new modular suite of near- and real-time custody services designed to help institutional clients operate in an environment of continuous markets, shorter settlement cycles, and growing reliance on technology and artificial intelligence. The launch, announced by Citi Investor… Read More

XRP Ledger Update Introduces Privacy and Institutional Features for Tokenized Assets

The XRP Ledger’s reference server software, xrpld version 3.3.0, is now available. This release packages several proposed protocol amendments focused on privacy, operational efficiency, and support for institutional use of Multi-Purpose Tokens (MPTs), the ledger’s standard for tokenized financial instruments such as funds and bonds…. Read More

Bitkub Strengthens Digital Assets Protection via Coinbase Institutional Partnership

Bitkub Exchange continues to highlight its long-standing relationship with Coinbase Institutional, part of Coinbase (NASDAQ:COIN), a collaboration that has been in place since August 2021. The Thai digital asset platform regards this arrangement as a key element of its approach to protecting customer holdings, relying… Read More

Germany Considers Backing Bitcoin (BTC) Critic Nagel Joachim for ECB Presidency

German authorities are currently evaluating whether to put forward Joachim Nagel, the head of the country’s central bank, as a candidate to lead the European Central Bank (ECB). This internal deliberation stems from growing talk that the current ECB president, Christine Lagarde, could step down… Read More

SIX to Enable Unified Access to TradFi and Digital Assets via Regulated Infrastructure

SIX is integrating traditional securities and digital assets within a single regulated central securities depository (CSD). This approach introduces what the firm describes as a “one plug to two worlds” model, allowing market participants to reach digital asset services via the same connections and operational… Read More

Solana (SOL) Real-World Assets (RWAs) Market Tops $3.73 Billion

The Solana blockchain has reached a significant milestone in the tokenization of traditional financial instruments. Its real-world asset (RWA) sector has expanded to a total value of $3.73 billion, establishing a fresh all-time high for the network.This growth reflects increasing participation from institutional players who… Read More

STS Digital Brings Institutional Options and Spot Liquidity to Talos Platform

STS Digital, a Bermuda-regulated principal trading firm focused on digital asset derivatives, has expanded institutional access by integrating its options and spot trading capabilities with Talos, a provider of institutional digital asset infrastructure. This collaboration enables professional clients to access STS Digital’s deep liquidity and… Read More

XRP Ledger Prepares to Restore Key Features Previously Shelved Over Security Concerns

The XRP Ledger is advancing toward its next core software release, xrpld version 3.3.0, expected in the coming week. This update will place five proposed amendments before network validators, expanding support for tokenized assets, institutional operations, privacy protections, and more flexible transaction handling. Two of… Read More

Ondo Finance Weighs Potential Acquisition Valued Between $250 Million and $500 Million

Ondo Finance, a player focused on tokenizing real-world assets, is assessing a possible acquisition in the range of $250 million to $500 million. According to bloomingbit, a source familiar with the discussions said the New York-based firm is examining opportunities, particularly in wealth technology and related financial… Read More

Unlimit Secures MiCA Authorization for Pan- European Digital Assets Services

Global financial infrastructure provider Unlimit has obtained a Crypto-Asset Service Provider (CASP) license, enabling it to deliver regulated digital-asset services throughout the European Union under a unified framework. The authorization was granted to Unlimit Crypto by the Cyprus Securities and Exchange Commission (CySEC) under the… Read More

BNY Introduces Blockchain enabled Digital Transfer Agency Platform

BNY (NYSE: BNY), a global financial services provider, has launched innovative Digital Transfer Agency (TA) capabilities powered by blockchain technology. This development marks a significant advancement in fund servicing, allowing the firm to support both traditional and digitally native tokenized funds through a unified, efficient… Read More

Bitcoin (BTC) Spot Trading Volume on Course for Weakest Month Since Nearly 2 Years

Bitcoin’s trading activity has entered a notably subdued phase this summer, with recent analysis from research firm K33 indicating that July is shaping up as the weakest month for spot volume in the leading cryptocurrency since the closing stretch of 2023. According to the firm’s… Read More

AI Agents, Digital Assets Dominate Past Week’s Product Releases and Partnerships

Fintech innovators were busy integrating AI agents into their products and expanding into new markets. Wondergate’s Payment SaaS platform Payment SaaS platform is designed to help payment platforms and merchants rapidly build global acquiring capabilities. It contains Hong Kong MSO and US/Canada MSB licenses. A… Read More

Enterprise Blockchain Firm Ripple Introduces Ripple Mint to Streamline Institutional Access to Stablecoin RLUSD

Enterprise blockchain company Ripple has rolled out Ripple Mint, a platform designed to help institutional clients more efficiently handle its USD-backed stablecoin, RLUSD. The new offering aims to help organizations to create, redeem, transfer across networks, and oversee RLUSD holdings either through a web-based console… Read More

Bitcoin Approaches a Potential Cyclical Low as Less Confident Investors Exit the Market : Analysis

The cryptocurrency market continues to navigate a challenging phase, with Bitcoin showing signs of approaching a key turning point in its four-year cycle. As selling pressure from shorter-term or less committed participants intensifies, analysts at ARK Invest suggest that the digital asset may be nearing… Read More

Stablecoins are Evolving from Crypto Trading Tool to Key Digital Assets Market Infrastructure

CoinShares (NASDAQ: CSHR) has indicated that stablecoins have evolved far beyond their original role as tools for crypto trading. They are increasingly forming the backbone of broader financial systems, blending traditional stability with yield opportunities. A recent CoinShares interview with Guy Young, founder of Ethena… Read More

Digital Property Rights Firm Animoca Brands Focuses on Repositioning During Crypto Bear Market

Animoca Brands Corporation Limited has released its annual report for the fiscal year ended December 31, 2023, highlighting a period of strategic repositioning during one of the most difficult phases for the digital asset sector. The company, known for its involvement in blockchain, gaming, and… Read More

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