Spanish banking giant Santander is taking significant steps towards entering the burgeoning world of cryptocurrencies. Openbank, Santander’s digital subsidiary, is actively pursuing European Union (EU) licenses for retail […]
New York City to Issue First Bitcoin-Backed Bond, Becoming Global Pioneer
Mayor Eric Adams has declared a bold move for New York City: becoming the first city globally to issue a Bitcoin-backed bond, known as a BitBond. This ambitious […]
Thailand Embraces Crypto for Tourists, Modernizes Finance
Thailand is taking center stage in the global cryptocurrency revolution, with bold plans to allow tourists to utilize cryptocurrencies during their visits. The initiative, unveiled by Deputy Prime […]
Banco Industrial Revolutionizes Remittances with $0.99 Blockchain Transfers
Guatemala’s Banco Industrial has taken a giant leap forward in the realm of cross-border payments by integrating blockchain technology into its Zigi mobile app. This innovative move allows […]
JPMorgan, Bank of America Join Forces on Stablecoin Launch
Major US banks are teaming up to create a stablecoin as competition in the digital asset space intensifies. This move is driven by legislation like the GENIUS Act […]
BlackRock’s XRP ETF Sparks Debate over Crypto Integration
BlackRock’s launch of a spot-based XRP exchange-traded fund (ETF) has triggered controversy within the cryptocurrency sector. The move follows BlackRock’s prior success with Bitcoin and Ethereum ETFs, prompting […]
JPMorgan & Bank of America Join Forces to Launch Stablecoin
A groundbreaking collaboration is underway within the US financial industry as prominent banks like JP Morgan Chase and Bank of America are forming a joint venture for a […]
Pakistan Launches Digital Assets Authority for Blockchain-Focused Regulation
Pakistan’s Ministry of Finance is taking a significant step forward by establishing the Pakistan Digital Assets Authority (PDAA). This new regulatory body will focus on blockchain-powered financial infrastructure, […]
XRP Ledger Goes Global: How Banks & Governments Are Testing its Potential
Financial institutions and government agencies across the globe are actively testing the XRP Ledger (XRPL) for real-world financial applications. From cross-border payments to central bank digital currencies (CBDCs) […]
Unlocking XRP’s Potential: The Promise of ETFs
A recent thread from crypto commentator All Things XRP explores the untapped potential of XRP and Exchange-Traded Funds (ETFs), arguing that public misunderstanding regarding ETFs significantly underestimates their […]
Franklin Templeton Invests in Singapore with Launch of First Tokenized Money Market Fund
Franklin Templeton has made a significant move in the financial market by launching Singapore’s first tokenized retail fund. This innovative investment platform utilizes Franklin Templeton’s blockchain-integrated transfer agency […]
Beyond Dollars: Bitcoin Evolves into a Financial Powerhouse
Bitcoin is stepping beyond its traditional role as a digital currency, entering a new phase marked by exciting innovation and expanding use cases. Cointelegraph reports that experts, including […]
Community Banks Struggle Amid Digital Transformation Revolution
The U.S. banking landscape is witnessing a significant shift as community banks face growing challenges in the face of rapid technological advancement. A recent report by PANews highlights […]
Ripple Exec: Blockchain Unbundling Banks, Mimicking Newspaper Evolution
Asheesh Birla, a board member at blockchain company Ripple, argues that blockchain technology is driving the ‘unbundling’ of banks. Comparing this to the internet’s impact on newspapers, Birla […]
Andrew Peel Launches New Crypto Venture in Switzerland
Swiss businessman Andrew Peel, formerly head of cryptocurrency markets at Morgan Stanley, has announced the launch of a new venture focusing on tokenized funds and advanced trading tools […]