ECB launches Pontes system to bring central bank money to blockchain
The European Central Bank has launched Pontes, a new blockchain settlement system allowing financial institutions to settle tokenized asset transactions using central-bank money.
Regulators advance digital asset rules amid congressional delay
Amid congressional delays, the SEC and CFTC are advancing independent digital asset rules and exemptions. The SEC issued a conditional exemption for tokenized equities, while the CFTC submitted a comprehensive crypto regulatory package for White House review.
Senate votes down Clarity Act, dealing blow to crypto rules
The U.S. Senate failed to advance the Clarity Act after falling short of the required sixty votes, dealing a significant blow to ongoing legislative efforts to establish a federal regulatory framework for digital assets.
UK financial watchdog investigates tokenised gold for markets
The UK Financial Conduct Authority has launched a consultation to investigate integrating tokenised gold onto blockchain frameworks within wholesale financial markets, aiming to boost efficiency while maintaining market integrity.
Block seeks federal bank charter for Bitcoin and stablecoin custody
Jack Dorsey’s Block is seeking a federal banking charter to bring its Bitcoin and stablecoin custody business under direct U.S. regulatory supervision, another sign that digital-asset companies are moving deeper into the traditional financial system. The fintech has applied to the Office of the Comptroller of the Currency to establish Builders Bank & Trust, an…
Recent Posts
Netflix (NFLX) Shockwave: Why Q2 Guidance Missed Wall Street Estimates and What’s Next
Netflix's Q2 Guidance Rocks Wall Street
Netflix (NFLX) recently sent tremors through the financial world, issuing Q2 revenue and earnings guidance that fell significantly short...
Top Five Staking Platforms for Passive Income
Staking in cryptocurrency has increased demand among investors because they can earn high-income rates by holding and supporting the security and engaging in depositing...
Payments, Penalties and TradFi Adoption Define This Week in Web3
Crypto is as crypto does. And crypto is, by all appearances, trying to do better.
The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now...
SpaceX (SPCX) Stock: Beyond the IPO Hype – A Deep Dive into Its Post-Launch...
Since its highly anticipated blockbuster IPO launch in June, SpaceX (SPCX) stock has experienced the typical post-debut volatility, settling back to around its initial...
Top 6 Ways to Generate Passive Income from Cryptocurrency in 2024
The world of cryptocurrency is continuously emerging, offering a wealth of opportunities for investors to generate passive income. As we enter 2024, it’s important...