Tag: Financial Innovation

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Nano Labs Embraces Bitcoin Payments Amid China Policy Change

Nano Labs, a China-based company specializing in crypto mining chip design, has recently made the decision to accept Bitcoin as payment for its products....
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BIS ends partnership with mBridge CBDC project due to lack of progress

The Bank for International Settlements (BIS) recently announced its decision to end its partnership with Project mBridge, a central bank digital currency (CBDC) initiative...
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Franklin Templeton Launches Tokenized Treasury Fund on Layer 2 Blockchain

Franklin Templeton has recently made an exciting announcement regarding its OnChain U.S. Government Money Market Fund. The fund is now available for trading on...
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US Risks Losing Financial Leadership Without Crypto Reform: Paxos CEO’s Warning

Paxos CEO, Charles Cascarilla, recently issued a warning to Vice President Kamala Harris and former President Donald Trump about the potential consequences of regulatory...
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HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test

The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This...
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Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL

JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible...
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Embracing DLT and Tokenization for Enhanced European Capital Markets

Piero Cipollone, a member of the European Central Bank's Executive Board, is advocating for the adoption of digital assets and distributed ledger technology (DLT)...
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Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference

Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants...
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Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags Behind

Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags BehindAccording to a recent report by global consulting firm McKinsey & Company, the adoption...
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RWA Tokenization: Infineo Minting $9M Life Insurance Policies on Provenance Blockchain

Life insurance policies are now being transformed into digital tokens on the blockchain, thanks to Infineo's recent $9.4 million minting of tokenized policies on...