Tag: Financial Innovation
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....
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...
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...
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...
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...
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...
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)...
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...
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...
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...