Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan’s regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.
Crypto
U.S. state banking associations plan to launch their own nationwide blockchain network
The “BankChain Alliance” is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system’s regulatory sphere.
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges
The trading infrastructure runs on LayerZero’s Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
A 3% token move just triggered $36 million in Ethereum DeFi liquidations
One wallet bought heavily into a yield token, which pushed the price of its paired principal token down just enough to trigger liquidations across borrowers using it as collateral.
Crypto political group details list of U.S. congressional allies its backing this year
Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.
Bitcoin nears $80,000, but analysts say the next pullback will be key
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.