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.
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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.
Miden to launch privacy-focused USDC-backed stablecoin using Circle’s xReserve
Privacy has emerged as a key barrier to bringing more financial activity onchain. Public blockchains expose transaction histories, balances and counterparties by default, a level of transparency that is difficult to reconcile with how businesses and financial institutions operate. Trading firms don’t want to reveal… Read More
Russia’s largest bank plans crypto wallet launch as Moscow clears market path
Non-qualified investors will be allowed to trade under testing requirements and limits capped at roughly 300,000 rubles (around $3,800) per year, while market participants will have until July 1, 2027, to enter the official registry. Russia’s complicated crypto history The developments follow years of resistance… Read More
LG Electronics, Arbitrum Launch Blockchain Ad Network
South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry. Arbitrum would give advertisers and publishers a shared database of ad inventory and track how customers interact with… Read More
Coinbase (COIN) backs Ethena (ENA) ahead of savings product launch for 100 million users
Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol’s token on the open market as the two firms prepare to launch a new onchain savings product for the exchange’s more than 100 million users. Ethena… Read More