Tag: Banks

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The Clarity Act slipped to September. Banks are building anyway

But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas.

Rayls Launches Open-Source Private Blockchain Infrastructure for Banks

Rayls launched Rayls Sovereign, an open-source, EVM-compatible blockchain platform for banks, financial market infrastructures and regulated institutions.Institutions get their own private blockchain environment, retaining...

The stablecoin yield clash that won’t go away has banks, crypto battling over tradition

The battle is likely to be finished one way or another next month, when the Clarity Act gets its final three weeks of Senate...

Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow

Perpetual futures have spent years as one of crypto’s most popular trading products, especially for investors outside the United States. Now that the contracts...

Tassat wants to help smaller banks tap the stablecoin boom before big banks lock them out

The announcement comes as stablecoins move further into mainstream finance following the passage of the GENIUS Act. Wall Street firms and banks are expanding...

Bank of Korea prepares for live CBDC transactions with 9 banks in September

The Bank of Korea's central bank digital currency (CBDC) plans are moving forward with nine participating banks.The second phase of BOK's CBDC program is...

Ethereum (ETH) Foundation spinout EthSystems targets banks with blockchain privacy technology

A team of former Ethereum Foundation researchers focused on institutional privacy has launched EthSystems, a new for-profit company aimed at building confidentiality infrastructure for...

Dubai Tops Asian Crypto Hubs, India Isolates Banks From Crypto: Asia Express

India's central bank revives push to isolate banks from crypto: ReportThe Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and...

How big banks plan to capture a quadrillion-dollar market

"If we don't have a euro on the blockchain, the banks will use the dollar because it's there, it's available and it has a...

J.P. Morgan broadens Kinexys blockchain settlement network as banks modernize cross-border payments

J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational...

Chainlink Launches Project Pangea With 50+ Banks Across 16 Countries for T+0 FX Settlement

Chainlink and a multinational consortium of more than 50 banks across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting real-time...

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

"This is not just a POC," Ariyasinghe said. "Everyone's coming in with their eyes wide open. Appetite is very much about building real infrastructure...