Project Samara was a limited experiment into issuing a single three-month $100 million Canadian dollar-denominated bond security.
Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such approvals.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
FATF flagged AML risks from peer-to-peer stablecoin transfers, pointing to freeze and deny-list controls as potential safeguards.
Bank of Japan Governor Kazuo Ueda said a sandbox is underway to test whether central bank money can operate in blockchain-based systems.
The Fed has opened a comment period on removing "reputation risk" from bank supervision, aiming to address debanking concerns.
21shares said “a negative ruling on tariffs could potentially hurt Treasuries and the dollar, while favoring stocks and crypto.”
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Malaysia's central bank plans three initiatives involving stablecoins and tokenized deposits for wholesale payment use cases.
Fed. Governor Christopher Waller said the central bank plans to roll out its "skinny master account" proposal before the end of the year.
Nearly 30 letters were filed in response to the Fed's proposed "skinny master account" that would give certain institutions limited access.
Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treasury Secretary Scott Bessent came under intense scrutiny from lawmakers during a contentious House hearing Wednesday.
Hougan said institutional ETF and digital asset treasury flows masked the severity of losses across much of the crypto market last year.
The firm argues institutional flows, U.S. policy, and sovereign-asset considerations could set the stage for the 'most consequential' cycle.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Trump announced Kevin Warsh as his pick for Federal Reserve chair following a sharp surge in prediction market odds overnight.
The surge in Warsh's prediction market odds followed Thursday reports that Trump is preparing to nominate him as the next Fed chair.
This follows a report stating Iran's Islamic Revolutionary Guard Corps used two UK crypto exchanges to move approximately $1 billion.
China's digital yuan accounts for approximately 95% of settlement volume on the platform, which includes central banks from elsewhere in Asia.
Belarus authorized "cryptobanks" on Jan. 16, allowing certain firms to combine token services with traditional banking operations.
Pakistan signed MOU with Trump-backed World Liberty Financial to explore using the USD1 stablecoin for cross-border payments.
Anatoly Aksakov, chair of State Duma's Financial Markets Committee, said a draft bill is ready to let non-qualified investors trade crypto.
The study suggests that Ethereum's role in financial systems makes its token economics a concern for regulators, who may need to consider safeguards for its use in regulated finance.
Thailand’s central bank brought USDT under scrutiny as stablecoin use grows and authorities tighten controls on grey money flows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase's Faryar Shirzad said limiting rewards on US stablecoins could benefit global rivals as China moves to pay interest on digital yuan.
China's central bank will allow commercial banks to pay interests on digital yuan holdings in a new framework taking effect on Jan. 1, 2026.
The Federal Reserve is seeking public feedback on a proposed “payment account” — informally dubbed a “skinny master account."