Nashville-based asset manager Canary Capital filed an S-1 form for an exchange-traded fund (ETF) tied to HBAR, the native asset of the Hedera blockchain. The move comes weeks after Canary’s filed for an HBAR trust and adds to its growing repertoire of applications for spot ETFs connected to Litecoin, XRP, and Solana. Following the news, […]
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The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority of Singapore (MAS) launched Project Guardian in 2022 to unite financial heavyweights and policymakers worldwide. The initiative aims to open new liquidity pathways and set standards for tokenized assets. The […]
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Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region. According to a Tether statement, the deal consisted of 670,000 barrels of crude oil and involved a publicly traded oil “super-major” and a “top-tier commodity […]
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JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months. According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions. Once regulatory approvals are obtained, JPMorgan plans to add sterling transactions to […]
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Private market exchange ADDX, Australia and New Zealand Banking Group (ANZ), and Chainlink have launched an innovative solution for cross-border transactions involving tokenized commercial papers, according to a Nov. 6 statement. The project utilizes ADDX’s investment platform, ANZ’s Digital Asset Services, and Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with its Private Transactions functionality. It was designed […]
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Bitcoin’s new all-time high of $75,000 following Donald Trump’s 2024 US presidential election win reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin’s upward trajectory may continue into the new year. Fadi Aboualfa, Head of Research at Copper.co, said, “We […]
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Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out.
Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
Jonathan Chang, Nibiru's COO, discusses how their grant program attracts traditional finance professionals to the crypto industry and fosters Web3 innovation.
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Exodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in NYC to face disappointment
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.
Institutions may be tempted by DeFi products should the Federal Reserve take the wind out of traditional financial product yields this year.
They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.