Members will be able to buy, sell, and hold cryptocurrencies, including BTC, ETH, and SOL, following a phased rollout.
Standard Chartered has partnered with DCS Card Centre to support DeCard, a credit card enabling real-world stablecoin spending.
Japan's FSA announced its support for a stablecoin pilot project involving the country's three major banks — Mizuho Bank, MUFG, and SMBC.
Bitcoin could climb to around $170,000 over the next 6–12 months based on its volatility-adjusted comparison to gold, according to JPMorgan.
“The fact that other chains are faster or cheaper is irrelevant, in our view,” Standard Chartered’s Geoffrey Kendrick said.
USDC's market cap has surged 72% since January to $74 billion, far outpacing USDT's 32% growth, JPMorgan said.
The Kinexys system uses smart contracts to automate capital calls and reduce manual fund processes, building on an earlier onchain repo tool.
More than 100 firms across finance, payments, and technology are participating in the network's early development.
Standard Chartered’s Geoffrey Kendrick says easing U.S.-China tensions have lifted sentiment from fear to hope, among other factors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As bitcoin miners allocate more resources to AI computing, the growth in bitcoin’s network hashrate is likely to slow, according to JPMorgan.
Standard Chartered’s Geoffrey Kendrick said any decline could be brief and “may be the last time bitcoin is EVER below” $100,000.
The correction in crypto markets, which involved massive liquidations, was likely driven by crypto native investors, according to JPM.
The model allows institutional clients to trade on OKX while maintaining custody of their assets with Standard Chartered.
Morgan Stanley crypto access will soon extend to retirement accounts following a Trump admin-led policy to loosen investment restrictions.
JPMorgan analysts say spot Solana ETFs are likely to get approved soon but will see limited inflows compared to Bitcoin or Ethereum ETFs.
More than half of investors expect up to a quarter of their portfolios to be tokenized by 2030, led by private market assets, the firm said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin is significantly undervalued relative to gold, according to JPMorgan analysts, implying upside toward $165,000.
Chainlink and Swift expanded their partnership with a live UBS Tokenize pilot, triggering onchain fund workflows through existing systems.
Visa launched a pilot to test stablecoins for cross-border payments, providing businesses a new way to transfer money abroad more quickly.
Chainlink “orchestrated the validation of multiple AI model outputs” that was transmitted to Swift using an ISO 20022-compliant messaging format.
Nine European banks, including ING and UniCredit, have formed a consortium aimed to develop a euro-backed stablecoin.
The move follows Franklin Templeton’s recent partnership with Binance on tokenization initiatives.
"Like Bitcoin, gold was once subject to skepticism, suspicion, and demand speculation," Deutsche Bank's analysts said.
The emerging competition is likely to be a “zero-sum game" for U.S. issuers, unless the overall crypto market expands significantly.
The Hong Kong Monetary Authority has proposed softer capital requirements for banks holding certain crypto assets, Caixin reported.
The JPMorgan analysts warned that other index providers may also reconsider their inclusion of Strategy and similar crypto treasury firms.
The crypto-friendly lender has completed its $70 million Series B round with participation from a16z.
Bitcoin’s current price is “too low” compared to gold, given its volatility has fallen to historic lows, JPMorgan analysts said.