The Consumer Financial Protection Bureau (CFPB) in the U.S. is tightening federal oversight of major nonbank entities that provide digital payment services. The CFPB finalized updated rules for supervising leading…

Ripple and Archax introduced the first tokenized money market fund built on XRP Ledger (XRPL), fully regulated under U.K. legislation.  In collaboration with Ripple, crypto exchange Archax provided access to…

The Commodity Futures Trading Commission (CFTC) approved the use of tokenization to manage trade collateral in the U.S. derivatives markets. The CFTC’s Global Markets Advisory Committee issued a recommendation to…

The Reserve Bank of India is collaborating with central banks in Asia and the Middle East to expand the availability of its instant cross-border payments platform.  The Reserve Bank of…

Mastercard’s Multi-Token Network (MTN) connected to Kinexys Digital Payments, JPMorgan Bank’s blockchain-based digital payments system, as a settlement solution for cross-border B2B payments.   Mastercard and JPMorgan joined forces to improve…

Bitcoin is setting new all-time highs (ATH), coming close to the $100,000 mark. The crypto market capitalization surpassed $3.44 billion. As of 12:30 p.m. (GMT+2), Bitcoin reached its historical peak…

Worldpay is launching virtual cards to enhance payment efficiency for travel service providers by agencies in Europe and the U.K. Worldpay, a provider of payment technology, announced the launch of…

NexBridge conducted the first public offering of tokenized U.S. Treasury bills (T-bills) on Bitcoin’s sidechain, regulated under El Salvador’s law.  Digital asset issuer NexBridge, specializing in financial asset tokenization, announced…

Banco Central do Brasil (BCB) initiated the second phase of its central bank digital currency (CBDC) pilot project, which will focus on a trade finance solution using blockchain oracles.  Reps…