In spite of the bear market, treasuries managed by decentralized autonomous organizations (DAO) have more than doubled since the beginning of 2023. As of March 31, total assets held by […]
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Citigroup analysts believe that tokenization of financial and real assets could be a “killer use case” for blockchain. The research arm of Citigroup, one of the largest multinational financial conglomerates, […]
JPMorgan announced the launch of a pilot project that will allow Indian participating banks to open blockchain-based correspondent accounts to make U.S. dollar payments. JPMorgan launched a blockchain project in […]
The U.S. Securities and Exchange Commission (SEC) Chief Gary Gensler will testify before Congress for the first time. The official will have to explain his agency’s approach to regulating the […]
More than a thousand scientists, researchers, engineers, developers, and other representatives of scientific and business communities signed an open letter calling for the suspension of all work on advanced neural […]
In Singapore, the number of Gen X members who own cryptocurrencies reached 55% in 2022. The primary reason behind the rise in digital asset adoption has been a desire to […]
The European Banking Federation (EBF) shared its vision for a Digital Euro Ecosystem that uses wholesale and retail CBDCs and bank-issued money tokens. The European Banking Federation (EBF), which includes […]
Signature Bank’s customers received a notice to close their cryptocurrency accounts by April 5. Owners of crypto deposits in Signature Bank are required to close their accounts on a mandatory […]
Amid the banking meltdown in the U.S., which significantly hit the cryptocurrency sector, China’s largest banks started offering their services to global crypto companies opening offices in Hong Kong. Hong […]
Amid a lawsuit from U.S. regulators, users started actively withdrawing funds from Binance accounts, whose assets decreased by $1.5 billion during the day. The volume of assets in Binance accounts […]