Public PoW blockchain Kadena makes its first capital deployment from a $50 million grants program, backing UK startup CurveBlock in the Bank of England’s Digital Securities Sandbox. Kadena has awarded …
Bank
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News
JPMorgan, Bank of America, Citigroup, and Wells Fargo explore joint stablecoin project to challenge digital asset platforms: WSJ
by SKby SKKey Takeaways Major US banks are collaborating on a stablecoin initiative to compete with the crypto industry. The project highlights the integration of digital assets within traditional banking infrastructure. Share …
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Stablecoins were once dismissed as fringe instruments for crypto traders. Today, they form the backbone of billions in daily transactions, bridging decentralized finance and traditional capital markets. But beneath the …
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Blockchain
LIBRA Case Judge Unseals Bank Records, While Milei Fails to Attend Civil Hearing
by SKby SKThe investigation into Argentina’s failed LIBRA cryptocurrency continues to intensify, with federal Judge María Servini unsealing bank records related to President Javier Milei and his sister, Karina. Local media outlet …
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In the world of digital finance, few traditional banks have embraced innovation as actively as NBKC. Headquartered in Kansas City, Missouri, NBKC (National Bank of Kansas City) has emerged as …
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Homepage > News > Business > India’s Axis Bank, JPMorgan unit for blockchain-based payments Axis Bank, a leading private sector bank in India, has become the first financial institution in …
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Blockchain
Russian Central Bank Chief Wants Crypto Traders to Face ‘Harsher Punishments’
by SKby SKThe Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.” Nabiullina last month said that she …
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Homepage > News > Business > Reserve Bank of India plans ‘On Tap’ cohort on climate change The Reserve Bank of India (RBI) has unveiled plans to establish a specialized …
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Blockchain
Custodia and Vantage Bank Launch America’s First Bank-Issued Stablecoin on Blockchain
by SKby SKCustodia Bank and Vantage Bank have announced the launch of what they describe as the first-ever U.S. bank-issued stablecoin deployed on a permissionless blockchain. On March 25, Custodia revealed that …
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Homepage > News > Business > Bank of Russia to regulate digital currency trading The Russian government is mulling to introduce new regulations for local digital asset trading, but it …