Banks push tokenized deposits as onchain cash race intensifies: Report

UK Finance said that tokenized deposits could play a “vital role” in a future multi-money system alongside other digital assets.

UK Finance said that tokenized deposits could play a “vital role” in a future multi-money system alongside other digital assets.

Part of the approved rule changes allows institutions to trade the crypto ETFs as FLEX options, which offer customizable terms like non-standard strike prices and expiration dates.

The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot.

Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.

Unlike Bitwise, Grayscale doesn’t plan to incorporate staking for its Hyperliquid ETF but hasn’t ruled out integrating it in the future.

The deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry.

Ghostblade is one of six malware tools in the “DarkSword” suite of malicious software designed to steal crypto private keys and user data.

Ledger names John Andrews as chief financial officer and opens a New York office to expand its US operations and institutional business.

Nearly three-quarters of institutional investors plan to increase their digital asset allocations this year, with Bitcoin, Ether, stablecoins and tokenized assets seeing the most interest.

Coinbase Asset Management’s Anthony Bassili says the Bitcoin Yield Fund’s tokenized share class checks “identity and eligibility at the token level” for compliance.