US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid...
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Toyota Finance opens tokenized bonds to retail investors via mobile payment app
Retail investors can apply to buy the 1 billion yen bond without a securities account and receive perks through Toyota’s...
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset...
Chainalysis sues US over $95M ICE contract with TRM Labs
The sealed complaint leaves Chainalysis’ specific objections and requested remedy undisclosed as briefing continues.
Neutrl pauses NUSD redemptions over undisclosed reserve issue
BA Labs had previously classified a proposed NUSD integration as higher risk because of its counterparty, operational and liquidity exposure.
Figure reports $4.3B in loan marketplace volume as profit nearly triples
Figure expects consumer loan marketplace volume to range from $4.8 billion to $5.2 billion in the third quarter.
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital...
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market.
Ravencoin hits record low as network exploit puts transactions at risk
Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a three-day reorganization.
10 weirdest things ever tokenized… including farts
Tokenized cows may have gone viral, but they’re just the latest in a long line of strange things to find...
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services.
South Korean stablecoin outflows top $367M in June: Report
Stablecoins have been flowing out of South Korean exchanges for 18 consecutive months as regulators weigh tighter oversight of cross-border...
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.
BNY to bring transfer agency records onchain in blockchain push
BNY is launching a blockchain-based transfer agency platform as the bank expands its digital asset infrastructure and moves core financial...
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused...
