Asset manager BlackRock is reportedly pushing its money-market digital token to be used as collateral in cryptocurrency derivatives trading. According to an Oct. 18 Bloomberg report, the company is in talks to integrate its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) token with the trading systems of major crypto exchanges such as Binance, OKX and Debirit. Brokerage…

Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients. In an announcement sent to Cointelegraph, DBS introduced the “DBS Token Services,” which facilitate real-time payment settlements using the bank’s permissioned blockchain. Permissioned blockchains are networks with an access layer that allows participants to only interact with a pre-approved level of…

The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin under its Payment Token Service Regulation framework, the company said in a press release. AED Stablecoin’s preliminary license approval makes it a frontrunner in the race to become the first issuer of a regulated dirham-pegged stablecoin in the UAE. The development…