State Street becomes first custodian on JPMorgan tokenized debt platform
    22 Aug 2025
    1,885 Views

    State Street, an asset manager and custodian bank serving institutional clients, has joined financial services company JPMorgan’s tokenized debt platform as its first third-party custodian, allowing it to hold blockchain-based debt securities on behalf of investors. JP Morgan’s Digital Debt Service platform allows institutional clients to trade and settle tokenized debt instruments, which are securities issued…

    40% of UK crypto users report blocked payments amid rise in ‘anti-consumer’ practices
    21 Aug 2025
    152 Views

    A growing share of the United Kingdom’s cryptocurrency investors are struggling to fund their accounts, highlighting the regulatory and banking hurdles facing the digital asset sector. An IG Group survey of 500 UK crypto investors and a broader sample of 2,000 adults found that 40% of users said their bank had either blocked or delayed…

    China weighs yuan-backed stablecoins in major policy shift: Reuters
    21 Aug 2025
    304 Views

    China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese authorities may authorize yuan-backed stablecoins for the first time to promote global use of its currency, Reuters reported on Wednesday, citing sources familiar with the matter. If approved, China’s plan for…

    Fed governor tells bankers DeFi is ‘nothing to be afraid of’
    21 Aug 2025
    1,577 Views

    US Federal Reserve Governor Christopher Waller told his peers and the private banking sector that there’s “nothing to be afraid of” about crypto payments operating outside the traditional banking system. “There is nothing scary about this just because it occurs in the decentralized finance or DeFi world — this is simply new technology to transfer…

    BlackRock quietly accumulated 3% of all Bitcoin. Here’s what that means
    20 Aug 2025
    371 Views

    What percentage of Bitcoin is owned by BlackRock? BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation. Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matched. As of June 10, 2025,…

    SEC Chair Atkins: There are very few tokens that are securities
    20 Aug 2025
    299 Views

    US Securities and Exchange Commission (SEC) Chair Paul Atkins suggested only a small fraction of crypto tokens should be considered securities, as part of the agency’s changing approach to what constitutes a security under its purview. Speaking from the Wyoming Blockchain Symposium in Jackson Hole on Tuesday, Atkins discussed how the SEC’s “Project Crypto” initiative to establish rules…