Finance
China halts Alibaba, JD.com’s stablecoin plans in HK: report
Chinese tech giants rushed to secure stablecoin licenses in Hong Kong after it adopted new laws, but Beijing has now...
US Bank launches digital unit amid crypto’s open banking fight
The new Digital Assets and Money Movement division will spearhead US Bank’s stablecoin, ‘crypto’ custody, digital money, and asset tokenization...
Stablecoins that scale: 5 tests for real-world money
Dr. Bernhard Kronfellner of BCG explores how stablecoins can scale to meet real-world demands at the London Blockchain Conference.
UK finance body outlines support for tokenized assets
The Financial Conduct Authority unveils plans to boost tokenization in asset management, removing blockchain barriers to drive innovation and efficiency.
Fasset unveils first stablecoin-powered Islamic bank
Elsewhere, BNY Mellon is weighing turning to tokenized deposits in its $2.5 trillion-a-day transfer volume, enabling clients to move funds...
RBI eyes market transformation with CBDC-based tokenization
India's central bank plans to use its wholesale CBDC to tokenize financial assets and settlements, aiming to make markets more...

