Canada opens consultation on stablecoins, citing US GENIUS Act
As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from…
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate crossborder use of stablecoins and tokenized deposits. Source：Cointelegraph
Ripple brings Wall Street into 24/7 stock bets, but HSBC warns markets are still thin
Institutions can trade through Ripple Prime and post RLUSD as collateral. Finding enough buyers and sellers for large positions could prove harder.…
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.…
‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity
Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset…
Sui’s Hashi to launch with $500M in Bitcoin finance commitments
Hashi has more than $500M in commitments ahead of mainnet launch, while Anchorage offers institutions settlement and selfcustody. Source：Cointelegraph
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Source：CoinDesk
Coinbase brings global crypto derivatives liquidity to US with Deribit integration
US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.…
Solana Foundation targets settlement in seconds with DvP launch
Solana DvP offers financial institutions an opensource settlement program designed to complete asset transfers and payments in seconds. Source：Cointelegraph
Solana Foundation unveils a program to settle institutional trades in seconds. JPMorgan gave input
Solana Foundation launched an opensource program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs. Source：CoinDesk
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…