Softbank’s mega junk-bond deal shows capital for the AI race is getting more expensive
The artificial intelligence buildout is officially crossing over to the world of junk bonds, where investors expect to be paid more for taking bigger risks.…
XRP Ledger retries upgrade that lets banks split payment and compliance duties
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over…
Canada’s six largest banks explore tokenized Canadian dollar deposits
The country’s largest financial institutions are exploring tokenized deposits for interbank payments, just weeks after regulators clarified how they should be…
Canada's 'Big Six' banks to launch interbank tokenized deposit initiative
Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems.…
European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system…
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bankdeposit requirements with liquidity thresholds, warning that sudden withdrawals could strain…
Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act
One expert believes that the failure to pass the bill is a win for the banks that staunchly oppose stablecoin yields, while a global crypto lawyer believes…
Banks double on EU MiCA crypto provider list as share hits 23%
Banks now represent nearly one in four providers on ESMA’s MiCA register after roughly doubling their presence since late June. Source：Cointelegraph
Ratings giant S&P Global acquires OpenZeppelin in tokenized finance risk push
Building on its recent marketdata investment in Kaiko, S&P Global’s latest purchase targets the technological risks facing banks and asset managers onchain.…
Circle debuts Arc blockchain which Jeremy Allaire calls ‘more consequential’ than USDC
The USDC issuer's chain is built for payments, tokenized assets and institutional finance as banks and payment giants pile into the stablecoin market.…
Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source：CoinDesk
Even if Clarity fails, Wall Street’s crypto push is unlikely to stop
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that…