China's State Council, the country's cabinet, will discuss the use of offshore RMB stablecoins for trade settlement, according to a Reuters report. The| Ledger Insights - blockchain for enterprise
There's been a lot of coverage about the Financial Innovation and Technology for the 21st Century Act (FIT 21), which should receive a Congressional vote| Ledger Insights - blockchain for enterprise
Yesterday US Democrats ramped up their response to President Trump's family involvement in the cryptocurrency sector and the appearance of conflicts of| Ledger Insights - blockchain for enterprise
It's been widely reported that Mubadala Investment Co recently made a significant investment in Bitcoin via BlackRock's iShares Bitcoin Investment Trust| Ledger Insights - blockchain for enterprise
President Trump issued an executive order for a Strategic Bitcoin Reserve as well as a U.S. Digital Asset Stockpile of other cryptocurrencies. Both will| Ledger Insights - blockchain for enterprise
Binance has made a settlement with US regulators and will pay $4.3 billion. CZ is stepping down as CEO of the group| Ledger Insights - blockchain for enterprise
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Today the full US Senate failed to pass its first vote re the GENIUS Act stablecoin bill. Initially the vote was 49 in favor and 48 against, but Senate| Ledger Insights - blockchain for enterprise
JP Morgan's blockchain-based bank accounts - Kinexys Digital Payments - can now be used to settle intraday repo transactions involving collateral on the| Ledger Insights - blockchain for enterprise
UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), marking its third strategic acquisition in recent months as the| Ledger Insights - blockchain for enterprise
The mBridge cross border CBDC system could potentially link to Swift in the future. FX PvP is supported in addition to cross border payments| Ledger Insights - blockchain for enterprise
The mBridge cross border CBDC project is targeting a minimum viable product (MVP) trial. There are differences amongst partners about timing| Ledger Insights - blockchain for enterprise
We explore why cross border CBDC project mBridge - which is soon to launch - could break Swift's global payments stranglehold| Ledger Insights - blockchain for enterprise
The latest BRICS+ meetings aim to progress a DLT payment system. In addition the idea of a BRICS securities depositary has also been floated| Ledger Insights - blockchain for enterprise
The BIS handed over mBridge ,the cross border CBDC payment system, to the central banks. The BIS cannot engage with sanctioned countries| Ledger Insights - blockchain for enterprise
41 institutions incl. JP Morgan, Citi, HSBC and Swift will take part in Project Agorá using tokenization to modernize correspondent banking| Ledger Insights - blockchain for enterprise
During a side event at Consensus in Toronto, Senators Gillibrand (Democrat) and Cynthia Lummis (Republican) discussed the progress of the Senate's work on| Ledger Insights - blockchain for enterprise
Binance, the largest cryptocurrency exchange said it has received a $2 billion investment from Abu Dhabi's MGX, which is primarily an AI investor. MGX| Ledger Insights - blockchain for enterprise
Yesterday Punchbowl News reported that Senate leader John Thune had filed for a procedural vote (cloture) on the stablecoin Genius Act, the same vote that| Ledger Insights - blockchain for enterprise
Bloomberg reported that there's a debate about whether the BIS should continue with mBridge because of sensitivities re BRICS| Ledger Insights - blockchain for enterprise
Earlier this week we reported that Fidelity Investments was launching a tokenized money market fund, a surprisingly late launch given Fidelity was the| Ledger Insights - blockchain for enterprise
Japanese legislation for stablecoins allows banks to issue deposit backed stablecoins and trust banks to issue for third parties.| Ledger Insights - blockchain for enterprise
Stablecoin issuer Paxos acquired Membrane Finance, a regulated e-money institution. This allows it to issue EU MiCAR compliant stablecoins| Ledger Insights - blockchain for enterprise
Brazil has delayed the launch of DREX, its CBDC solution. It starts phase 2 which expands the range of applications| Ledger Insights - blockchain for enterprise
