The provision of liquidity in DeFi is not decentralized, despite its technical implementation, as researchers at the Bank for International Settlements (BIS) concluded. Although decentralized finance...
BlackRock’s tokenized money fund holders can now explore DeFi opportunities while also earning interest from U.S. Treasury bills, according to Securitize. Securitize and Elixir announced on...
Paxos has announced plans to acquire Membrane Finance, a Finnish Electronic Money Institution (EMI). This acquisition, pending regulatory approval, will make Paxos a fully licensed EMI...
Donald Trump’s media company, Trump Media & Technology Group (TMTG), recently filed a trademark application for TruthFi, a proposed cryptocurrency payment platform. TruthFi aims to support...
PayPal has announced the expansion of its cross-border payments via Xoom. With this, its partners can use PayPal USD (PYUSD) for international money transfers. Xoom is...
With Coinbase’s wrapped Bitcoin cbBTC now live, the US-based cryptocurrency exchange has moved to delist Wrapped Bitcoin (wBTC) citing the need to maintain the platform’s integrity....
Bitfinex Securities, a subsidiary of the global crypto exchange Bitfinex, has officially introduced tokenized U.S. Treasury bills (T-bills) through its platform in El Salvador. This development...
Chainlink, Microsoft, and Banco Inter are working together in the second phase of Brazil’s digital currency project, Drex. Together, they want to improve the country’s digital...
U.S. lawmakers are demanding details from the Treasury on how it is addressing the matter of Tornado Cash. Democratic members of Congress have prompted the Treasury...
U.S. Senator Cynthia Lummis, a supporter of Bitcoin and ally of Donald Trump, has put forward a bold idea: using the Federal Reserve’s gold to help...
