The convenience, security and speed of digital innovation have reshaped the way businesses and individuals transact. Now, money and assets are undergoing their own fundamental transformation. It’s all happening by way of tokenization on the blockchain. On-chain tokenization is moving from concept to practice, with...
In a move signaling intensified competition in the cross-border payments space, J.P. Morgan Chase has introduced GBP-denominated Blockchain Deposit Accounts for its Kinexys Digital Payments (KDP) platform in London. The bank said it’s one of the first products of its kind in the U.K. with...
Blockchain technology was meant to disrupt payments and finance. But while the payments space, at least in the U.S., remains in waiting for a crypto-led transformation, it is across capital markets where traditional approaches are already undergoing a quiet on-chain revolution thanks to the tokenization...
GameStop said in a Tuesday (March 25) press release that its board voted unanimously to add bitcoin as a treasury reserve asset. The retail gaming destination also announced this update to its investment policy in a Form 10-K filed Tuesday with the Securities and Exchange Commission (SEC), saying that...
Stablecoin issuer Tether is reportedly talking with one of the Big Four accounting firms about doing an audit of its reserves. Tether CEO Paolo Ardoino said an audit is “our top priority,” but did not specify which accounting firm the company is talking with or when the...
When financial institutions and payments players talk about their “blockchain strategy” today, what they’re really grappling with is architecture. Amid the noise surrounding crypto, tokens and Web3 hype cycles, the most consequential choice for builders, product leaders and decision-makers in the financial services and payments...
Circular Protocol, Arculus by CompoSecure and IT Lab said Thursday (March 20) that they plan to launch a blockchain-compliant ecosystem for healthcare providers in the U.S. market in the second quarter. The companies’ solution will integrate into clinical networks and serve as the secure passkey for recording,...
The one constant throughout crypto’s history has been the same question: Where is the sector headed next? For crypto markets, the answer appears, at least for the past few days, to be “down.” The price of bitcoin and other popular digital assets have plummeted, with...
Payment stablecoins, blockchain and other digital innovations, including tokenization, will enable more efficient money movement across the globe, while ensuring primacy of the U.S. dollar in transactions and trade, executives and other industry experts told lawmakers Tuesday (March 11). During testimony and under questioning by...
