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AxCNH Stablecoin Debuts As China Pushes Digital Currency Influence Beyond Borders
AnchorX, a Hong Kong-based fintech firm, announced the launch of AxCNH, a stablecoin pegged to the offshore Chinese yuan (CNH). AnchorX.KZ becomes…
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London Stock Exchange Launches A Blockchain Platform For Private Funds
The London Stock Exchange Group (LSEG) announced the launch of Digital Markets Infrastructure (DMI), a blockchain-based platform for private funds. Powered by…
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Collapsed Crypto Exchange FTX To Distribute $1.6 Billion To Creditors In Latest Payout
Nearly three years after FTX’s dramatic collapse, the exchange is taking another major step toward repaying creditors. On September 30, the bankruptcy…
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Fraud Fears Force German Banks To Freeze Over €10 Billion In PayPal Transfers
German banks temporarily blocked payments worth more than 10 billion euros from PayPal earlier this week after raising alarms about possible fraud.…
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Morgan Stanley Challenges Fed Over Capital Buffer In Rare Stress Test Dispute
The Federal Reserve has locked in fresh capital requirements for the nation’s largest banks, but not without pushback. Morgan Stanley is seeking…
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El Salvador Moves Bitcoin Reserve Into Multiple Wallets In Security Update
El Salvador has changed how it secures its national bitcoin reserve, moving funds into multiple wallets in a shift officials described as…
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Trump Media Secures $105M In Cronos Tokens Through Crypto.com Deal
Trump Media has completed a $105 million acquisition of Cronos tokens in a cash-and-stock deal with Crypto.com, marking one of its largest…
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Brazil’s Top Asset Manager Itaú Introduces Crypto-Focused Division
Brazil’s largest private asset manager is stepping deeper into digital assets with the launch of a new crypto-focused division. Itaú Asset Management…
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Investors Warn Of Cracks In U.S. Bonds As Political Pressure On Fed Grows
The U.S. bond market is sending mixed signals, and some investors worry it is overlooking deeper risks tied to government spending, inflation,…
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Nasdaq Sets Sight On First Tokenized Trading With SEC Approval
Tal Cohen, the President of Nasdaq, announced that Nasdaq has filed a proposal with the U.S Securities and Exchange Commission (SEC) to…