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Global Banks Explore G7-Backed Digital Currency

Global Banks Explore G7-Backed Digital Currency

Ten banks have collaborated to create a "stablecoin-like" asset tied to G7 currencies
BNY Mellon Tests Tokenized Deposits

BNY Mellon Tests Tokenized Deposits

The initiative would enable clients to make blockchain payments with digital funds
DBS Partners with Franklin Templeton & Ripple to Expand Digital Assets

DBS Partners with Franklin Templeton & Ripple to Expand Digital Assets

The partnership will provide access to tokenized money market funds
BNY Mellon Partners with OpenEden on Tokenized Product

BNY Mellon Partners with OpenEden on Tokenized Product

TBILL becomes the first tokenized Treasury fund run by an “A”-rated global custodian
Federal Reserve Eliminates Specific Program to Police Crypto and Fintech Initiative

Federal Reserve Eliminates Specific Program to Police Crypto and Fintech Initiative

Stated that the “novel activities”  oversight program is not needed
Paxos Becomes Latest Crypto Firm to Pursue National Trust Bank Charter

Paxos Becomes Latest Crypto Firm to Pursue National Trust Bank Charter

Ripple and Circle also applied for the same license in July
Bank of England Scrapping Digital Pound Development

Bank of England Scrapping Digital Pound Development

The UK central bank is reportedly rethinking its plans for a digital currency as it struggles to compete with the private sector
The Path to GenAI Success for Banks

The Path to GenAI Success for Banks

Banks are increasingly turning to Generative AI (GenAI) with the goal of driving efficiency
Standard Chartered Launches Digital Asset Trading for Institutional Clients

Standard Chartered Launches Digital Asset Trading for Institutional Clients

The bank claims it is the first global bank to offer spot trading of Bitcoin and Ether
Lloyds Banking Group Reportedly Set to Acquire Curve

Lloyds Banking Group Reportedly Set to Acquire Curve

The acquisition of the digital wallet provider would enable better payments infrastructure
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