Browsing: digital assets

JPMorgan Chase has introduced its deposit token, JPM Coin, specifically designed for institutional clients. This move marks a significant step in the bank’s digital asset strategy. JPM Coin aims to facilitate seamless transactions and improve… (via Bpaynews real-time desk)

BNY forecasts that stablecoins and tokenized cash will reach a value of $3.6 trillion by 2030, driven by increasing institutional adoption. The financial institution highlights the growing interest from various sectors in digital assets, which… (via Bpaynews real-time desk)

Digital asset investment products are experiencing a second consecutive week of outflows due to ongoing weakness in the U.S. market. Despite this trend, certain altcoins, such as Solana, are demonstrating notable resilience with substantial inflows.… (via Bpaynews real-time desk)

CoinShares reported that digital asset investment products experienced net outflows totaling $1.17 billion last week. This figure highlights a significant withdrawal trend in the sector. The outflows indicate a shift in investor sentiment towards digital…

The Commodity Futures Trading Commission (CFTC) has proposed allowing stablecoins to be used as tokenized collateral in transactions. This move aims to enhance the market’s liquidity and facilitate the use of digital assets. By permitting…

A U.S. regulatory agency is advancing towards establishing rules for cryptocurrency spot trading, which could have significant implications for the digital asset market. The agency is actively evaluating the framework needed to regulate this area…

CZ has publicly destroyed meme tokens valued at around $490,000 that were raised through a specific address. This action highlights the ongoing scrutiny and management of digital assets. The destruction of these tokens is part…

Tether has frozen an address that holds 31,765,779 USDT. This action reflects the company’s ongoing efforts to manage and secure its digital assets. The frozen address is part of Tether’s broader strategy to ensure compliance… (via Bpaynews real-time desk)

Coinbase has announced the addition of Aster to its listing roadmap, expanding its offerings in the cryptocurrency market. This move reflects Coinbase’s ongoing strategy to enhance its platform by incorporating new digital assets. Aster is…

The Sui Ecosystem has introduced Beep, its first smart wallet and financial protocol, which has now entered public beta testing. Beep aims to enhance user experience by providing a secure and efficient platform for managing… (via Bpaynews real-time desk)