Latest FinTech & Blockchain News
White House Hosts Second Crypto Meeting on Stablecoin Yield
The White House held its second meeting between banking and crypto stakeholders to discuss stablecoin yield issues. This follows ongoing efforts to bridge traditional finance and crypto sectors. SEC Commissioner Mark Uyeda highlighted market structure and tokenization of U.S. Treasuries in recent remarks.
NCUA Advances GENIUS Act for Stablecoin Issuers
The National Credit Union Administration issued a Notice of Proposed Rulemaking to implement the GENIUS Act, enabling federally insured credit unions to license payment stablecoin issuers as subsidiaries. This move supports regulated stablecoin innovation within credit unions.
Fintech Groups Comment on Fed's Reserve Bank Payment Account Prototype
Fintech and traditional finance groups submitted comments on the Federal Reserve’s payment account prototype, urging access to payment rails like FedACH for fintechs. The Bank Policy Institute recommended a 12-month waiting period to mitigate risks, while FTA pushed for broader eligibility.
Ripple Partners with Figment for Enterprise Staking Services
Ripple announced a partnership with Figment to enable banks and custodians to offer staking for Ethereum and Solana without building validator infrastructure. This service maintains operational controls for regulated enterprises.
Danish Bank Launches Bitcoin and Ethereum ETPs for Customers
A major Danish bank introduced customer access to Bitcoin and Ethereum via exchange-traded products for the first time. This expands crypto exposure through regulated investment vehicles.
DEX Partners with Securitize for Tokenized Fund Access
The largest DEX by volume partnered with Securitize to offer BUIDL, a tokenized fund from a major U.S. asset manager, enhancing DeFi access to real-world assets.
AnChain.AI Partners with NUVA for RWA Security and Compliance
AnChain.AI announced a strategic partnership with NUVA, a chain-agnostic RWA marketplace, to integrate AI-powered security and AML monitoring. NUVA launches with vaults like nvYLDS (backed by SEC-registered stablecoin) and nvPRIME (HELOC exposure).
Bakkt Announces Partnership with Nexo
Bakkt partnered with global digital asset platform Nexo to expand services in crypto trading and custody. The collaboration aims to enhance user access to digital assets.
CFTC Revises Staff Letter on Payment Stablecoins
The CFTC reissued Staff Letter 25-40, revising the payment stablecoin definition to include national trust banks as permitted issuers. This supports a digital assets pilot for BTC, ETH, and USDC as derivatives collateral.
Prenetics Bolsters Liquidity to $171M After Insighta Sale to Tencent
Prenetics completed a $70M sale of Insighta to Tencent, increasing total adjusted liquidity to $171.1M including Bitcoin holdings. The firm maintains zero debt while expanding its IM8 health brand.
Retail Platform Launches Ethereum L2 Testnet for Tokenized Assets
A major U.S. retail trading platform launched a public testnet for its Ethereum Layer 2 on Arbitrum, targeting financial-grade DeFi products like tokenized RWAs and perpetuals. Integrations include Chainlink and LayerZero.