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U.S. Credit Unions Adopt Tokenization of Real World Assets
Traditional banks may still dominate the financial industry in terms of assets held, but credit unions are becoming an increasingly popular option for Americans who qualify. Read more
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The history of Bitcoin Pizza Day
Bitcoin Pizza Day, celebrated annually on May 22, marks a significant milestone in the history of cryptocurrency. This day commemorates the first documented real-world transaction using Bitcoin. Read more
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The List of Cryptocurrencies the SEC Called a Security in the Latest Kraken Lawsuit
Cardano (ADA) and Solana (SOL) are among the crypto assets labeled securities by the US SEC. Read more
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Nearly all stablecoin transactions are from bots and large-scale traders, not genuine users, study says
More than 90% of stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from becoming a commonly used means of payment. Read more
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Tokenizing money is the ‘greatest innovation’ after fiat
According to a Tether executive, tokenizing fiat currencies like the U.S. dollar is the greatest innovation since the invention of fiat and will enable new mechanisms in global finance in the coming years. Read more
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JPMorgan and Visa jump into ambitious tokenisation project in bullish sign for digital ledgers
In a major effort to upgrade the backbone of the global financial system, JPMorgan Chase and Visa have joined a project to test the feasibility of tokenising cash and other assets, SIFMA, a securities industry trade group announced Wednesday. Read more